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Home2024August

Month: August 2024

ExxonMobil's Guyana Oil
Big Oil Companies

ExxonMobil’s Guyana Oil: A Trillion-Dollar Opportunity?

August 30, 2024 Mariel Alumit

ExxonMobil’s Guyana oil production is rapidly expanding, with the potential to reach 2 million barrels per day by the early 2030s. The company’s Permian Basin assets are also poised for growth, with production expected to […]

ENB Podcast

ENB #216 Revolutionizing Nuclear Energy: Elizabeth Muller on Innovative Waste Disposal and Achieving Net Zero

August 30, 2024 Stu Turley

In the Energy News Beat, Conversation in Energy with Stuart Turley interviews Elizabeth Muller, Executive Chair and Co-Founder, about the future of nuclear power and the challenges surrounding nuclear waste disposal. They explore public perception […]

Shell
Big Oil Companies

Shell wraps up first operations with Crowley’s LNG bunkering barge

August 30, 2024 Mariel Alumit

A unit of LNG giant Shell has completed the first operations with Crowley’s recently delivered LNG bunkering barge, Progress. Last week, the 12,000-cbm LNG bunkering barge, the largest US Jones Act-compliant vessel of its kind, […]

Ukraine
Geopolitical

Russian attacks on power sector pose risk to nuclear facilities, Ukraine says

August 30, 2024 Mariel Alumit

  A Russian drone and missile attack earlier this week forced Ukraine to disconnect several nuclear power units from the grid, posing a risk to the nuclear power sector, a Ukrainian mission to the International […]

LNG
Exports

US LNG exports reach 26 cargoes

August 30, 2024 Mariel Alumit

The agency said in its weekly report, citing shipping data provided by Bloomberg Finance, the total capacity of these 26 LNG vessels is 98 Bcf. This compares to 26 shipments and 99 Bcf in the week ending […]

Westinghouse
Energy Policy

Green light for mini reactor in uk power push

August 30, 2024 Mariel Alumit

Westinghouse Electric Company announced that it has received approval from the Department of Energy Security and Net Zero to begin the Generic Design Assessment (GDA) for its AP300 Small Modular Reactor (SMR). This marks the […]

Golden Pass
Energy Policy

Golden Pass seeks FERC extension to complete Texas LNG terminal

August 30, 2024 Mariel Alumit

State-owned QatarEnergy owns a 70 percent stake in the Golden Pass project with a capacity of more than 18 mtpa and will offtake 70 percent of the capacity, while US energy firm ExxonMobil has a 30 […]

energy
Energy Transition

Scotland powers nearly half of UK’s wind energy milestone

August 30, 2024 Mariel Alumit

The UK reached a major renewable energy milestone yesterday, with its wind power capacity hitting 30GW. Almost half of this – 48% – is being generated by Scotland’s offshore and onshore wind farms. This 30GW […]

LNG
Finance

Spot LNG shipping rates continue to slide, European prices rise

August 30, 2024 Mariel Alumit

Last week, both Atlantic and Pacific rates declined. “Spark30s Atlantic rates experienced a third week-on-week decrease, falling by $1,000 to $60,500 per day,” Qasim Afghan, Spark’s commercial analyst told LNG Prime on Friday. He said that Spark25S […]

Floating wind
Energy Transition

Floating wind to fuel UK oil and gas

August 30, 2024 Mariel Alumit

TotalEnergies has announced a new pilot project to install a floating wind turbine to supply renewable electricity to the Culzean offshore platform in the North Sea. The project is designed to test an approach to […]

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