The Port of Corpus Christi, the U.S.’ largest energy export gateway, moved a record 53 million tons in the third-quarter 2024, driven by increases in crude oil and dry bulk movements.
Higher U.S. temperatures are expected to pressure gas demand for gas-fired electricity, according to a report from Rystad Energy.
Mexico Pacific CEO Sarah Bairstow shared her thoughts with Hart Energy on the outlook for the Saguaro Energía LNG project as it marches forward with plans to be the Permian’s relief valve on associated gas buildup.
The start-up of LNG Canada in mid-2025 will give its five joint venture partners access to liquefaction and international trade, which wasn’t a possibility from Canada before, an LNG Canada vice president told Hart Energy.
Adding new-well inventory going forward will require “exploration or other creative measures,” said Nick O’Grady, whose Northern Oil and Gas holds interests in 10,000 Lower 48 wells.
New Fortress Energy Inc. has appointed Andrew Dete, managing director, to the role of president.
Shell already had a market agreement with RISEC Holdings for all of the electricity the 609-MW Rhode Island plant produced.
The operator holds 8,900 net Haynesville Shale acres and 14,800 net Cotton Valley acres in northwestern Louisiana, all HBP, that it would drill if gas prices stabilize—or divest for the right price.
Diversified Energy will supply 40 Bcf to an unnamed Gulf Coast LNG facility over a three-year period.
The ramifications of another questionable election in Venezuela comes as Chevron’s quest to recoup debts continues. And Washington’s likely next steps will include more of the same: sanctions.
NextEra Energy’s CEO is considering restarting the Duane Arnold nuclear plant as electricity needs, particularly from data centers, are growing.
KKR will buy nearly a quarter of Eni’s Enilive, which values the biofuels unit at about $12.7 billion.
Deals will take a while, however, as these multi-gigawatt agreements are also multi-decade investments, said Range Resources CFO Mark Scucci.
Mexico Pacific is working with MUFG, Santander and JP Morgan to arrange the financing needed to support FID and the anchor phase of Saguaro Energía LNG.