This post was originally published on this site The deal comes amid warnings this year from Australia’s energy market operator of long-term supply gaps for gas on the country’s east coast, and after gas producers said they were reluctant to invest in new supply following government interventions.
Senex, AGL Sign Major Australian Gas Supply Deal Read More »
This post was originally published on this site The increase means most of the 93 companies whose Canadian pipelines are regulated by the CER will face higher abandonment costs, the regulator said.
Canadian Regulator Raises Pipeline Abandonment Cost Estimate to Over $14 Billion Read More »
This post was originally published on this site India’s largest gas distributor is offering the cargoes for loading from the Sabine Pass terminal in the U.S. and is seeking the cargoes for delivery into India’s Dhamra terminal.
GAIL India Issue Swap Tender for 12 LNG Cargoes in 2024 Read More »
This post was originally published on this siteLosses in the North American natural gas and oil rig count accelerated for the week ending Friday (June 16), with the total number falling by nine, according to the latest tally from Baker Hughes Co. (BKR). In the United States, five natural gas-directed rigs were dropped, with four
U.S. Natural Gas Rig Count Slides Further, with Permian and Marcellus Leading the Way Read More »
This post was originally published on this siteOffshore wind turbine and foundation installation companies Cadeler and Eneti announced they have agreed to merge through a stock-for-stock exchange.The combined company will be named Cadeler…
Cadeler and Eneti Agree to Merge Read More »
This post was originally published on this siteIran is shipping the most crude in almost five years.
Iranian Oil Is Quietly Flooding into the Global Market Again Read More »
This post was originally published on this siteThe Suez Rajan, carrying Iranian-grade crude oil, is currently at anchor off the US Gulf Coast after the US government seized the 158,573 dwt Suezmax. The US government apprehended the Suez Rajan, calling the ship to the US Gulf coast on court orders, amid developing tensions between the
Sanctions stigma proves troubling for shipowners lightering Iranian crude off USGC Read More »
This post was originally published on this siteTop U.S. Gulf of Mexico oil producer Shell on Thursday said its Olympus production platform in the U.S. Gulf of Mexico is offline for planned maintenance.The work started a week ago on Wednesday…
Shell’s Olympus Gulf of Mexico Platform Offline for Maintenance Read More »
This post was originally published on this siteNatural gas futures on Thursday rallied for a fourth consecutive session, bolstered by a bullish storage print that came on the heels of hotter weather and lower production. The July Nymex gas futures contract settled at $2.533/MMBtu, up 19.1 cents day/day. August jumped 19.6 cents to $2.609. NGI’s
Natural Gas Futures, Cash Prices Rally as Demand Heats Up, Storage Increases Ease Read More »
This post was originally published on this siteThe banking crisis began after the collapse of the Silicon Valley Bank in March 2023. The snowball engulfed the US banks Silvergate, Signature and First Republic, raising fears of contagion. Rising interest rates have also impacted lending in the world’s largest economy that could have a ripple effect
Oil and gas industry to weather the banking crisis, says GlobalData poll Read More »
Sign up today and join the Energy Strong Movement for FREE! Stay up to date with vital upcoming events, elections, and key issues. Members will receive emails and newsletters to keep our community informed.
