As part of an initiative dubbed "energy week," House Republicans have...
As part of an initiative dubbed "energy week," House Republicans have passed two bills to safeguard fracking from presidential intervention and to roll back fee increases for drilling on public lands. Yet, with Democratic dominance in the Senate and potential White House resistance, the bills are more of a symbolic gesture intended to outline the GOP's energy priorities ahead of the upcoming elections.
Freeport LNG is planning a debottlenecking project to increase its liquefied...
Freeport LNG is planning a debottlenecking project to increase its liquefied natural gas production by 10%, or 1.65 million short tons per year, following the completion of maintenance work on Trains 1 and 2 in early May, CEO Michael Smith revealed. The optimization project will increase Freeport's uncontracted supply available for spot-market trading to 3.3 million short tons per year and boost feed gas requirements to 2.5 Bcf/d, Smith said.
Williams' Louisiana Energy Gateway pipeline faces delays
Williams has postponed the completion of its 1.8-Bcf/d Louisiana Energy...
Williams has postponed the completion of its 1.8-Bcf/d Louisiana Energy Gateway natural gas pipeline in Louisiana and Texas from this year to the second half of 2025 due to a dispute with Energy Transfer, CEO Alan Armstrong has announced. The company is moving forward with construction after altering the pipeline's route to avoid the disputed area.
US certified gas market is still developing, execs say
MiQ CEO Georges Tijbosch hopes growing interest in certified liquefied...
MiQ CEO Georges Tijbosch hopes growing interest in certified liquefied natural gas cargoes from European and Asian buyers will ease the current oversupply in the US-certified natural gas market and boost near-zero premiums. EQT, for example, is not yet seeking a premium for its more than 4 Bcf/d of certified gas production, but William Jordan, the company's general counsel, says premiums are necessary in order to grow the market.
The Fed is sticking to the plan. Investors were worried...
The Fed is sticking to the plan. Investors were worried about what Jerome Powell might bring them yesterday, after several indicators that inflation isn’t quite as licked as the Fed hoped it was when it last made projections about rates. But they needn’t have been, because JPow and Co. stuck to the forecasts they laid out in December, predicting three rate cuts before the year is out. Powell shrugged off the recent data on sticky high prices, saying, “I think they haven’t really changed the overall story, which is that of inflation moving down gradually on a sometimes bumpy road toward 2%.”
The Los Angeles Dodgers fired Shohei Ohtani’s interpreter, accusing him of stealing millions from the baseball star.
Neuralink, Elon Musk’s brain implant company, posted a video on X of its first human user showing off what he can do with the device.
Private equity firm Apollo Global Management has offered $11 billion for Hollywood studio Paramount Pictures, though Paramount Global is reportedly also considering other takeover offers.
Boeing warned investors it’s looking at a big loss for Q1 as it struggles with the continued fallout from a door plug coming off a plane midflight in January.
Ireland’s Prime Minister, Leo Varadkar, unexpectedly said he will step down, calling his reasons for resigning “personal and political, but mainly political.”
The UK’s privacy watchdog is investigating reports that hospital staff tried to improperly access Kate Middleton’s hospital records, as rumors regarding the princess continue to swirl.
