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Home2024

Year: 2024

China
Crude Oil News

China Replaces Western Energy Firms in Iraq’s Supergiant Oil Field

January 9, 2024 Mariel Alumit

West Qurna 1, holding over 20 billion barrels of reserves, is a key asset in Iraq’s oil industry, with PetroChina now leading its development. ExxonMobil’s withdrawal from the Common Seawater Supply Project and other Iraqi […]

America
Energy Crisis

America Has Plenty of Natural Gas. So Why Is New England Left Out in the Cold?

January 9, 2024 Mariel Alumit

America is the world’s largest natural-gas producer, but New Englanders’ capacity to stay warm in winter may hinge on the fate of an expensive, 53-year-old import plant that its owner has threatened to shut down. […]

International News

Ksi Lisims LNG, Shell seal 20-year SPA

January 9, 2024 Stu Turley

The partners behind the Ksi Lisims floating LNG project in Canada have signed the first long-term offtake deal with a unit of LNG giant Shell. Under the 20-year SPA, Ksi Lisims will supply 2 million […]

Exports

Australia Pacific LNG pens new domestic gas deal

January 9, 2024 Stu Turley

Australia Pacific LNG, the operator of the 9 mtpa LNG export facility on Curtis Island near Gladstone, has signed a deal to supply additional gas to the domestic market. According to a statement by APLNG, […]

International News

Finland’s Gasum inks e-methane deal

January 9, 2024 Stu Turley

Finnish state-owned energy firm Gasum will buy e-methane from Nordic Ren-Gas to supply it to its customers in the heavy-duty road transport sector and the maritime industry. Gasum and Nordic Ren-Gas have signed a long-term […]

International News

Stena orders another LNG-fueled ferry in China

January 9, 2024 Stu Turley

Image: Stena RoRo Sweden’s Stena RoRo has ordered another LNG-powered ferry from China Merchants Jinling Shipyard in Weihai. The RoPax-class E-Flexer vessel will be delivered in the first quarter of 2026 to France’s Corsica Linea […]

Exports

Peru LNG’s 2023 exports rise

January 9, 2024 Stu Turley

Peru LNG, the operator of the 4.4 mtpa LNG plant at Pampa Melchorita, has increased its exports last year compared to the year before, and it also expects to boost the number of shipments in […]

Finance

Taiwan war would cut global GDP by 10% – Bloomberg

January 9, 2024 Stu Turley

A US-China clash over the self-ruled island would cost the world some $10trn, the business news outlet estimates If the US and China were to have a military showdown over the island of Taiwan, the […]

Energy Crisis

After referendum, Maine advocates and lawmakers look to bolster utility accountability and performance

January 9, 2024 Stu Turley

​ This article was originally published by the Maine Morning Star. Following the defeat of a ballot measure that sought to replace Central Maine Power (CMP) and Versant with a consumer-owned power company, policymakers and […]

Exploration and Production

Shale tycoon Harold Hamm wants to lure Gen Z to the oil industry

January 9, 2024 Stu Turley

Oil Price Shale tycoon Harold Hamm and U.S. and European supermajors are looking to support university courses in petroleum engineering and related disciplines in a bid to attract young talent to the industry that’s not […]

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