A new report finds that global financial institutions have continued to invest in oil, gas, and coal at elevated levels since the Paris Agreement, despite calls to accelerate the energy transition.
At an energy conference in Vancouver, industry leaders agonised over the slow progress in building Canadian LNG export terminals.
At an energy conference in Vancouver, a Woodfibre LNG official said construction has advanced on the controversial gas project in British Columbia.
A major buildout of LNG export terminals on Canada’s Pacific Coast rests on assumptions of long-term demand growth in Asia. But those forecasts are highly uncertain, two different reports warn.
Analysts say that potential investments from Saudi Aramco and ADNOC in U.S. LNG could propel projects forward. Meanwhile, in Houston, gas executives voiced confidence in the trajectory of their industry at CERAWeek.
Researchers recorded nearly 1 million measurements across major U.S. oil and gas production sites, and found methane emissions far higher than U.S. EPA data suggests.
U.S. gas prices plunged below $2/MMBtu this winter, largely because of warm weather. Gas companies unable to turn a profit are slashing drilling plans.
U.S. gas prices have crashed as a result of an unusually warm winter. Government data expects conditions of oversupply to continue through next year.
A Canadian LNG project in northern British Columbia has agreed to a 20-year purchase agreement with Shell.
The U.S. region powered the shale gas boom for over a decade. But pipeline constraints mean that production growth of Appalachian gas is stalling out.