Pietro D
Pitts
Hart Energy
First-half 2024's US LNG Exports Rise 3%, DOE Says
U.S. LNG exports rose 3% in the first half of 2024 compared to the same six month period in 2023 and the top 10 countries importing U.S. LNG accounted for 67% of the North American country’s LNG exports in the first half of 2024, according to a recent report from the U.S. DOE.
Citgo Auction in Jeopardy as Venezuela Bondholders Pursue Parallel Claims
The court cases have increased uncertainty over which company is best positioned to take over the seventh-largest U.S. refiner Citgo Petroleum.
RBAC: Environmental Pressures Undercutting the Global Gas Network
RBAC founder and energy economist Robert Brooks worries that environmental goals and pressures have taken a front seat at the expense of affordable energy access to countries such as Africa.
Kissler: How Long Will Geopolitical Unrest Support Crude Prices?
Slower global economic growth pulls prices in the opposite direction even as oil prices were up about 4% on Oct. 10 due to factors including risks to Middle East supply.
Oil Prices Jump 4% on US Storm, Israel-Iran Fears
Oil prices jumped about 4% on Oct. 10 on a spike in U.S. fuel use before Hurricane Milton barreled across Florida, Middle East supply risks and signs that demand for energy could grow in the U.S. and China.
LNG Sector Under Fire as Activists’ Lawsuits Surge
ESG litigation is increasingly affecting the LNG industry while, more broadly, nearly 70% of climate-related cases are filed in the U.S.
Election-proof? Shale Likely Unaffected by Presidential Outcome
Under a Trump or Harris administration, shale producer’s focus on shareholder returns and market forces will likely influence E&Ps more than politics, Rystad Energy analysts say.
DNV: Emissions Fall, Solar Soars, Oil Demand Shrinks 35% by 2050
The Norwegian risk manager spotlights the good and not so good in its latest global energy transition outlook, including predictions that half of all vehicles sold worldwide by 2031 will be electric.
As Midstream Wobbles on IRA and ESG, a New Trend Opens Up for Sector
Enthusiasm for the Inflation Reduction Act (IRA) and ESG in the midstream sector is waning. Players are turning to a new trend—asset-backed securitization.
Sable Offshore Plans Restart of Subsea Pipeline After 2015 Shutdown
Sable Offshore Corp. says the permits needed to begin operations on the Santa Ynez line offshore California, which shut down due to an oil leak in 2015, are not yet in place.