Post Tagged with: "America"

Source: Reuters

America’s LNG boom has grown too big too fast

Oil Price


Last year, the United States leapfrogged Qatar and Australia to become the world’s largest exporter of liquefied natural gas. This was made possible thanks to the surge in LNG demand from Europe as it urgently sought an alternative …

Source: CNBC

Why America’s outdated energy grid is a climate problem

CNBC


The network of transmission lines that carry electricity across the U.S. is old and not set up to meet the anticipated demand for clean energy sources like wind and solar.

 

Currently, electricity generation results in 32% of carbon

Source: Mining.com

America’s new nuclear power industry has a Russian problem

Mining.com


U.S. firms developing a new generation of small nuclear power plants to help cut carbon emissions have a big problem: only one company sells the fuel they need, and it’s Russian.

 

 

That’s why the U.S. government is …

October 20, 2022 - 10:30 am Energy News, Nuclear
Source: Reuters

Jamie Dimon says oil and gas is the only way to protect America

Oil Price


Three days after Jamie Dimon sparked a marketwide selloff which sent stocks to fresh 2022 lows after he predicted a US recession in “6 to 9” months, citing drivers including rising interest rates, persistent inflation and Russia’s invasion …

October 14, 2022 - 3:30 pm Closing Bell Story‎, Crude Oil News, Energy News, Finance, People
Source: Reuters

Failing to invest in oil and gas would be the “Road to hell for America”

Oil Price


Cutting off investments in fossil fuels would be the road to hell for the United States. This is what JP Morgan’s chief executive Jamie Dimon said during a congressional hearing on a range of topics.

 

“Please answer …

What Energy Security Looks Like: 90% of Natural Gas Used in U.S. Is Produced Domestically

What Energy Security Looks Like: 90% of Natural Gas Used in U.S. Is Produced Domestically

By Tyler Losier, Energy Reporter, Oil & Gas 360


The United States has been a net exporter of natural gas since 2017

In the United States, natural gas is one of the most prevalent sources of energy, and according to

API Names New President and CEO

API Names New President and CEO

Mike Sommers will be the new president and CEO of the American Petroleum Institute, following an election this afternoon by API’s board. Sommers brings two decades of political experience to API, including his current role as president and CEO of …

Canada Needs Higher Takeaway Capacity and Lower Oil Price Differential

Canada Needs Higher Takeaway Capacity and Lower Oil Price Differential

Canada is hurting for takeaway capacity—the industry needs pipelines to take its oil and gas production to market, or more locomotive hauling capacity—or both.

Cenovus Energy Inc. (ticker: CVE) said it has reduced production rates due to pipeline constraints and …

Liquefied Natural Gas Plant, Australia

U.S. Crude Oil, NatGas Exports Both Hit New Highs

U.S. crude oil exports grew to an average of 1.1 MMBOPD in 2017, the EIA said, which is the second full year since restrictions on crude oil exports were removed. Crude oil exports in 2017 were nearly double the level …

U.S. Rig Count Climbs by 1 to 931

U.S. Rig Count Climbs by 1 to 931

U.S. rig count is up by one from last week, to 931, according to Baker Hughes’ latest rig count data.

One land rig was added. Overall, the change from last year has been a positive gain of 278 rigs from …

December 27, 2017 - 5:31 pm Closing Bell Story‎, Oil and Gas 360 Articles