The market for Responsibly Sourced Gas (RSG) began picking up steam last year as an outgrowth of the ESG movement. Now, the train is on a roll. ...
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Last month, Japan paid a $5.7 billion tab for its October LNG imports—up 150.9% from the same period in 2021. The country’s LNG imports also increased in October by nearly 10% year over year to 5.08 million tons. ...
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For nearly four years, seven proposed offshore crude oil export terminals in the U.S. have struggled to gain regulatory approval to set project anchors in the deep waters of the Gulf of Mexico. ...
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Back in August, Okla. City-based Chesapeake announced plans to exit the oil-rich Eagle Ford, where the company in 2Q reported 610,000 net acres and 88 MBOED in production. ...
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Reese Energy Consulting today is studying the latest news from our meteoric rise in the World of LNG Exports that started in 2016, when the shale revolution gifted the U.S. with massive volumes of natural gas and voracious global appetites, not to mention a new domestic industry. Reese Energy Consulting is following the latest news on America’s race to build more large-scale LNG processing and export terminals, which take anywhere from three to five years and multi-billions to become operational. Seven have now been built with one shuttered since June for repairs and not expected to return online until next month, taking a bite out of nearly seven months of output and affecting world markets and prices. Another three large-scale plants are now under construction, two of which are slated for production in 2024, and the third a Cheniere expansion scheduled to go online in 2025. Sempra announced today plans...
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Reese Energy Consulting today is following the latest news on the Advanced Clean Energy Storage (ACES) project, which will build the world’s largest renewable energy reservoir 130 miles south of Salt Lake City. ...
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