FERC Says 32 Bcf/d in US LNG Capacity Approved, Not Yet Built
The FERC—which has jurisdiction over the siting, construction and operation of LNG export facilities in the U.S.—reported that 18 projects worth 32 Bcf/d of export capacity have obtained approval but are yet to be built.
Oil Settles at Highest in Nearly 8 Weeks on Strong Economic Growth
Oil prices settled at their highest in nearly two months on Jan. 26 as positive U.S. economic growth and signs of Chinese stimulus boosted demand expectations.
Rystad Sees Little Support for Henry Hub in Coming Weeks
Rystad Energy sees little support for Henry Hub prices in the U.S. as dry gas production rises after the Jan. 17 Arctic freeze that impacted all of the Lower 48 states.
EDP Renewables’ Sharp Hills Wind Farm Commences Operations
The Sharp Hills Wind Farm in Alberta, Canada, is EDP Renewables’ largest single-phase wind farm development in North America.
SolarEdge to Restructure, Reduce Workforce
SolarEdge’s plans to restructure the company and cut 16% of its global workforce are in response to “current market dynamics.”
Mexico’s New Dos Bocas Refinery to Start Operations in February
Mexico’s President Andrés Manuel López Obrador said the country’s new Dos Bocas refinery, known as Olmeca, will commence operations in February 2024.
Covia Holdings to Separate Energy, Industrial Businesses
Covia Energy will be a leading pure-play sand company serving the energy industry, providing proppant and logistical solutions to E&Ps and oilfield service companies in major basins across North America.
West: Oil Service Industry 2024: A Tale of Two Markets
North America's oil service industry will decline while the international and offshore markets will drive growth.
Occidental: Parts of DAC Ready to Scale
A major challenge facing Occidental and other direct air capture ventures is whether the process can be made cost-competitive.
Ksi Lisims LNG Signs Shell in First Offtake Agreement
Under a sale and purchase agreement, Shell will purchase 2 million tonnes of LNG per year from the proposed Canadian project.