From shale boom to net zero goals, industry experts grappled with the contradictions facing the energy industry during SPE’s Hydraulic Fracturing Technology Conference.
Recent moves by U.S. President Joe Biden targeting the country’s LNG industry, which has a number of projects in the works, are an attempt to satisfy environmentalists ahead of the next upcoming presidential election.
The industry must evaluate its price of carbon to prepare for the impact of a possible border tax.
Glenfarne expects the Texas LNG project’s commercialization to be completed in the first half of 2024.
As climate activists declare a win, the Department of Energy secretary says the pause is needed to update current policy.
Vitol executive Ben Marshall told oil and gas producers at IPAA’s Private Capital Conference that Saudi Arabia is losing patience. Also, the energy transition will take longer than expected.
Escalating tensions in the Red Sea heighten the potential for shipment disruptions and major impact on energy markets.
The year ahead could include more technology stacking, commercialization of geothermal technologies and improved economic conditions, analysts say.
Despite record U.S. natural gas production, parts of the U.S., including New England, face difficulties finding adequate supplies for power generation.
Venezuelan consultancy Ecoanalítica expects the OPEC country’s oil production and economy to grow in 2024—aided primarily by a recent license granted to the benefit of oil and gas companies by the U.S. government.