Downstream

Global Fossil Fuel Use Rising Despite UN Proclamations – Fraser Institute

This post was originally published on this siteBy Julio Mejía and Elmira Aliakbari At the Conference of the Parties (COP29) in Azerbaijan, António Guterres, the United Nations Secretary-General, last week called for a global net-zero carbon footprint by 2050, which requires a “fossil fuel phase-out” and “deep decarbonization across the entire value chain.” Yet despite the trillions of dollars […]

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EQT announces $3.5 billion midstream joint venture with Blackstone Credit & Insurance

This post was originally published on this sitePITTSBURGH, Nov. 25, 2024 /PRNewswire/ — EQT Corporation (NYSE: EQT) announced today that it has entered into a definitive agreement with funds managed by Blackstone Credit & Insurance (“BXCI”), to form a new midstream joint venture (the “JV”) consisting of EQT’s ownership interest in high quality contracted infrastructure

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AI Boom Propels a Wild-West-Era Texas Landowner to 230% Stock Rally

This post was originally published on this siteTexas Pacific Land Corp.’s value has soared as Big Tech plows cash into sprawling US data centers A Texas land company founded during the Wild West era more than a century ago is becoming an unlikely beneficiary of market euphoria over artificial intelligence. Dallas-based Texas Pacific Land Corp.,

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Trump’s Energy Czar Burgum Is a Powerful Cabinet Pick – If Trump Stays Happy

This post was originally published on this siteThe North Dakota governor would have an unusually broad portfolio as Trump’s energy czar and Interior Secretary.  By Patricia Lopez Patricia Lopez is a Bloomberg Opinion columnist covering politics and policy. She is a former member of the editorial board at the Minneapolis Star Tribune, where she also

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How Indian Billionaire Gautam Adani’s Alleged Bribery Scheme Took Off and Unraveled

This post was originally published on this siteSummary India’s Gautam Adani charged in US over alleged bribes SEC investigation dates back at least two years FBI seized Adani nephew’s electronics in 2023 (Reuters) – In June of 2020, a renewable energy company owned by Indian billionaire Gautam Adani won what it called the single largest solar

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Russian Gas Flows to Europe via Ukraine Stable Despite Gazprom-OMV Row

This post was originally published on this siteSummary Nominations to Austria unchanged in recent days Gazprom halted flow to Austria’s OMV in mid-November (Reuters) – Russian gas exports to Europe through Ukraine have been stable on Monday despite a contractual row between Kremlin-owned Gazprom  and Austria’s OMV , which halted gas flows to the Vienna-based company

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TotalEnergies Pauses Business with Adani, Says it was Not Aware of U.S. Investigation

This post was originally published on this siteSummary Total owns 20% of Adani Green, has board seat Adani denies bribery allegations Total to pause financial flows to Adani businesses Total not informed of US investigation PARIS, Nov 25 (Reuters) – French oil major TotalEnergies SE was not informed of a U.S. investigation into possible bribery and corruption at

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