Mark Carney to Build a New Economy with the EU – It appears he is working for China and the EU, and not the Canadians.

Prime Minister Mark Carney’s government has accelerated efforts to deepen Canada’s economic and security ties with the European Union, framing diversification as essential amid escalating trade friction with the United States. Official statements and actions indicate a strategic pivot toward Europe (and select other partners) rather than prioritizing new comprehensive U.S. trade arrangements beyond existing […]

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Noreva’s new U.S. gas forecasting service expects a more volatile market featuring higher regional price spikes, including potential $10/MMBtu levels in constrained areas.

Noreva (formerly Karbone Research), an AI-powered energy market intelligence platform, recently expanded its offerings with enhanced U.S. natural gas forecasting tools. These include merchant curves, scenario modeling, fundamentals analysis, basis and logistics analytics, and capacity pricing forecasts that integrate real transactional data, supply-demand balances, policy factors, and proprietary models. The service aims to provide clearer […]

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What are tank bottoms?

Crude oil inventories held at storage facilities in Cushing, Oklahoma, fell below 20 million barrels during the week ending June 19 until the week ending July 10, according to our Weekly Petroleum Status Report. Storage facilities for crude oil and petroleum products require a minimum volume of product in their tanks and pipe infrastructure to remain […]

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Williams Looking at $5.5 Billion M&A Deal to Expand LNG Pipeline Reach

The Williams Companies, Inc. (NYSE: WMB), one of America’s largest natural gas infrastructure companies, is in late-stage talks to acquire privately held Momentum Midstream from EnCap Flatrock Midstream in a deal valued at approximately $5.5 billion. If completed, it would rank among the largest acquisitions in Williams’ history and significantly strengthen its position in the […]

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Delfin Takes FID on First FLNG

In a major step forward for U.S. floating LNG technology, Delfin Midstream has reached a Final Investment Decision (FID) on its first FLNG project offshore Louisiana. The 4.4 million tonnes per annum (mtpa) facility will become the first floating liquefaction unit in the United States and the world’s largest FLNG vessel. Samsung Heavy Industries secured […]

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Trump Pushes to Reopen California Coast to Offshore Drilling. But Gavin Claims It is DOA

In a bold move that could reshape America\’s energy landscape, the Trump administration is advancing plans to restart offshore oil and gas drilling along California\’s coastline for the first time in decades. The draft proposal from the Bureau of Ocean Energy Management (BOEM) outlines six lease sales off the Pacific coast, primarily around Santa Barbara […]

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