Biden Seeks to Bolster Deepwater Horizon-Era Mandates Trump Eased

This post was originally published on this site(Bloomberg) —The Biden administration on Monday moved to stiffen offshore oil drilling safety measures that were imposed in the wake of the Deepwater Horizon disaster but later eased under former President Donald Trump. Most of the proposed changes take aim at blowout preventers, emergency devices meant to to […]

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Cheniere Rises as LNG Exporter Signals More Cash Is on the Way

This post was originally published on this siteSep 12, 2022 (Bloomberg) Cheniere Energy Inc. boosted its full-year 2022 profit forecast beyond analysts’ expectations as the largest US exporter of liquefied natural gas said some shipments will depart sooner than anticipated. The shares rose.One measure of earnings is now seen at a midpoint of about $11.3 billion

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Meet Pierre Poilievre – A Canadian Right-Winger Takes on Trudeau from the economy to energy to climate change

This post was originally published on this siteSep 12, 2022 (Bloomberg Markets)  Pickup trucks pack the parking lot of the Best Western Lamplighter Inn. On an August evening in London, Ont., the hotel’s ballroom is standing room only. The Conservative Party rally is attracting rugged folks, many from outlying hamlets: farmers, health-care workers, bus drivers, pensioners,

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Oil, Gas Industry Expresses Concern Over Changes at Mexico’s Upstream Regulator

This post was originally published on this siteMexico’s Hydrocarbon Companies Association (AMEXHI) has urged the country’s Senate to expedite the appointment of a new head at upstream regulator Comisión Nacional de Hidrocarburos (CNH). Former head Rogelio Hernández’s resignation was made public last week, meaning the CNH now has three active members. By law, the CNH

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Natural Gas Futures Extend Win Streak Amid Lingering Domestic, Global Supply Concerns

This post was originally published on this siteNatural gas futures on Monday advanced for a third consecutive session, propelled by festering worries about winter storage inadequacy. The October Nymex gas futures contract jumped 25.3 cents day/day and settled at $8.249/MMBtu. November rose 24.3 cents to $8.287. At A Glance: Demand fades, production rises But storage

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