The US LNG industry’s aspirations to become a global leader are facing a significant challenge – a surge in labor costs driven by a skilled worker shortage and strong wage growth. This is squeezing project budgets and threatening to delay or even derail some LNG developments.
Victor Adetimilehin
Victor Adetimilehin
Victor Adetimilehin, widely known as Vic’Adex, is a celebrated global arts in medicine fellow and a staunch ambassador for religious tolerance. Beyond his institutional affiliations, Victor is an incredibly passionate and award-winning spoken word artiste, most notably recognized for his stirring poem, "men not gods." A fervent supporter of pan-Africanism, he actively champions and bolsters Nigerian creative hubs, fostering an environment of artistic growth and cultural exchange. Victor's dedication to the arts and peace advocacy positions him as a vital influencer in bridging cultural gaps.
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The EU has taken steps to lessen dependence on Russian gas, but an audit identifies weaknesses in its readiness for potential future gas supply disruptions, including a lack of focus on affordability.
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The U.S. is gearing up for a busy summer travel season with jet fuel production reaching its highest level since before the pandemic. Refineries are ramping up production to meet the anticipated surge in air travel as demand nears pre-pandemic levels. While jet fuel prices remain volatile and staffing shortages could cause some disruptions, the overall outlook for summer travel is positive.
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US unveils $850 million grant program to help small oil and gas producers reduce methane leaks. Initiative targets development of methane detection technologies and aims to curb potent greenhouse gas.
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Oil prices surged on Thursday, fueled by a surprise draw in US crude oil inventories and speculation of a potential interest rate cut by the Federal Reserve. However, geopolitical tensions in the Middle East continue to cast a shadow of uncertainty.
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Explore the implications of the UK Supreme Court’s decision to halt the expansion of oil wells near Gatwick Airport due to inadequate environmental impact assessments.
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In a significant development for Nigeria’s energy sector, the state-owned Nigerian National Petroleum Corporation (NNPC) announced a planned investment of $550 million with French energy giant TotalEnergies to develop a new gas processing facility in southern Rivers State. This project aims to address Nigeria’s challenges in harnessing its vast gas reserves and boost both exports and domestic supply.
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The French Senate recommends a strategic share in TotalEnergies to assert government control and guide the company’s alignment with national climate policies
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New rules unveiled by the Biden administration aim to enhance wages in the clean energy sector, ensuring they are competitive with traditional energy industries, thereby promoting economic growth and environmental sustainability.
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Amid escalating geopolitical tensions, oil prices surged due to concerns over potential disruptions in global oil supply chains, affecting market stability and price dynamics.