High winds in Monday’s forecast; DTE prepares for possible outages
April 11, 2020
High winds in Monday’s forecast; DTE prepares for possible outages
Silver lining for Asian LNG market after oil price crash
April 11, 2020
Energy Voice Lower long-term LNG prices could encourage coal-to-gas switching in Northeast Asia, while Chinese LNG demand is also expected to expand this year, albeit at a slower rate, as China gets back to work. Asia Pacific gas demand was already under pressure as the coronavirus hit consumption in China and continued downside is likely as the world struggles to
Sempra Energy Receives All Required Governmental Authorizations For $3.59 Billion Divestiture Of Luz Del Sur In Peru
April 11, 2020
Sempra Energy (NYSE:SRE) announced today that it has received all required governmental authorizations for the sale of the company’s equity interests in its Peruvian businesses.
Offshore drillers will be living on the edge, Rystad analysis shows a combined revenue loss of an estimated $3 billion
April 11, 2020
Offshore Energy The Covid-19 epidemic and the ongoing oil price war have ravaged global energy markets during the last two months, and offshore drilling, in particular, is among the most affected industry segments, according to energy intelligence firm Rystad Energy. A Rystad Energy impact analysis estimates that drillers will see up to 10% of their contract volumes cancelled in 2020
Atomic Safety Board delays Seabrook Nuclear Plant decision
April 11, 2020
Global Nuclear News Oil and Gas 360 Publishers Note: A balanced energy generation plan is critical for the United States. This includes nuclear, fossil, and renewable. We must remain energy independent and reliable nuclear power has to play a component in the energy plan. The per/watt price to the consumer will be too high if only new renewable projects are
Commodities Corner: Here’s OPEC+’s plan to save the oil market
April 11, 2020
During a marathon webinar session that dragged on for hours on Thursday, OPEC and allied producers, collectively known as OPEC+, agreed to cut overall crude-oil production by 10 million barrels a day starting on May 1 through June 30 of this year. The reductions would then be eased to 8 million barrels per day from July 1 through Dec. 31,
