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Exports

Competition for gas supplies could heat up between the EU and China

November 2, 2023 Mariel Alumit

The end of COVID-19 lockdowns in China has boosted the nation’s overall gas demand by 6% this year, according to a new report by UK consultancy firm Cornwall Insight. This demand isn’t currently mirrored by an increased […]

gas
Exports

Iran wants to set up regional gas hub

October 30, 2023 Mariel Alumit

The Islamic Republic has been seeking to enhance its position on the global energy market Tehran has proposed creating a regional gas hub within the Shanghai Cooperation Organization (SCO) to ensure energy security, Fars news […]

Crude Oil News

Daily Energy Standup Episode #240 – Offshore Wind Challenges, Geopolitical Conflicts, and Market Trends

October 30, 2023 Andy Del Prado

Daily Standup Top Stories GE Offshore Wind to Post $1 Billion Loss in 2023, Again in 2024 October 29, 2023 Allen Santos General Electric Co. expects its offshore-wind operations to post annual losses of about $1 billion […]

Is Natural Gas About to Become a Buyer’s Market?
Exports

Is Natural Gas About to Become a Buyer’s Market?

October 29, 2023 Mariel Alumit

For the second straight winter, Europe’s energy strategy is based largely on hopes for mild weather and reduced industrial demand, with gas prices still hovering at about 50 euros ($53) per megawatt-hour, more than double […]

EU
Climate Crisis

Exclusive: EU executive proposes methane emissions limit on gas imports – document

October 26, 2023 Mariel Alumit

BRUSSELS, Oct 25 (Reuters) – The European Commission has proposed imposing methane emissions limits on EU gas imports from 2030, a move that would pressure the bloc’s international fossil fuel suppliers including the U.S. to […]

Texas Natural Gas -
Crude Oil News

Texas’ Oil and Gas Industry Climbing to Record Highs as it Fills Gap for U.S., Europe

October 22, 2023 Mariel Alumit

From wellhead to export terminal, Texas’ oil and gas industry is buzzing to new heights, continuing its resurgence after the COVID-19 pandemic’s economic ebb. Last month, Texas set a new barrel-per-day (mb/d) production record of […]

Energy Crisis

Major gas supplier issues warning to EU

October 22, 2023 Mariel Alumit

The natural gas market in the European Union will remain turbulent in the coming winter even with the bloc’s storage facilities nearly full, Norwegian energy giant Equinor has warned. Gas reservoirs in the EU are […]

Crude Oil News

Daily Energy Standup Episode #233 – Global Energy Challenges: From Wind Power Controversy to Gas Supply Concerns

October 19, 2023 Andy Del Prado

Daily Standup Top Stories Farmers Rejecting Wind Power Projects to Avoid Massive Clean Up Costs October 18, 2023 Mariel Alumit Farmers are rejecting offers to host wind turbines to avoid being left with the massive cleanup […]

Shell
Exports

Shell Agrees to Buy Gas From Qatar for Netherlands Past 2050

October 18, 2023 Mariel Alumit

(Bloomberg) — Shell Plc agreed to buy liquefied natural gas from Qatar for 27 years to the Netherlands, marking the Gulf nation’s second major contract to supply fossil fuel to Europe beyond 2050 despite the […]

Much of the world’s gas comes from Hamas headquarters. This war could affect us all
Energy Crisis

Much of the world’s gas comes from Hamas headquarters. This war could affect us all

October 18, 2023 Mariel Alumit

The brutal Hamas attacks on Israel and the continuing military response to them have given rise to many questions related to regional and global energy security in recent days. As is always the case whenever new […]

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