Upstream

This post was originally published on this siteAs we outline today in another post, the PJM electric grid, which covers 13 states including Pennsylvania, reports emissions of all the nasty things (carbon dioxide, nitrogen oxides, sulfur dioxide) have decreased radically thanks to the change from coal-fired power to natural gas-fired power (see Marcellus Fracked Gas […]

This post was originally published on this siteHave things finally turned around for the problem-plagued Freeport LNG export facility located in Quintana, Texas? We hope so. Last week, we reported gas flows to the facility had dropped to “near zero” for at least five days in a row (see Freeport LNG Still Mostly Shut Down

This post was originally published on this siteNATIONAL: NA natgas demand to soar in ‘25 and beyond, says Halliburton; Bidens doing everything they can to stop LNG development, exports; AI boom to fuel natural gas demand in coming years, report says; INTERNATIONAL: Rising spot LNG prices starting to bite some Asian buyers; Environmentalists’ silence on

This post was originally published on this site Oilfield services company Halliburton said on Tuesday it expects growth in its international business this year, but North American revenue will likely remain flat due to weak demand for drilling.

This post was originally published on this site Technology advances are making it possible for U.S. shale oil and gas companies to reverse years of productivity declines, but the related requirement to frontload costs by drilling many more wells is deterring some companies from doing so.

This post was originally published on this siteWith natural gas prices being nearly cut in half, Italy’s energy giant Eni has seen a 46% drop in net profit in the first quarter of 2024 compared to the sum collected in the same period last year. The post Sharp fall in gas prices brings Eni slump

This post was originally published on this siteItalian shipping company Grimaldi has taken delivery of Great Abidjan, the fourth ship in a series of six multipurpose roll-on/roll-off (RoRo) units belonging to the new G5 class. The post Grimaldi takes delivery of fourth eco-friendly multipurpose RoRo appeared first on Offshore Energy.

This post was originally published on this siteEIG-managed LNG company MidOcean Energy has completed the acquisition of Korea-based SK earthon’s interest in Peru LNG (PLNG). The post New partner joins South America’s inaugural LNG export facility appeared first on Offshore Energy.

This post was originally published on this siteAtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, said that its first plug-in hybrid newbuilding Electramar reached the Baltic Sea, marking the end of a long voyage from India around the Cape of Good Hope to Europe. The post AtoB@C Shipping welcomes first plug-in hybrid newbuild in

This post was originally published on this siteAsian countries are expected to dominate the global polyolefins capacity additions.