Amid Climate Scaremongering, Energy Execs Urge Engagement, Realism

From shale boom to net zero goals, industry experts grappled with the contradictions facing the energy industry during SPE’s Hydraulic Fracturing Technology Conference.

Biden Totters the US LNG Line Between Environment, Energy Security

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.

Romito: Time to Evaluate Carbon Price

The industry must evaluate its price of carbon to prepare for the impact of a possible border tax.

Texas LNG Export Terminal Completes Required Permitting for FID

Glenfarne expects the Texas LNG project’s commercialization to be completed in the first half of 2024.

Biden Administration Hits the Brake on New LNG Export Projects

As climate activists declare a win, the Department of Energy secretary says the pause is needed to update current policy. 

Vitol: Oil Demand Peaks in 2030s, Saudis to Quit Supply Cut This Year

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.

Kissler: Red Sea Conflict Could Trigger Oil Shortage

Escalating tensions in the Red Sea heighten the potential for shipment disruptions and major impact on energy markets.

A Year of Probable Improvement: The Energy Transition in 2024

The year ahead could include more technology stacking, commercialization of geothermal technologies and improved economic conditions, analysts say.

FERC: Closure of LNG Import Plant Threatens New England’s Grid

Despite record U.S. natural gas production, parts of the U.S., including New England, face difficulties finding adequate supplies for power generation.

Ecoanalítica: Venezuelan Oil Production, Economy to Grow in 2024

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.