US LNG projects derailed by Biden's licensing pause
US liquefied natural gas export projects slated to begin operations later...
US liquefied natural gas export projects slated to begin operations later this decade are facing financing and construction hurdles due to the Biden administration's pause on new licenses, as policy uncertainty makes buyers hesitant to commit to new long-term contracts. The Energy Department has announced that it's working with the EU and other major LNG purchasing countries to develop a framework by next year for measuring and verifying greenhouse gas emissions associated with LNG exports.
Top energy leaders converge on Houston for CERAWeek
The annual CERAWeek energy conference kicks off today in Houston, where...
The annual CERAWeek energy conference kicks off today in Houston, where top oil ministers and leaders from companies such as Chevron, ExxonMobil, Petronas and BP will deliver their insights to an audience of over 7,200 attendees. The main topics of discussion will include energy security, global liquefied natural gas developments, US climate policies and the rise of geothermal energy.
The Fed meeting that wraps up on Wednesday could offer insight into when...
The Fed meeting that wraps up on Wednesday could offer insight into when interest rates may come down. There’s virtually no chance Chair Jerome Powell will lower rates this week, but he is expected to discuss whether two or three rate cuts are in store for the rest of the year. Meanwhile, the Bank of Japan could hike rates for the first time since 2007, which would bring an end to the world’s last remaining negative interest rate.
The Madness has arrived: It’s once again the season...
The Madness has arrived: It’s once again the season for people who don’t watch college basketball to suddenly find themselves screaming at their TVs because an unpaid 19-year-old missed a free throw. The NCAA men’s and women’s college basketball tournament brackets were announced on Sunday, signaling the start of a countrywide dip in worker productivity for the next week. The men’s tournament starts Tuesday; the women’s side gets going on Wednesday.
A volcano in southern Iceland erupted for the fourth time in three months, prompting an emergency declaration.
Robert F. Kennedy Jr. is reportedly close to naming a running mate for his independent presidential bid: Nicole Shanahan, an attorney, entrepreneur, and former wife of Google founder Sergey Brin.
New Hampshire voters are suing the perpetrators of the Joe Biden deepfake robocalls leading up to January’s presidential primary in the state, NBC reports.
Meta is being investigated by the FDA and prosecutors in Virginia for possible involvement with the sale of illicit drugs on the company’s social media platforms, per the WSJ.
Shigeichi Negishi, the inventor of the karaoke machine, died at age 100.
US drillers add most oil and gas rigs in a week since September
U.S. energy firms this week added the biggest number...
U.S. energy firms this week added the biggest number of oil and natural gas rigs in a week since September, with the oil rig count also rising to its highest in six months, energy services firm Baker Hughes said in its closely followed report on Friday.
The combined oil and gas rig count, an early indicator of future output, rose by seven to 629in the week to March 15. Despite this week's rig increase, Baker Hughes said the total count was still down 125 rigs or 16.6% below this time last year.
