Pietro D
Pitts
Hart Energy
Warmer-than-average US Temps to Pressure Gas Demand Side
Higher U.S. temperatures are expected to pressure gas demand for gas-fired electricity, according to a report from Rystad Energy.
Mexico Pacific Edging Saguaro LNG Toward FID to Move Permian Gas
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.
Exclusive Q&A: LNG Canada to Open Country Up to Asian, Global Markets
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.
TPH: LNG Agreements Start to Materialize, but Most Non-binding
Since the end of April, U.S. LNG export facilities have made agreements totaling 16 mtpa, or 72% of the year’s 22.5 mtpa in offtake agreements.
The Latest
Paisie: Oil Prices to Rise in Fourth Quarter
Weakness in crude markets is connected to struggling economies in the U.S., EU and China.
First-half 2024's US LNG Exports Rise 3%, DOE Says
U.S. LNG exports rose 3% in the first half of 2024 compared to the same six month period in 2023 and the top 10 countries importing U.S. LNG accounted for 67% of the North American country’s LNG exports in the first half of 2024, according to a recent report from the U.S. DOE.
US Drillers Add Oil, Gas Rigs for First Time in Four Weeks
The oil and gas rig count rose by one to 586 in the week to Oct. 11. Baker Hughes said the total count was still down 36 rigs or 6% from this time last year.
ONEOK’s EnLink/Medallion Deal is Market-wise, Financially Astute
In addition to bolstering its multi-basin network, ONEOK pulled off a $5.9 billion transaction while leaving its credit rating intact.
Utica Oil: EOG’s New Downspacing Test Came on With 1,108 bbl/d
EOG Resources’ five-well Shadow pad surfaced 72,022 bbl its first 13 days online.
RBAC: Environmental Pressures Undercutting the Global Gas Network
RBAC founder and energy economist Robert Brooks worries that environmental goals and pressures have taken a front seat at the expense of affordable energy access to countries such as Africa.
Kissler: How Long Will Geopolitical Unrest Support Crude Prices?
Slower global economic growth pulls prices in the opposite direction even as oil prices were up about 4% on Oct. 10 due to factors including risks to Middle East supply.
Cove Point LNG Poised for Restart After Maintenance
Cove Point LNG is set to come back online soon, Rystad Energy said Oct. 10, as natural gas futures rose 1% on forecasts for higher demand and the return of the facility to operational status.
Babcock & Wilcox Sell Italian, Swedish Businesses
Babcock & Wilcox Enterprises will focus on core business lines, including coal-to-natural gas conversions in the U.S., the company said.
Oil Prices Jump 4% on US Storm, Israel-Iran Fears
Oil prices jumped about 4% on Oct. 10 on a spike in U.S. fuel use before Hurricane Milton barreled across Florida, Middle East supply risks and signs that demand for energy could grow in the U.S. and China.