Rising LNG Terminal Costs to Make New US Projects Less Competitive, Says Analyst
By HOUSTON, Dec 3 (Reuters) – Rising costs of building and equipping new U.S. liquefied natural gas plants will reduce the competitiveness of U.S. gas exports, LNG analysts at Poten…
Biden Unveils $600 Million in New Financing for African Railway to Boost Critical Minerals Infrastructure
President Joe Biden meets Lobito Atlantic Railway workers at the Port in Lobito, on Dec. 4.Photographer: Andrew Caballero-Reynolds/AFP/Getty Images President Joe Biden meets Lobito Atlantic Railway workers at the Port…
Meta Seeks Nuclear Power Developers for Reactors to Start in Early 2030s
By WASHINGTON, Dec 3 (Reuters) – Meta (META.O) said on Tuesday it is seeking proposals from nuclear power developers to help meet its artificial intelligence and environment goals, becoming the…
US Crude Oil Output Hit Record Last Week, EIA Data Shows
(Reuters) – U.S. crude oil production rose by 20,000 barrels per day (bpd) to a record 13.513 million barrels per day in the week ended Nov 29, data from the…
US Crude Stocks Fall, Fuel Inventories Rise, EIA Data Shows
(Reuters) – U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration (EIA) said on Wednesday. Crude inventories fell by 5.1 million barrels to…
US LNG Natural Gas Demand Nears Record Level
HOUSTON, Nov 29 (Reuters) – Gas demand from the U.S. largest liquefied natural gas producers soared on Friday to near-record levels on cooler weather and fewer outages, according to preliminary…
More U.S. LNG is Needed to Curb Asia’s Surging Coal Use – Study Finds
SINGAPORE–(BUSINESS WIRE)– Coal use and emissions from power generation in Asia will surge in coming decades unless there is significant new supply of U.S. liquefied natural gas (LNG), a new…
Oil Rises on Upbeat China Data, Shaky Israel-Lebanon Ceasefire
Summary Brent, WTI rise 1% China’s factory activity expands in November OPEC+ shifts oil policy meeting to Dec. 5 from Dec. 1 Dec 2 (Reuters) – Oil prices rose more…
Trump’s Low Oil Price Promise is a Risk and a Boon for Emerging Markets
Republican presidential nominee and former U.S. President Donald Trump looks on during a press conference at Trump Tower in New York City, U.S., September 6, 2024. REUTERS/David Dee Delgado/File Photo…
US Sets Tariffs for Solar Panels from Southeast Asian Nations
Summary Companies Malaysia, Cambodia, Vietnam, Thailand imports at issue Most solar panels installed in the US are made overseas Nov 29 (Reuters) – U.S. trade officials announced on Friday a…
