EIA: Summer gas use for power to reach 2023 record
The Energy Information Administration expects US natural gas consumption...
The Energy Information Administration expects US natural gas consumption for electricity generation to average 44.7 Bcf/d this summer, on par with the record set last summer. US electricity generation is projected to grow by 3% this summer, driven by renewables.
Israel’s military has advanced into central Rafah, pushing deeper into the southern Gaza city despite international backlash
Israel has followed through with its offensive in Rafah despite concerns from close allies like the United...
Israel has followed through with its offensive in Rafah despite concerns from close allies like the United States over the safety of displaced Palestinians and other civilians sheltering there.
Permian gas infrastructure growth bodes well for oil
Rising natural gas processing...
Rising natural gas processing capacity and the upcoming startup of the 2.5-Bcf/d Matterhorn Express Pipeline are expected to stimulate crude oil production in the Permian Basin, say analysts. Regional gas processing capacity is on track to increase by over 2.8 Bcf/d this year and roughly 2.3 Bcf/d in 2025.
Advancing new geothermal frontiers a focus for Chevron
Partnerships, technological...
Partnerships, technological innovation and supportive policies are the key ingredients for advancing geothermal energy beyond 4 gigawatts in the US, Chevron New Energies Vice President of Carbon Capture, Utilization and Storage Chris Powers said in an interview. He detailed how Chevron was leveraging its oil and gas expertise and Energy Department funding to develop and scale novel geothermal technologies such as low-temperature hydrothermal, advanced closed loop, and enhanced geothermal systems.
Boeing told the FAA how it plans to improve safety. The...
Boeing told the FAA how it plans to improve safety. The airplane manufacturer endured the travel industry equivalent of getting sent to the principal’s office yesterday when it outlined its plan to regain the public’s trust in a three-hour meeting with federal regulators. Per the Federal Aviation Administration, Boeing executives pledged to enhance oversight, simplify processes, and improve employee training in response to the cavalcade of safety incidents that have garnered international headlines in recent months. The FAA will “actively monitor” Boeing’s progress with weekly review meetings.
Nelson Peltz made about $1 billion by selling his entire stake in Disney after losing his proxy battle against the entertainment giant.
Emirates added turbulence detection tools to its flights after two extreme incidents last week.
Amazon increased its stake in food delivery app Grubhub to 18% and will now allow US users to order takeout directly from the Amazon website and app.
The IRS is expanding its free TurboTax-alternative filing tool to all 50 states starting next year.
The French Open banned spectators from drinking alcohol in the stands because they have been way too annoying this year, tournament officials said.
