Recognition gained through gas certification verified by third-party auditors has led natural gas producers and midstream companies to voluntarily comply and often exceed compliance with regulatory requirements, including the EPA methane rule.
Venture Global plans to deliver the vessels, which are currently under construction in South Korea, starting later this year.
By keeping its voluntary production cuts, OPEC+ is sending a clear signal that oil prices need to be sustainable for both producers and consumers.
On average, Stratas Advisors predicts that supply will be at a deficit of 840,000 bbl/d during 2024.
The collaboration between Emeren Group and Glennmont Partners marks a strategic move to enhance renewable energy storage capacity in the region.
Increased geopolitical risk and the shift from fossil fuels to renewables are pulling the world in different directions, and the U.S. will be called to play a significant role in the global tug of war.
Only by expanding U.S. LNG output can we provide the certainty that customers require to build new gas power plants, says Ed Hirs.
In the near term, the pause on new non-FTA approvals could lift some pressure of an already strained supply chain, lower both equipment and labor expenses and ease some cost inflation.
Here’s a roundup of the latest E&P headlines, including a new bid round offshore Bangladesh and new contract awards.
Stratas Advisors expects oil prices to move higher in the middle of the year, but for the upcoming week, there is no impetus for prices to raise.