Tuesday, January 28, 2025
US Supreme Court declines to pause EPA mercury, methane rules- oil and gas 360

US Supreme Court declines to pause EPA mercury, methane rules

(CNBC) – Washington — The Supreme Court on Friday allowed the Environmental Protection Agency to continue enforcing for now a new rule that set more stringent standards on emissions of mercury and other toxic metals from coal-fired power plants. The court declined a request for emergency relief sought by nearly a dozen states and the energy sector, which had argued the EPA’s new standards

Iran’s oil tankers flee biggest export terminal fearing Israeli attack- oil and gas 360

Iran’s oil tankers flee biggest export terminal fearing Israeli attack

(Oil Price) – Iranian oil tankers have moved away from Kharg Island, Iran’s biggest oil export terminal, amid fears of an imminent Israeli attack on the most important crude export infrastructure in Iran. Satellite images and tanker tracking companies have detected the major exodus of Iranian tankers away from Kharg Island, which handles about 90% of Iran’s all oil exports,

Houston-based offshore driller Helix Energy Solutions evaluates potential sale amid market interest- oil and gas 360

Houston-based offshore driller Helix Energy Solutions evaluates potential sale amid market interest

(World Oil) – Helix Energy Solutions Group Inc. is exploring strategic options, including a potential sale, people familiar with the matter said. The Houston-based offshore drilling services provider is working with advisers to gauge interest from potential buyers, according to the people, who asked not to be identified discussing confidential information. Shares in Helix rose as much as 10.4% on Thursday.

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count had an increase of 1 this week, at 586

This week’s Baker Hughes Rig Count shows that U.S. had an increase of 1 over last week, resulting in a total count of 586 rigs. Canada had a decrease of 4 over last week, resulting in a total Canadian count of 219 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Ardmore Woodford,  the Cana Woodford, and

Natural gas demand from European industry is set to drop again- oil and gas 360

Natural gas demand from European industry is set to drop again

(Oil Price) – Despite a slight uptick in industrial consumption of natural gas this year, Europe’s heavy industry is likely to return to curtailing gas use next year amid a tighter gas market and higher prices, analysts and industry officials have told Bloomberg. Since the 2022 energy crisis, European industry has been squeezed amid sky-high energy costs and weak industrial demand in weakening economies.

Latin America gears up for clean hydrogen boom but the road is not smooth- oil and gas 360

Latin America gears up for clean hydrogen boom but the road is not smooth

(Yahoo Finance) – BOGOTA/MONTEVIDEO/RIO DE JANEIRO, (Reuters)- Latin America’s wealth of hydroelectricity and other renewable energy resources could make the region a major producer of clean hydrogen as the world seeks alternatives to fossil fuels to fight the climate crisis, but some big hurdles lie in the way. Government leaders expect a major boon for the region from clean hydrogen, also