Friday, January 31, 2025
America's liquefied natural gas boom has a climate change problem, according to a report released on Monday. Oil & Gas 360

America’s LNG Boom on a Collision Course with Global Climate Movement

From CNN Business/NBC2 America’s liquefied natural gas boom has a climate change problem, according to a report released on Monday. The US energy industry is scrambling to build dozens of expensive export terminals that can be used to ship cheap natural gas to China and other fast-growing economies that want to move away from coal. While those investments make sense today, they will

Saudis Dig in for U.S. Shale Battle in Wake of Extended Cuts - Oil & Gas 360

Saudis Dig in for U.S. Shale Battle in Wake of Extended Cuts

From Bloomberg/Houston Chronicle Saudi Arabia, OPEC’s dominant producer, will keep doing the heavy lifting as the cartel and its allies were all but forced to extend their effort to counter the U.S. shale boom into a fourth year. In a meeting on Tuesday, the Organization of Petroleum Exporting Countries and 10 non-members including Russia rubber stamped the cartel’s earlier decision

U.S. Judge Tosses Climate Lawsuits by California Cities, but Says Science is Sound

U.S. Judge Tosses Climate Lawsuits by California Cities, but Says Science is Sound

From E&E News A federal court judge yesterday threw out lawsuits from two California cities seeking to make oil companies pay for worsening sea-level rise and other climate change impacts. Judge William Alsup of the U.S. District Court for the Northern District of California granted the request from five oil companies seeking dismissal of the cases brought by San Francisco