Category: Energy News Beat

Dow Jones Giant Home Depot Earnings, Same-Store Sales Fall Again, But Stock Rises

Energy News Beat Home Depot earnings and revenue fell less than expected in Q3, but same-store sales sank for a fourth straight quarter. The Dow Jones stock rose. The post Dow Jones Giant Home Depot Earnings, Same-Store Sales Fall Again, But Stock Rises appeared first on Investor’s Business Daily.  The post Dow Jones Giant Home […]

Dow Jones Giant Home Depot Earnings, Same-Store Sales Fall Again, But Stock Rises

Energy News Beat Home Depot earnings and revenue fell less than expected in Q3, but same-store sales sank for a fourth straight quarter. The Dow Jones stock rose. The post Dow Jones Giant Home Depot Earnings, Same-Store Sales Fall Again, But Stock Rises appeared first on Investor’s Business Daily.  The post Dow Jones Giant Home […]

Daily Energy Standup Episode #251 – China’s LNG Surge, US Sanctions Probe, and Anadarko Acquisition Unveiled

Energy News Beat Daily Standup Top Stories China LNG deals come at an environmental cost November 13, 2023 Mariel Alumit China’s LNG deal-making has been gaining momentum, even amid international calls to pull back on gas development due to greenhouse gas (GHG) emissions and methane leakage problems. Chinese gas importers have increased long-term LNG contracts with both Qatar and […] Top […]

Exclusive: US probes 30 ship managers for suspected Russia oil sanctions violations

Energy News Beat WASHINGTON, Nov 13 (Reuters) – The U.S. Treasury Department has sent notices to ship management companies requesting information about 100 vessels it suspects of violating Western sanctions on Russian oil, according to a source who has seen the documents. The notices, sent by the Office of Foreign Assets Control to ship management companies […]

Oil forecasters predict Saudi Arabia, Russia to extend 1 MMbpd production cut into 2024

Energy News Beat (Bloomberg) – As oil prices languish near a three-month low, forecasters are already predicting that Saudi Arabia won’t sit idle. The OPEC+ leader is likely to extend its 1 MMbpd production cut — introduced over the summer — into next year, according to analysts at UBS Group AG, FGE, Commerzbank AG and […]

Oil and gas industry jittery as EU nears deal on methane leakage

Energy News Beat Oil and gas producers warn the EU’s draft methane regulation will be impossible to implement in its current form as legislators near completion of draft new rules to crack down on methane leaks from fossil fuels. Methane can leak from fossil fuel infrastructure during extraction, transport, or storage, and it has more […]

Uptick in LNG demand in Asia, Europe insufficient to drive prices

Energy News Beat LAUNCESTON, Australia, Nov 13 (Reuters) – Rising demand for liquefied natural gas (LNG) in the top importing regions of Asia and Europe hasn’t been enough to spark an increase in spot prices, which continue to languish. The price of spot LNG for delivery to north Asia slipped to $16.50 per million British […]

China LNG deals come at an environmental cost

Energy News Beat China’s LNG deal-making has been gaining momentum, even amid international calls to pull back on gas development due to greenhouse gas (GHG) emissions and methane leakage problems. Chinese gas importers have increased long-term LNG contracts with both Qatar and the U.S., the world’s second and third largest LNG exporters, by nearly 50 percent since late 2022. […]

ENB # 151 Steve Reese How will we survie the energy crisis? You would be surprised.

Energy News Beat Steve Reese is the CEO of Reese Consulting and Reese Training and has significantly impacted the natural gas market for decades. He worked on over 5% of the United States’ natural gas market through his auditing, training classes, and consulting firm. We need training for the next generation, and his newest projects […]

Chevron working to resume full Gorgon LNG production after electrical incident

Energy News Beat Gorgon LNG (Image: Chevron Australia) Chevron’s unit in Australia is working to return to full production from its Gorgon LNG plant in Western Australia following an electrical incident affecting one of the plant’s three trains. The Gorgon LNG plant on Barrow Island has three trains and a production capacity of some 15.6 […]