Downstream

This post was originally published on this siteSoaring production from shale, wind and solar helped create the biggest glut since at least 1949. Yet demand may soon catch up. Energy scarcely got a look-in during last week’s US presidential debate, but its brief mention is still worth a closer look. In response to a question […]

This post was originally published on this siteFired co-founder Charif Souki plans to raise $100 million Tellurian is exploring options, sale with other investors Charif Souki said he plans to raise $100 million from investors to buy a stake in Tellurian Inc., the US natural gas development firm he co-founded and which fired him in December. “Various

This post was originally published on this siteThe state of Alaska has sued the federal government seeking to recover revenues it lost out on after President Joe Biden’s administration canceled oil and gas drilling leases in the federal Arctic National Wildlife Refuge. The state in a lawsuit filed on Tuesday in the U.S. Court of

This post was originally published on this siteThe final member has been chosen for a three-person arbitration panel meant to settle Exxon Mobil’s claim against Chevron’s $53 billion purchase of Hess Corp, two people familiar with the matter told Reuters. The panel’s formation would be a milestone in a long-delayed process that has cast uncertainty over

This post was originally published on this siteThe consolidation wave in the U.S. energy sector that triggered $250 billion worth of deals in 2023 has stretched into this year, as companies look for opportunities to deploy their cash hoard and boost their oil and gas reserves. The total value of deals in January and February

This post was originally published on this site(Reuters) – Oil prices edged lower on Thursday, retreating from the previous session’s multi-month highs, with investors taking profits as demand caution remained in focus despite last week’s decline in U.S. inventories. Brent crude futures were down 40 cents, or 0.46%, at $86.94 a barrel by 1105 GMT

This post was originally published on this siteBy Alex Epstein I often travel to give speeches about my work to energy companies, university students, non-profit organizations, and a variety of other audiences. Since these speeches often include a Q&A, I thought it would be fun to compile some of the most interesting questions I’ve been

This post was originally published on this site • “The unanticipated blocking of the U.S. government’s LNG permit pause will not affect projects currently under construction, though the path toward permit approval for new projects is still unclear,” said Alex Nouvakhov, senior director at Fitch Ratings • On Monday, a federal judge siding with 16 Republican-led

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This post was originally published on this siteU.S. utilities likely added a smaller-than-usual 32 billion cubic feet (bcf) of natural gas into storage last week as hot weather prompted power generators to burn more gas than usual to keep air conditioners humming, a Reuters poll showed on Tuesday. That compares with an injection of 76