War in Ukraine scrambles world oil markets, offers a spur to U.S. production Energize Weekly, March 30, 2022 The war in Ukraine is leading to a pinch in Russian oil – through operational problems and sanctions – that could lead to a restructuring of world oil markets and a boost to U.S. production. The International…
U.S. natural gas production and LNG exports projected to rise as foreign markets grow Energize Weekly, March 16, 2022 Natural gas production in the U.S. is poised to increase through 2050, spurred by exports – with a likely rise in shipments to Europe in the wake of the Russian invasion of Ukraine adding an additional…
Russian invasion of Ukraine and West’s economic sanctions roil global energy markets Energize Weekly, March 9, 2022 The Russian invasion of Ukraine and the broad sanctions by western nations in its wake are roiling energy markets from Europe to Asia and may lead to structural changes in regional and global energy markets, according to analysis…
Global methane emissions seriously under reported, IEA analysis finds Energize Weekly, March 2, 2022 Global energy sector methane emissions are an estimated 70 percent higher than the figures reported by countries to the United Nations, according to the International Energy Agency (IEA). Nations report emissions to the United Nations Framework Convention on Climate Change (UNFCCC),…
After two years of belt tightening, shale drillers’ capital budgets are set to rise in 2022 Energize Weekly, December 29, 2021 The shale oil sector’s recent financial recipe of generating cash flow and tamping down capital expenditures may change in 2022 as drilling budgets increase due to factors ranging from inflation to higher oil prices.…
U.S. set to become the world’s largest LNG exporter with Asia and Europe as its biggest customers Energize Weekly, December 15, 2021 The U.S. is poised to become the world’s largest liquified natural gas (LNG) exporter in 2022 with the addition of two new liquefaction units coming online along the Louisiana Gulf Coast, according to…
U.S. grid ready for winter, NERC says, New England and California may face fuel pinch Energize Weekly, December 1, 2021 Winter electricity-generating resources across the North American grid are forecast to be adequate, although weather and fuel access issues may create challenges for New England, California and parts of Canada. Those regions were highlighted by…
Climate-driven weather disasters threaten global energy infrastructure, IEA says Energize Weekly, October 20, 2021 Energy and infrastructure systems built over the last century are becoming more vulnerable to the ravages of climate change-driven extreme weather events, according to a series of reports. “Extreme weather events over the past year have highlighted the risks of unchecked…
World energy consumption to rise 50 percent by 2050 with fossil fuels still dominant, EIA says Energize Weekly, October 13, 2021 Global energy consumption is forecast to increase 50 percent over the next 30 years if no policies or new technologies are introduced to curb demand, according to the U.S. Energy Information Administration (EIA). The…
Oil and gas sector shows recovery in second quarter led by private companies, higher prices Energize Weekly, September 22, 2021 The U.S. onshore oil and gas industry saw the beginnings of a rebound in the second quarter of 2021 buoyed by strong commodity prices, strategic mergers, and increased efficiency, according to a market report by…
Oil industry mergers and acquisitions bounce back in the second quarter of 2021 Energize Weekly, July 21, 2021 Mergers and acquisitions among oil and gas producers rebounded in the second quarter of 2021 with more than 40 deals totaling $33 billion, with seven deals each worth more than $1 billion, according to industry consultant Enverus.…
Baker Hughes Tallies More Drilling Rigs July 10, 2021 The overall U.S. rotary rig count increased by four to 479 drilling units this week, Baker Hughes Co. (NYSE: BKR) reported Friday. Read more
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