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.
A Norwegian-owned vessel was attacked in the Red Sea on Dec. 18, causing shipping firms to avoid the route.
The Red Sea attacks have begun to affect energy shipments, with BP temporarily pausing all transits through the Red Sea and oil tanker group Frontline avoiding passages through the waterway.