US energy firm ConocoPhillips is looking to sign more LNG offtake deals and to secure additional regasification capacities, as it continues to expand its LNG portfolio, according to its management. ConocoPhillips CEO Ryan Lance and […]
Daily Standup Top Stories Replacing a Talen Energy coal-fired power plant with battery storage is infeasible: PJM May 6, 2024 Mariel Alumit An 800-MW, four-hour battery is “not a realistic option” for replacing Talen Energy’s 1,280-MW, […]
When the Oracle of Omaha gets dark-ish on stocks at these prices, he isn’t taken seriously, suddenly. It’s only when he hypes stocks that everyone jumps in behind him. By Wolf Richter for WOLF STREET. Treasury bills are […]
Giant Chevron and mid-cap Cheniere have said they are bullish on natural gas demand, which Chevron CEO Mike Wirth says he expects to beat expectations due to surging electricity consumption from big tech. Speaking to […]
The Federal Trade Commission last week gave the green light to Exxon’s acquisition of Pioneer Natural Resources. The FTC alleged that Sheffield had colluded with OPEC and OPEC+ members to limit production and increase oil […]
The International Energy Agency (IEA) recommends leaving new oil discoveries in the ground to achieve global climate aims. African and Caribbean nations face pressure to choose between economic development and climate action. Developing countries need […]
HOUSTON, May 6 (Reuters) – Oil futures rose on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect of a quick agreement for a Gaza ceasefire deal appeared slim, […]
The rule, mandated by the Energy Independence and Security Act of 2007, requires federal buildings to phase out fossil fuel usage by 2030. The focus is on transitioning to cleaner electricity sources like wind and […]
Four unnamed sources have told Reuters that Saudi state-run oil giant Aramco is in talks to potentially acquire Shell’s billion-dollar gas station business in Malaysia, where the Dutch supergiant owns a network of nearly 1,000 […]
One of the recent positives for bonds and non-energy stocks could have run its course after Saudi Arabia raised the price of its flagship crude to Asia for a third consecutive month, according to Bloomberg markets live […]
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