The Latest

Liquefied Natural Gas (LNG)

Total Presses Ahead with Papua LNG, Sees 2023 Investment Decision

The project had been delayed due to the pandemic.

May 5, 2021

Business

Energy Transition Could Be Delayed by High Metal Prices, Warns IEA

Production of critical minerals needed for clean energy technologies was much more concentrated than in the oil market, the IEA says.

May 5, 2021

Exploration & Production

Brazil’s Petrobras to Offer Gas Contracts Tied to US Henry Hub Benchmark

Petrobras will start offering contracts backed by the U.S. Henry Hub reference price, in addition to contracts indexed to the international Brent oil benchmark, the company said in a statement.

May 4, 2021

Crude Oil

What’s Affecting Oil Prices This Week? (May 3, 2021)

The oil price movement from the last week is somewhat reflective of the difference in the pace of economic recovery between the U.S., where the economy continues to show signs of a robust recovery, and the Eurozone, which has fallen back into recession, says Stratas Advisors in its latest forecast.

May 3, 2021

Liquefied Natural Gas (LNG)

Sources: LNG Cargoes Diverted from India Amid COVID Crisis

Weakened demand has led to six tankers being diverted to Asia, Europe and Kuwait.

May 3, 2021

Investment

Berkshire Hathaway Defends $8 Billion Proposal to Build Natural Gas Plants in Texas

Berkshire Hathaway in March proposed building 10 natural gas-powered plants that would supplement the capacity of the Electric Reliability Council of Texas (ERCOT), which provides electricity to most of the state.

May 3, 2021

Business

Oil and Gas Investor At Closing: The Hotly Contested Energy Future

The hottest debate in the energy world is not about how hot the globe is becoming; it is about the future of energy itself.

April 30, 2021

Private Equity

PE-backed 61C Global to Open Houston Office Following Recent Acquisitions

The acquisitions of Vega Energy Partners and WGL Midstream follow the sale of AltaGas’ U.S. transportation and storage business to an entity owned by 61C Global and Vega for roughly $275 million on April 23.

April 29, 2021

Liquefied Natural Gas (LNG)

Natural Gas Prospects Lose Steam as Renewables Gather Pace

A drop in green energy costs and tougher emissions targets take shine away from the natural gas industry’s ‘cleaner than coal’ pitch.

April 28, 2021

Exploration & Production

What’s Next for the Global Oil Market?

Energy experts at Rice University’s Baker Institute share insight on OPEC+, U.S. shale and global oil demand.

April 27, 2021