The Latest

Natural Gas

Report Claims Appalachia Outweighs Permian Basin as Top Methane Emitting Region

While the methane footprint of the Appalachian Basin was found to be larger than that of the Permian in absolute terms, the methane intensity of gas production in Appalachia was lower, says data analytics firm Kayrros.

April 22, 2021

Crude Oil

Oil Demand Set to Peak by 2026 in Updated Forecast

Rystad Energy is downgrading its peak oil demand forecast citing rapid growth in the electric vehicle market being driven by the ongoing energy transition push.

April 22, 2021

Liquefied Natural Gas (LNG)

NextDecade to Certify Natural Gas Emissions for Texas Rio Grande LNG

Project Canary, which has recently launched responsibly sourced natural gas pilot projects with shale giants EQT and Chesapeake Energy, will certify emissions from the gas wellhead to Rio Grande for U.S. LNG developer NextDecade.

April 21, 2021

Exploration & Production

Summer Outlook Appears Favorable for US Natgas Production, LNG Exports

A myriad of potential risks to production, however, are at play, according to analysts.

April 21, 2021

Public Capital

Shale Gas Producer EQT Backs Biden’s Methane Crackdown

Cutting emissions, EQT CEO Toby Rice says, is “going to be key to allowing natural gas to continue to play a leading role in our energy transition.”

April 21, 2021

Crude Oil

US House Panel Advances Bill to Allow Anti-trust Suits Against OPEC

The so-called NOPEC bill, introduced by Representative Steve Chabot, would allow the U.S. Justice Department to bring anti-trust lawsuits against oil-producing countries in OPEC.

April 20, 2021

Markets

IEA Issues ‘Dire Warning’ on Emissions Driven by Resurgence in Coal

This year’s projected nearly 5% rise in global CO₂ emissions—the largest single increase in more than a decade—will likely be driven by a resurgence in coal use in the power sector, IEA Executive Director Fatih Birol says.

April 20, 2021

Crude Oil

Libya’s NOC Declares Force Majeure on Hariga Port

Subsidiary that runs the terminal had suspended output.

April 20, 2021

Crude Oil

What’s Affecting Oil Prices This Week? (April 19, 2021)

The recovery of the global economy appears to be well on its way, however, the recent set of geopolitical developments highlights that there are always risks associated with the oil markets, says Stratas Advisors in its latest oil price forecast.

April 19, 2021

Business

Aruba Aims to Sign Deal with Houston-based Eagle LNG Partners

The deal would allow Eagle LNG Partners to supply Aruba’s power company with natural gas, replacing high-sulfur fuel oil as the country’s main fuel for generation.

April 19, 2021