Tellurian Inc.’s proposed Driftwood LNG project in Louisiana took a major step forward on Jan. 18 as the U.S. federal energy regulator issued a final environmental report clearing the way for the company to seek a permit to build the export terminal.
Heavy losses in 2018 reinforce view that energy investments are unsafe.
U.S. oil production growth combined with a slowing global economy will put oil prices under downward pressure in 2019, challenging OPEC’s resolve to support the market with output cuts, the International Energy Agency said on Jan. 18.
The threat from electromagnetic pulses is real, the consequences are enormous and the solutions are available, experts say. Putting those solutions into effect is a huge challenge, however.
Refiners have scooped up the Heavy Louisiana Sweet (HLS) at higher prices than Light Louisiana Sweet (LLS), the U.S. coastal benchmark that last traded $7.15 over WTI, traders said.
Exxon Mobil, ConocoPhillips, Oxy, Pioneer Natural Resources and Shell are among the oil and gas firms that have joined the Permian Strategic Partnership.
Refined products are stockpiled following closure of fuel pipelines.
Commission also terminates nine other proceedings.
Clay Bretches joins Altus from Sendero Midstream and Anadarko.
Natural gas prices have surged forward since Jan. 13 in the biggest gain since November and Stratas Advisors expect cold weather to offer positive pressure to price activity for the week ahead.