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Regulatory

MARAD Requests Updated Application for Delfin LNG Offshore Export Project

The U.S. Maritime Administration (MARAD) has ordered Delfin LNG LLC to submit an updated application to build and operate its proposed export project in the Gulf of Mexico. Seven years after the agency granted Delfin a record of decision (ROD) for the more than 13 million metric tons/year (mmty) capacity project offshore Louisiana, MARAD staff…

April 23, 2024

Energy Transition

Natural Gas Generation Dominates in PJM as Emissions Fall to Record Lows

PJM Interconnection, the largest U.S. regional transmission organization (RTO), recorded all-time lows for various greenhouse gas emissions last year while natural gas-fired generation continued to grow as the Mid-Atlantic region's primary power source.  PJM, the RTO managing the electric grid for 13 Mid-Atlantic states and Washington, DC, said carbon dioxide (CO2) emissions in 2023 tumbled…

April 23, 2024

Earnings

SLB's Strong International Oil, Natural Gas Business Overcomes Softer North American Activity

SLB Ltd., the world's leading oilfield services operator, is forecasting "softness" to continue across North America's oil and gas basins, but offshore activity is ticking higher.  CEO Olivier Le Peuch held a conference call on Friday to discuss first quarter performance. Because the business reaches into every onshore and offshore area of the globe, SLB…

April 22, 2024

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