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Home2024August

Month: August 2024

Texas Pacific Land Corporation
Finance

Texas Pacific Land Corporation Acquires Permian Mineral Interests and Surface Acreage in Cash Transactions

August 28, 2024 Clark Savage

Acquisitions Add High-Quality Assets that are Expected to Generate Attractive Returns DALLAS, Aug. 27 /BusinessWire/ — Texas Pacific Land Corporation (NYSE:TPL) (the “Company” or “TPL”) today announced the closing of two acquisitions for oil and […]

PetroChina
Earnings

PetroChina Sees 3.9 Percent Increase in H1 Profit despite Weaker Demand

August 28, 2024 Clark Savage

PetroChina Co. Ltd.’s net income for the first half (H1) of 2024 rose 3.9 percent year-on-year to RMB 88.61 billion ($12.4 billion) as operating results broke company records for the period for the third consecutive […]

Equinor
Crude Oil News

Equinor Boosts Norwegian Economy with $12.7B in 2023

August 28, 2024 Clark Savage

Equinor ASA said it is boosting the local economy, as its activities in Norway were measured as costing over $12.72 billion (NOK 134 billion) last year, of which 94 percent was transacted with Norwegian suppliers. […]

Woodside
LNG

Woodside sees big interest in Driftwood LNG stake sale

August 28, 2024 Stu Turley

Woodside announced on July 22 it has entered into a definitive deal to buy Tellurian. The company said the consideration for the transaction is an all-cash payment of about $900 million, or $1.00 per share of outstanding […]

Enagas
LNG

Spain’s Enagas retires Barcelona LNG tank

August 28, 2024 Stu Turley

Enagas said in an operation note on August 26 the TK-1400 tank, located in the Barcelona terminal, is reaching the end of its service life. “Therefore, its withdrawal from service for purpose of calculating the […]

Inpex
LNG

Inpex says to restart second Ichthys LNG train in October

August 28, 2024 Stu Turley

“Ichthys LNG’s Train 2 is scheduled to be restarted in October 2024,” the spokesman said. Inpex said on August 22 that the second train was “temporarily halted” on the evening of August 20. Prior to […]

Nigeria
LNG

Nigeria’s NNPC starts LNG deliveries to Japan and China

August 28, 2024 Stu Turley

NNPC, which has a 49 percent stake in Nigeria LNG, the operator of the six-train 22 mtpa facility on Bonny Island, said in a statement on Monday it has achieved the milestone through the collaboration of […]

power plant
Imports

First LNG power plant launched in Sri Lanka

August 28, 2024 Clark Savage

The Sobadhanavi 350 MW combined cycle power plant in Kerawalapitya was launched during a ceremony on Wednesday, attended by officials from the government, LTL, Sobadhanavi, Lakdhanavi, and others. LTL’s Sobadhanavi owns the power plant built […]

Refrigeration
Climate Crisis

A Chilling Reality: ‘Climate Nags’ Now Targeting Refrigeration

August 28, 2024 Clark Savage

The latest climate scare is aimed at refrigeration as activists claim it causes ‘wide-ranging climate implications.’ Who cares about spoilt food? We’ve noticed over the last couple of decades a repeating cycle in which finger-wagging […]

Trump
Climate Crisis

Why Trump Would Be Better For The Climate Than Kamala

August 28, 2024 Clark Savage

Former President Trump has shown that dominating energy and decreasing emissions aren’t mutually exclusive. Many progressives highlight the stakes of this election for climate change, arguing that one major presidential candidate’s agenda is better on […]

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