Israel Says Gas Exports to Egypt, Jordan Rose 25% in 2023

Israel said on Feb. 26 that gas supplies to Egypt and Jordan rose by about 25% in 2023. 

US Expected to Supply 30% of LNG Demand by 2030

Shell expects the U.S. to meet around 30% of total global LNG demand by 2030, although reliance on four key basins could create midstream constraints, the energy giant revealed in its “Shell LNG Outlook 2024.”

Green Swan Seeks US Financing for Global Decarbonization Projects

Green Swan, an investment platform seeking to provide capital to countries signed on to the Paris Agreement, is courting U.S. investors to fund decarbonization projects in countries including Iran and Venezuela, its executives told Hart Energy.

Total CEO: US LNG Shaky, Global Projects Brought into Spotlight

U.S. President Joe Biden’s decision to pause approvals for new U.S. LNG projects benefits similar projects around the world and casts doubt around U.S. supply, TotalEnergies’  Pouyanné told analysts during the company’s quarterly webcast.

Oil Dips as Demand Outlook Remains Uncertain

Oil prices fell on Feb. 20 with an uncertain outlook for global demand knocking value off crude futures contracts.

BP Pursues ‘25-by-‘25’ Target to Amp Up LNG Production

BP wants to boost its LNG portfolio to 25 mtpa by 2025 under a plan dubbed “25-by-25,” upping its portfolio by 9% compared to 2023, CEO Murray Auchincloss said during the company’s webcast with analysts.

ConocoPhillips CEO Ryan Lance Calls LNG Pause ‘Shortsighted’

ConocoPhillips chairman and CEO Ryan Lance called U.S. President Joe Biden’s recent decision to pause new applications for the export of American LNG “shortsighted in the short-term.”

Tinker Associates CEO on Why US Won’t Lead on Oil, Gas

The U.S. will not lead crude oil and natural gas production as the shale curve flattens, Tinker Energy Associates CEO Scott Tinker told Hart Energy on the sidelines of NAPE in Houston.

Kissler: The Challenge for Oil is Falling Demand, Despite Heightened Middle East Conflicts

Even though demand is the bigger weight on traders’ minds right now, Red Sea attacks and the U.S.’ “shadow war” with Iran still have the potential to impact the global oil supply, and consequently, prices.

Vietnam Seeks Delicate Balance Among US, China, Russia

Ongoing U.S. tensions with China and Russia offer Vietnam an opportunity to boost economic ties with the former if American investors can steer past geopolitical smokescreens and destine funds for infrastructure, power and LNG projects all somewhat tied to Vietnam’s manufacturing sector.