Monday, January 6, 2025
New methane emission laws could transform U.S. energy sector- oil and gas 360

New methane emission laws could transform U.S. energy sector

Oil Price The U.S. Environmental Protection Agency (EPA) could introduce new emissions fees for the production of methane in oil and gas projects across the country if approved. This month, the EPA proposed a new rule to encourage clean energy deployment and decarbonisation, as well as to reduce methane emissions, aimed at some of the country’s biggest emitters. Some companies

Philippines to begin exploration activities in oil-rich sea amidst China tension with U.S. as defense ally- oil and gas 360

Philippines to begin exploration activities in oil-rich sea amidst China tension with U.S. as defense ally

World Oil (Bloomberg) – The Philippines is building defense alliances with the U.S. and other security partners to help pave the way for resource exploration in the oil-and-gas-rich South China Sea, the nation’s top defense official said, prompting a warning from Beijing. “I really do think it’s quite urgent that we start now,” Defense Secretary Gilberto Teodoro Jr. said in

Top oil and financial firms made $424 billion in windfall profits in two years- oil and gas 360

Top oil and financial firms made $424 billion in windfall profits in two years

Oil Price The biggest oil companies and the top financial institutions generated combined windfall profits of as much as $424 billion in the two years to June 2023, a report by ActionAid and Oxfam showed this week. ActionAid and Oxfam have looked at the 200 largest companies in the world by market capitalization to estimate their windfall profits, comparing the earnings in

Deep freeze across Texas, Louisiana disrupts U.S. LNG exports- oil and gas 360

Deep freeze across Texas, Louisiana disrupts U.S. LNG exports

World Oil (Bloomberg) – The recent freeze across Texas and Louisiana disrupted scheduled exports of U.S. liquefied natural gas (LNG), temporarily tightening some supply of the heating and power-plant fuel. The Cameron LNG export plant in Louisiana canceled at least one scheduled shipment, according to people familiar with the matter. Several other planned deliveries from Cameron and Cheniere Energy Inc.’s

Cowboy Clean Fuels announces significant funding award to support commercialization of technology and build out of initial project in Wyoming- oil and gas 360

Cowboy Clean Fuels announces significant funding award to support commercialization of technology and build out of initial project in Wyoming

Oil and Gas 360 The Wyoming Energy Authority has awarded CCF approximately $7.8 mm through the  Energy Matching Funds program  Machan Investments, CCF’s lead investor, has committed an additional $7.8 mm in equity capital to match and enable the funding award GILLETTE, Wyoming – January 17, 2024 – Cowboy Clean Fuels, LLC (“CCF,” “we,” “us,” “our,” or “the Company”), a

Oil prices rise on strong IEA and OPEC demand estimates- oil and gas 360

Oil prices rise on strong IEA and OPEC demand estimates

CNBC Oil prices rose on Thursday as the IEA joined producer group OPEC in forecasting relatively strong growth in global oil demand this year, with price impetus also coming from disruption to U.S. output and geopolitical risks in the Middle East. Brent crude futures gained 2 cents to $77.90 a barrel while U.S. West Texas Intermediate crude futures rose 22 cents, or