Downstream

This post was originally published on this siteU.S. Energy Secretary Jennifer Granholm speaks alongside Canadian Minister of Natural Resources Jonathan Wilkinson and Qatari Energy Minister Saad Sherida al-Kaabi at the CERAWeek energy conference in Houston, Texas, U.S. March 9, 2022. REUTERS/Liz Hampton. Summary Supply needs to increase to meet demand – Granholm Industry has been […]

This post was originally published on this siteHOUSTON, March 9 (Reuters) – Energy industry leaders said the burgeoning energy crisis is perhaps more dire for Europe’s natural gas market than its crude oil imports, due to the continent’s dependency on Russia and as prices have been sky-high for months. Panelists at this year’s CERAWeek conference

This post was originally published on this siteHOUSTON, March 9 (Reuters) – Energy industry leaders said the burgeoning energy crisis is perhaps more dire for Europe’s natural gas market than its crude oil imports, due to the continent’s dependency on Russia and as prices have been sky-high for months. Panelists at this year’s CERAWeek conference

This post was originally published on this siteMarch 10 (Reuters) – U.S. solar installations soared 19% to hit a record last year, but new capacity will slide in 2022 as project developers struggle with cost inflation and shipping delays, according to an industry forecast published on Thursday. The subdued outlook comes as the industry is

This post was originally published on this siteLONDON, March 10 (Reuters) – Shell (SHEL.L)faces writedowns on $400 million in Russian downstream assets, it saidon Thursday, having announced $3 billion worth of other projects previously. The oil major announced on Feb. 28 that it would quit its ventures in Russia with Gazprom and related entities including

This post was originally published on this siteDUBAI, March 10 (Reuters) – The United Arab Emirates is committed to the OPEC+ agreement on monthly oil production and has not agreed to individually increase production outside that framework, UAE energy minister Suhail al-Mazrouei told state news agency WAM on Thursday, reiterating earlier remarks. The UAE’s ambassador

This post was originally published on this siteLand experts Trish Clark of YES Energy Source and Dean Ruston of Pandell get to the heart of how technology innovation helps land professionals today As a busy land professional, how do you balance daily deliverables with evolving processes? While it’s hard to find time for new technology,

This post was originally published on this siteMarch 9, 20222 Any oil and gas companies that can increase supply should do so quickly due to the growing energy crisis following Russia’s invasion of Ukraine, U.S. Energy Secretary Jennifer Granholm said on Wednesday. “In this moment of crisis we need more supply,” Granholm told attendees at

This post was originally published on this site Under the agreement, Engie has agreed to purchase approximately 0.9 MTPA of LNG from Cheniere on a free-on-board basis for a term of approximately 20 years, which began in September 2021.

This post was originally published on this siteU.S. natural gas futures were little changed as forecasts for more U.S. heating demand next week slowed the U.S. market following a massive drop in global gas and oil prices. European gas futures plunged over 21% Wednesday morning as supplies stabilized with high flows from Russia and massive