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Home2024September

Month: September 2024

China
Exports

China was top destination for US LNG shipments in July

September 26, 2024 Mariel Alumit

The DOE report shows that US terminals shipped 33.4 Bcf of LNG to China in July, 28.3 Bcf to India, 26.8 Bcf to Japan, 24.3 Bcf to Egypt, and 24.1 Bcf to South Korea. These […]

PV Power
Electrical Generation / Utilities

PetroVietnam Power to start testing LNG power plant in October

September 26, 2024 Mariel Alumit

In November 2021, PV Power broke ground on the Nhon Trach 3 and 4 plants in the southern province of Dong Nai, which are worth about $1.4 billion. Vietnam’s first LNG power plants will have a total […]

Russian
Commodities

Russian province boosting exports to Africa

September 26, 2024 Mariel Alumit

  The Krasnodar Region is expanding its trade with countries including Egypt and Cote D’Ivoire, the deputy governor has said The Krasnodar Region, one of Russia’s main agricultural hubs, continues to develop trade with Africa […]

Crude Oil News

2024 Natural Gas Slump

September 26, 2024 Andy Del Prado

Daily Standup Top Stories Russia Ramps Up Arctic Oil Tanker Shipping to a New Record September 25, 2024 Stu Turley 15 oil tankers have crossed the Arctic waters so far this year With a month to […]

Inventory
Finance

Here Comes the Inventory of New Spec Houses, Highest since 2009. Sales Jump, Builders Take Share from Homeowners

September 25, 2024 Stu Turley

This buildup of completed single-family houses is a factor in resolving the price dislocations of the overall housing market. By Wolf Richter for WOLF STREET. Inventory of new completed houses jumped by 46% year-over-year, and by over 200% […]

Inventories
Crude Oil News

U.S. Petroleum Inventories Fall More Than Expected

September 25, 2024 Mariel Alumit

Crude oil inventories in the United States fell by 4.339 million barrels for the week ending September 20, according to The American Petroleum Institute (API). Analysts had expected a drop, but a much smaller one […]

National Grid
Energy Transition

UK’s National Grid Admits It Doesn’t Have A Clue How To Reach Net Zero

September 25, 2024 Mariel Alumit

A few weeks ago, Energy Secretary Ed Miliband and his Head of Mission Control, Chris Stark wrote a public letter to Fintan Slye of the National Grid ESO asking for practical advice on how to deliver a […]

energy
Crude Oil News

Two basic facts are driving the ignorance of America’s forthcoming energy crisis

September 25, 2024 Mariel Alumit

Shockingly, energy policymakers do not understand that electricity and transportation cannot exist without products made from fossil fuels. Political bureaucrats and policymakers seem to be oblivious to humanity’s addiction to oil, as they are to […]

DoD
Energy Tech

DoD Breaks Ground on Project Pele: A Mobile Nuclear Reactor for Energy Resiliency

September 25, 2024 Mariel Alumit

The Department of Defense (DoD) has broken ground at Idaho National Laboratory (INL) on the Project Pele transportable nuclear reactor. The reactor, under a Strategic Capabilities Office (SCO) initiative, is being manufactured by BWXT Advanced […]

ENB Pub Note

Why are natural gas prices so low in 2024

September 25, 2024 Stu Turley

The low natural gas prices in 2024 can be attributed to a combination of factors based on the information available up to September 25, 2024: High Inventory Levels: At the beginning of 2024, natural gas […]

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