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Home2025February

Month: February 2025

LNG Canada
Exports

Shell’s LNG Canada moving forward with commissioning activities

February 28, 2025 Mariel Alumit

“LNG Canada will take delivery of a liquefied natural gas (LNG) cargo in early April at its marine terminal in Kitimat, British Columbia for equipment testing,” the JV said in a notice on Thursday. LNG […]

Venture Global
Exports

Venture Global to introduce gas to 9th Plaquemines liquefaction block

February 28, 2025 Mariel Alumit

FERC said in a filing dated February 27 that it has approved Venture Global Plaquemines LNG’s requests to commission and introduce hazardous fluids to liquefaction block 9 and pretreatment Unit C. In August 2024, FERC […]

Karoon
Crude Oil News

Karoon buys FPSO working offshore Brazil for $115m

February 28, 2025 Mariel Alumit

Australian oil and gas player Karoon Energy has bought the Cidade de Itajaí FPSO for $115m from Altera & Ocyan, the joint venture formed by the Brazilian company Ocyan and Altera Infrastructure. The FPSO was […]

US LNG
Exports

US LNG exports reach 29 shipments

February 28, 2025 Mariel Alumit

EIA said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 29 LNG vessels is 108 Bcf. This compares to 29 shipments and 110 Bcf in the week ending […]

Pending Home Sales
Finance

In the South, Pending Home Sales Plunge to Record Low, just as Inventories in Florida and Texas Balloon. Push US Pending Sales to Record Low

February 27, 2025 Mariel Alumit

In the West, Midwest, and Northeast, pending sales hobbled along near record-lows. Housing demand got shot in January. Prices are just way too high. By Wolf Richter for WOLF STREET. Here we go again, with another record low […]

Santos
Big Oil Companies

The Top 5 Oil Exploration Prospects of 2025

February 27, 2025 Clark Savage

Around 120 discoveries were made in 2024, but most were small, unlike major finds in previous years. High-impact drilling is expected in Suriname (Korikori), Cyprus (Elektra), Libya (Area C), and South Africa (DWOB). Oil majors […]

Critical Minerals

Electricity returns to most of Chile after a sweeping blackout, but questions remain

February 27, 2025 Clark Savage

SANTIAGO, Chile (AP) — Power was restored to most of Chile’s 19 million people Wednesday after the country’s most disruptive blackout in 15 years, the government said, as authorities lifted a strict curfew imposed when […]

Biden White House
Climate Crisis

The Gigantic Climate Slush Fund Inside The Biden White House

February 27, 2025 Mariel Alumit

Biden’s White House funneled billions into climate slush funds, with Podesta steering cash to political allies, including a Stacey Abrams-linked startup. ​The outrage over $2 billion being handed to a Stacey Abrams-related start-up by the […]

EPA's endangerment
Climate Crisis

Scrap The EPA’s CO2 Endangerment Finding And Restore Common Sense

February 27, 2025 Mariel Alumit

EPA’s endangerment finding fueled job losses, higher costs, and unreliable power—built on flawed models while ignoring carbon dioxide’s benefits. ​Having declared carbon dioxide and other greenhouse gases harmful pollutants, the Environmental Protection Agency’s 2009 endangerment […]

Wealthy Countries’ Green Energy Push Ignores Global Poor, Energy Poverty
Climate Crisis

Wealthy Countries’ Green Energy Push Ignores Global Poor, Energy Poverty

February 27, 2025 Mariel Alumit

Wealthy countries’ push for green subsidies harms the global poor, relying on unsustainable resources and ignoring the needs of billions in energy poverty. ​The few wealthy countries of Germany, Australia, Great Britain, New Zealand, other […]

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