This post was originally published on this siteA roundup of news and commentary from NGI’s LNG Insight: An LNG vessel arrived at Freeport LNG’s loading dock for the first time since a June fire knocked the Texas facility offline. Chartered by BP plc, the Kmarin Diamond was towed into the facility around 1:30 p.m. Friday, […]
Vessel Arrives at Freeport LNG Loading Facility – The Offtake Read More »
This post was originally published on this siteAlready deflated by overwhelmingly mild weather so far this winter, regional natural gas forward prices saw a mix of generally small adjustments during the Feb. 2-8 trading period, NGI’s Forward Look data show. Having descended into sub-$3 territory, benchmark Henry Hub conceded another 6.9 cents for March fixed
This post was originally published on this siteReflecting a notable upswing in the Gulf of Mexico (GOM) and a decline in U.S. land drilling, the domestic rig count rose two units to 761 for the week ended Friday (Feb. 10), according to the latest tally from Baker Hughes Co. (BKR). Ten oil-directed rigs were added
GOM Gains Six Rigs, Land Drilling Slides in Latest Baker Count Read More »
This post was originally published on this site Germany and Oman are in advanced talks to sign a long-term deal for LNG lasting at least 10 years as Berlin continues its search for alternatives to Russian fuel supplies, three sources familiar with the matter said.
Germany in Advanced Talks with Oman for Natural Gas Supplies Read More »
This post was originally published on this siteRussia said it would cut its roughly 10 million b/d oil production by 5% in retribution of Western sanctions amid the Kremlin’s nearly year-long war in Ukraine. The decision follows steps by Russia in 2022 to slash the bulk of natural gas exported via pipeline to the European
Russia Vows Oil Production Cuts, Compounding Natural Gas Retaliation Against Europe Read More »
This post was originally published on this site North American pipeline operator Enbridge Inc. on Friday posted a quarterly loss from a year-ago profit as it took a non-cash $1.86 billion hit from the higher cost of capital related to its natural gas transmission business.
Pipeline Operator Enbridge Swings to Loss on $1.86 Billion Charge Read More »
This post was originally published on this siteEnbridge is anticipating stepped-up throughput on its Canadian Mainline system in 2023 compared with the previous year, as incremental heavy oil barrels are produced in the Western Canadian Sedimentary Basin, CEO Greg Ebel said Feb. 10. “Our Mainline is running full, and average throughput was 2.96 million b/d
Enbridge sees increased crude volumes on Canadian Mainline in 2023 Read More »
This post was originally published on this siteCOP15’s draft framework agreement recognised that action is needed to halt biodiversity loss by 2030 and to reverse it by 2050. And not before time. Wildlife populations have plummeted 69% since 1970, according to WWF’s latest Living Planet Report. And it matters: Our planet’s biodiversity is our life support
A tale of two COPs: Connecting climate and biodiversity Read More »
This post was originally published on this siteAt Ørsted, we are on a mission to create a world that runs entirely on green energy. To achieve this, we must unlock all the renewable energy resources available to us – no matter how challenging that might be. Floating offshore wind offers tremendous potential: It could allow us
Floating wind: Time to turn expertise into action in deeper waters Read More »
This post was originally published on this siteSince the Paris climate agreement in 2015, more and more national governments are making commitments to reach net-zero greenhouse gas emissions. This means they’ve set a year by which their economies’ total emissions of carbon dioxide, methane and other gasses that warm the atmosphere will be equal to
It all needs to add up: what makes a credible corporate climate pledge? Read More »
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