A joint study agreement with shipping company Mitsui O.S.K. is Chevron New Energies' latest partnership to advance low carbon solutions worldwide.
Federal regulators also warned that the New England region faced its highest energy costs in more than 25 years this winter due to tight heating oil supplies and fierce competition for LNG.
The U.S. Treasury’s Office of Foreign Assets Control last week imposed sanctions on the stranded tanker, Young Yong, for its part in an international oil smuggling network that Washington said supports Hezbollah and Iran’s Quds Force.
“Among the reasons for this are greater uncertainty amid the current situation and, since September 26, damage to both of Nord Stream 1’s pipelines whose cause is as yet unclarified,” said E.ON, Europe’s biggest operator of energy networks.
France’s TotalEnergies SE said a ban on imports of Russian petroleum products will keep refining margins strong, while gas prices should remain robust amid Europe’s need to import LNG to replace Russian gas.
The request reveals a potential snag at a critical LNG production facility as U.S. producers try to ramp up exports to meet booming global demand.
Exxon Mobil's British Fawley oil refinery remains in operation despite a gas flaring incident that occurred on Nov. 8.
TC Energy plans to sell off assets and minority interests to generate over C$5 billion through 2023, according to the company's CEO.
PHMSA ordered Cheniere to shut two LNG storage tanks at the company’s Sabine Pass LNG export plant in Louisiana in February 2018 after plant workers discovered a one- to six-foot crack in one tank that leaked fuel into an outer layer.
"The Alaska Hydrogen Hub concept anticipates using $850 million in DOE funding along with $3.75 billion in private-sector funds, backed by offtake agreements from hydrogen customers in the U.S. and Asia," the Alaska Gasline Development Corp. said.