When the expanded Trans Mountain pipeline came online earlier this year, some media reported U.S. refiners should start worrying about the supply of Canadian crude. With a bigger TMX, Canada could now export overseas. Yet now, with a pro-oil administration coming in, Canada’s top oil-producing province is looking south again.
Record U.S. natural gas production last year led to record volumes of ethane recovery at processing plants in the first half of 2024. However, recovery has recently fallen from all-time highs due to record-high levels of stocks.
This roadmap, addressed to President-Elect Donald Trump and the 119th Congress, outlines strategic actions to leverage U.S. energy resources and maintain its position as a global energy leader.
Economic history has shown that, as an economy develops, so does its service sector. This is certainly true for the United States, one of the most highly developed countries in the world and certainly a service economy.
This is because exports of U.S. natural gas generally displace coal, reducing global CO2 emissions. Even Germany, Europe’s largest manufacturer, is using lignite coal (rather than the less-polluting bituminous coal) to deal with shortages of renewables now that it has closed its nuclear power plants and Russian gas is no longer available.
Equinor has awarded a two-year contract to Northern Ocean for the deployment of its Deepsea Bollsta rig on the Norwegian continental shelf, the companies announced on Monday.
Under the agreement, the countries will form a working group to identify the measures required for gas exports to be viable and study the development of export infrastructure, primarily emphasising Argentina’s Vaca Muerta formation.
The International Renewable Energy Agency (IRENA) unveiled a new partnership model that can accelerate renewable energy deployment and foster green industrialisation in Central Asia. The partnership was launched by IRENA at the COP29 Energy Transition Investment Forum for Central Asia.
The Chief Executive of a UK oil and gas firm is being sued by a former company he headed for embezzling funds from sales from an Iranian petrochemicals company designated by the United States.
Chris Wright, Chief Executive of Liberty Energy, has been nominated to lead the Department of Energy in the Trump administration. Wright is a vocal critic of the energy transition as envisaged by most Western governments to date, instead calling for energy realism and prioritizing the supply security and affordability of energy rather than its emission […]