Friday, November 22, 2024
McKinsey and Company warns on warming path- oil and gas 360

McKinsey and Company warns on warming path

(Oil & Gas 360) – According to McKinsey and Company’s 2024 Global Energy Perspective, released earlier this week, the world is failing to reach the CO2 reduction targets outlined in the Paris Agreement nine years ago.   The study examines the financial, policy, technological, and infrastructure progress on the “1.5 Degree Pathway,” which outlines steps to limit global warming to

Kimmeridge Texas Gas and Commonwealth LNG sign Natural Gas & LNG Heads of Terms with Glencore Ltd- oil and gas 360

Kimmeridge Texas Gas and Commonwealth LNG sign Natural Gas & LNG Heads of Terms with Glencore Ltd

Oil and Gas 360 Agreement accelerates KTG’s objective of becoming fully integrated provider of natural gas from wellhead to water Kimmeridge’s recent control investment in Commonwealth to support 9.5 mtpa LNG export facility in Louisiana through FID in 1H 2025 HOUSTON and NEW YORK, Sept. 19, 2024 /PRNewswire/ — Kimmeridge Texas Gas (“KTG”) and Commonwealth LNG (“Commonwealth”) have entered into a Heads of Terms agreement with

Citi: Oil market deficit will support Brent prices in Q4- oil and gas 360

Citi: Oil market deficit will support Brent prices in Q4

Oil Price Wall Street analysts at Citi have predicted that a deficit in the oil markets driven by OPEC’s recent decision to delay tapering in oil production cuts as well as the ongoing suspension of Libyan oil exports will temporarily offer support for Brent prices in the $70-$75/barrel range in Q4 2024, as reported by Reuters. However, Citi has warned of “renewed price

Gastech 2024: Kent commits to U.S. market with significant expansion in Houston, Texas- oil and gas 360

Gastech 2024: Kent commits to U.S. market with significant expansion in Houston, Texas

World Oil (WO) – Kent is strengthening its presence in Houston, Texas, with significant strategic investments aimed at expanding its operations and capabilities in the region. Building on its 66-year legacy in the Americas, the company is doubling down on its commitment to the U.S. market as a central hub for its global operations. In the first half of 2024

Tony Robbins touts two hundred million for…coal! - oil and gas 360

Tony Robbins touts two hundred million for…coal!

(Oil & Gas 360) – Tony Robbins has applied his prodigious power of positive thinking to possibly resuscitate old coal plants with their coal while eliminating emissions. The technology purportedly converts coal into hydrogen, powering old coal-fired plants. The scientist luring Robbins to invest $200 million into the premise is Simon Hodson, whose prior work with coal titan Consol Energy

Saudi Arabia’s crude oil exports in July hit almost one-year low- oil and gas 360

Saudi Arabia’s crude oil exports in July hit almost one-year low

BOE Report Saudi Arabia’s crude oil exports in July fell to their lowest level in nearly a year, data from the Joint Organizations Data Initiative (JODI) showed on Thursday. The country’s oil exports stood at 5.741 million barrels per day (bpd) in July, their lowest level since August 2023. Saudi Arabia is world’s largest exporter of crude. OPEC+ oil producers