Utimco’s CEO on Energy Transition: ‘We’re Going in the Wrong Direction’
Britt Harris, Utimco CEO and an advisor to the New York Federal Reserve, addressed the “utopian” energy transition, said the Fed rate will probably go to 5% in March and said war with China could break out within the next 10 years.
Chevron, JERA to Collaborate on CCS, Potentially Extend LNG Ties
Chevron New Energies and Japan’s JERA sign an agreement outlining their carbon capture and storage projects in the U.S. and Australia.
Chesapeake LNG Deal Moves Its Haynesville Gas Closer to Global Price
In an LNG deal, up to 100 Bcf/year of the operator’s Haynesville production will be indexed to the Japan Korea Marker.
Oil Steady as Market Juggles Supply and Demand Fears
U.S. crude inventories could register their first decrease in 10 weeks.
Chevron CEO Mike Wirth on Structural Changes to Gas Markets, Permian ‘Challenges’
Speaking during the CERAWeek by S&P Global conference, Chevron Chairman and CEO Mike Wirth said Russia’s invasion of Ukraine will have long-lasting effects on global natural gas markets while labor, supplies remain challenging in the Permian.
India's Top Explorer ONGC Signs MoU with France's TotalEnergies
Oil and Natural Gas Corp. and TotalEnergies will evaluate exploration and development opportunities in deep water blocks under the memorandum of understanding.
Oil Steadies After Dipping on China Outlook; Investors Await Fed Clues
China's growth outlook is down from last year's target.
What's Affecting Oil Prices This Week? (March 6, 2023)
The dynamic between the global economy and oil demand growth versus the ability of OPEC+ to align supply with demand is predicted to stay consistent.
China Leans on Coal Amid Energy Security Push
China's state planner says coal 'supports' renewables expansion.
Energy Transition in Motion (Week of March 3, 2023): Advancing Projects, Investment
Here’s a look at some of this week’s renewable energy news, including a $1 billion investment by Canadian pipeline operator Enbridge to convert food waste into renewable natural gas.