Thursday, January 9, 2025

Libya Oil Chief Warns Oil Output to Drop Every Day

From Bloomberg Libya’s oil output will keep dropping day by day if major ports remain closed after clashes last month led to a political deadlock, the head of the country’s state energy producer said. “Today, production is 527,000 barrels a day, tomorrow it will be lower, and after tomorrow it will be even lower and everyday it will keep falling,”

Shell Ramps Up Activity in Kitimat, Raising Canada’s US$30 Billion LNG Hopes

From Bloomberg/Calgary Herald VANCOUVER – July 9 – A flurry of activity in a remote Canadian town is raising optimism that Royal Dutch Shell Plc and its partners are ready to go ahead with the nation’s largest infrastructure project: a C$40 billion (US$30 billion) liquefied natural gas terminal that could at last unlock Canadian energy exports to Asia. The action