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SCHACHTER'S EYE ON ENERGY: Large US Inventory Build And Weaker Consumption Pull WTI Down Over US$1/b On The Day. Read More: https://hubs.la/Q02VFsJQ0 Each week Josef Schachter gives you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 38 energy, energy service and pipeline & infrastructure companies with regular quarterly updates. We also hold quarterly webinars and provide Action BUY and SELL Alerts for paid subscribers. #energy #oilgas #oilprices #oildemand #financialmarkets Josef Schachter #energy #oilandgascompanies #financialmarkets #oilgas

Colombia’s energy conundrum Colombia’s energy sector faces dual crises: a growing gap between gas demand and production, and delays in energy projects that heighten the risk of blackouts reminiscent of the 1992 outage. As alarms sound for 2024, the urgency to address these issues intensifies. The country’s natural gas reserves have dwindled dramatically over the last 12 years, B. Proven reserves, measured as the ratio of reserves to production, dropped from 13.9 years in 2011 to just 6.1 years in 2023, Bloomberg en Linea reported. Meanwhile, gas demand is projected to grow by 2.4% annually, outpacing a declining production rate, which is expected to fall by 10% per year until 2029... #renewableenergy #renewablenergy #renewablepower #energyindustry #epowercolombia #energy

Lower U.S. gas prices caused a year-over-year drop in operating cash flow for producers in early 2024. This is a key takeaway from the U.S. Energy Information Administration's latest analysis built using Evaluate Energy data. 🔎 To read the analysis, click here: https://lnkd.in/eQYzEces 🖥 For more on Evaluate Energy's oil, gas and energy company performance data, click here: https://lnkd.in/gvDzvjcz #oilandgas #energy #analysis #spending #data #oilandgasprices

Lower U.S. gas prices caused a year-over-year drop in operating cash flow for producers in early 2024. This is a key takeaway from the U.S. Energy Information Administration's latest analysis built using Evaluate Energy data. 🔎 To read the analysis, click here: https://lnkd.in/eQYzEces 🖥 For more on Evaluate Energy's oil, gas and energy company performance data, click here: https://lnkd.in/gvDzvjcz #oilandgas #energy #analysis #spending #data #oilandgasprices

Global Perspective: Natural gas accounts for 24% of global energy consumption. Source: Statista.com Natural gas plays a vital role in meeting the world's growing energy demands. As a cleaner-burning and efficient fuel source, natural gas is poised to remain a key player in the global energy mix. #Axxela #NaturalGas 

The #energytransition is not possible without Gas. IQ managing Director Adam Head GAICD and Executive Director Jason Ward are looking forward to the Australian Energy Producers conference next week to hear what our clients have in the pipeline and to share ideas and strategies for even more success in the future. Catch up with Adam and Jason to discuss how Information Quality can help to facilitate your asset management, digital transformation and information management objectives

This year, natural gas is expected to provide around 42% of America's electricity, similar to last year, as total consumption is set to grow by 3% in 2024 and another 2% in 2025, per data from the U.S. Energy Information Administration (EIA).

Yesterday, our energy public affairs expert Steve Everley spoke at Hudson Institute’s Strategic Energy 2024 event, on a panel focused on energy security and America’s ongoing role in global energy supply, particularly in natural gas. Following the discussion, Steve reflected, “The question is not whether the world is going to use more natural gas. The global gas market is going to expand by 50% in the next five years. India alone is going to increase its LNG imports by 5% per year through 2050. The question is, who is going to meet that demand?”   Contact Steve for additional insights.   #Energy #EnergySupply #EnergySecurity #LNG

Natural gas will continue playing a critical role in Australia’s energy security in a net zero economy to 2050 and beyond, with the Australian Government’s Future Gas Strategy highlighting that continued investment in new gas supply is needed. The Strategy makes clear the importance of gas in the future energy mix, stating that “Under all credible net zero scenarios, natural gas is needed through to 2050 and beyond... Gas will be essential to the transition because our energy system needs gas to achieve net zero”. 🔗 Read our media release: https://lnkd.in/gVBJ8P8r #FutureGasStrategy

Super-cooling natural gas into a liquid form has made the energy source easier to transport worldwide, giving U.S. producers a viable source of long-term demand from Asia and Europe. Investors have an opportunity to boost the value of their portfolios from this key trend."Energy, including natural gas, has become a battleground topic in the United States heading into the election," said Michael Boyd, leader of the Energy Investing Authority group on Seeking Alpha. "Regardless of the political outcome, demand is set to soar through the rest of this decade, in large part driven by liquefied natural gas." Enbridge Nicor Gas Southern Company Woodside Energy LNG Canada https://lnkd.in/gVVfvXuG