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HomeAuthorsClark Savage

Articles by Clark Savage

Saibu Gas
International News

Japan’s Saibu Gas decides to build third Hibiki LNG tank

November 28, 2024 Clark Savage

The firm said in a statement on Thursday that the total construction costs will reach about 50 billion yen ($329.3 million). Besides a 230,000-cbm LNG tank, the expansion includes other facilities such as LNGvaporizer, BOG […]

Taiwan
International News

Taiwan boosts LNG imports in January-October

November 28, 2024 Clark Savage

Data from the Directorate General of Customs shows that the country received 17.92 million tonnes of LNG during the ten-month period. This is up by 7.9 percent year-on-year compared to 16.61 million mt in January-October […]

ConocoPhillips
Big Oil Companies

ConocoPhillips Acquires Marathon Oil to Bring Over $1B in Synergies

November 28, 2024 Clark Savage

ConocoPhillips COP recently completed the acquisition of Marathon Oil Corporation, which was initially announced in May, 2024. The acquisition will enhance its deep, durable and diverse portfolio aligned with its strict financial framework. It will bolster […]

Helix
Grid

Helix secures work on UK’s biggest subsea connection project

November 28, 2024 Clark Savage

Helix Helix Energy Solutions’ marine contracting business unit, Helix Robotics Solutions has secured a contract from SSEN Transmission to provide unexploded ordnance (UXO) survey services for the Eastern Green Link 2 offshore subsea cable project. […]

Big Oil Companies

Why Energy Giants Won’t Turn Their Backs on Oil

November 27, 2024 Clark Savage

Oil and gas companies are investing in renewables and clean tech but prioritize fossil fuel operations as global demand rises. Global emissions from fossil fuels reached a record high in 2024, despite renewable energy growth […]

ENB Pub Note

Waive the Jones Act to Get the Supply Chain Flowing Again

November 26, 2024 Clark Savage

ENB Pub Note: There are three critical things for the new administration to embrace on their path to lower energy costs. 1: Cut and fix the nuclear and oil and gas regulations that cost consumers […]

ENB Pub Note

Trump Energy Agenda Will Have A Heavy Natural Gas Focus

November 26, 2024 Clark Savage

ENB Pub Note: This article is from David Blackmon on Forbes. I agree with David on his key points, and as President Trump points out, the LNG is good for the environment and our economy. […]

AI

Trump and the AI Power Boom Are Putting Utility Climate Goals at Risk

November 26, 2024 Clark Savage

Big US utilities’ climate goals are in peril as artificial intelligence turbocharges electricity demand and Donald Trump’s reelection signals policy shifts that would favor fossil fuels. These companies all have ambitious targets to cut their carbon emissions, most […]

Electric Vehicles

Tesla Excluded From EV Buyer Credits in California Proposal

November 25, 2024 Clark Savage

(Bloomberg) — Tesla Inc.’s electric vehicles would be excluded from consumer rebates proposed by California’s governor, a decision aimed at spurring greater competition that’s likely to draw the ire of Elon Musk. California Governor Gavin […]

Big Oil Companies

BP CEO: Global Oil Demand Keeps Exceeding Expectations

November 25, 2024 Clark Savage

Global oil demand continues to surprise on the upside, BP Plc (NYSE:BP) Chief Executive Murray Auchincloss told the Energy Intelligence forum in London on Monday, saying that oil demand kept rising on average by more or […]

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