Downstream

This post was originally published on this siteMar 31, 2022 (Bloomberg) –President Joe Biden said his plan to release a million barrels of oil a day from U.S. reserves for six months would lay a foundation for the country to achieve independence from foreign energy suppliers. Biden blamed a spike in gasoline prices this year […]

This post was originally published on this siteWelcome to EnergyNow — every day, we publish the latest news and analysis to keep our readers up to date on what’s happening in the energy industry. Sign Up Here to get the day’s top stories delivered straight to your inbox. Video marketing is on the rise, and

This post was originally published on this site The LNG export project will be located in federal waters offshore Louisiana and will be able to export about 2.8 MTPA of LNG, or almost 0.4 Bcf/d of gas using its "Fast LNG" technology.

This post was originally published on this site TotalEnergies and Sempra are expanding their North American strategic alliance with the signing of two deals for the Vista Pacífico LNG export project in Mexico and the the co-development of several renewables projects.

This post was originally published on this siteMarch 31, 2022 U.S. natural gas futures rose about 2% to a fresh nine-week high on Thursday on forecasts for higher demand over the next two weeks than previously expected. That small price increase came ahead of a federal report expected to show U.S. utilities injected gas into

This post was originally published on this siteMarch 31, 2022 A rally in oil is set to continue with prices staying well above $100 this year as a parched market struggles to wean itself off Russian oil, a Reuters poll showed on Thursday. A survey of 40 economists and analysts forecast Brent crude would average

This post was originally published on this siteCanada’s first emissions reduction roadmap relies heavily on the oil and gas sector to help Ottawa reach its 2030 climate goal, but there is a still a big gap between what industry and government say are achievable cuts. Oil and gas is Canada’s highest-polluting sector, accounting for 26%

This post was originally published on this siteMar 31, 2022 (Bloomberg) Oil tumbled on signs the U.S. is considering tapping its reserves again in a potentially massive release aimed at managing inflation and supply shortages following Russia’s invasion of Ukraine. West Texas Intermediate futures fell as much as 6.8%, before paring some of those losses to

This post was originally published on this siteMar 31, 2022 (Bloomberg) The heads of major European airlines renewed calls for more government aid and legislation to help the industry decarbonize, arguing that the funds are needed to keep the region competitive as it makes a crucial and costly transition to cleaner energy. The chief executive officers

This post was originally published on this siteMar 31, 2022 (Bloomberg) Energy stocks dropped with oil prices as investors weighed reports that the Biden administration is considering a massive release of crude from U.S. reserves to fight inflation.Shares in big U.S. energy companies declined in premarket trading, while index futures pared an advance, Treasuries held gains and the