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New Zealand's gas supply is reducing faster and sooner than previously forecast, new reports from experts warn. As of January 1, 2025, natural gas reserves have reduced 27 percent compared to last year, the Ministry of Business, Innovation and Employment (MBIE) said. Energy Resources Aotearoa CEO John Carnegie says there's reason to be concerned. "Put simply, with the rapidly reducing gas supply, our gas reserves are at historic low levels. New Zealand is facing higher energy prices, increased reliance on imported coal, uncertainty for industrial users." LISTEN ABOVESee omnystudio.com/listener for privacy information.
In this episode of NGI's Hub & Flow, NGI Markets Editor Kevin Dobbs talks with Paragon Global Markets LLC's Steve Blair, managing director of institutional energy sales. The two discuss the summer ahead in natural gas markets, with a special focus on the densely populated and heavy gas-consuming Northeast. Blair and Dobbs address relatively modest gas production and lingering storage deficits in the East as well as domestic weather demand expectations for the summer ahead and beyond. Wildcards up for discussion include the ongoing buildout of the U.S. export complex and the Trump administration's on-again, off-again tariffs on imports from Canada and Mexico.
An oil and gas lobby group is celebrating the Government's 200 million dollars for gas fields. Resource Minister Shane Jones announced the money would be used to co-invest with developers to start new fields. Energy Resource Aotearoa Chief Executive John Caregie told Mike Hosking it's a positive signal to the sector. He says it will tilt the economic signals from negative to neutral. LISTEN ABOVESee omnystudio.com/listener for privacy information.
Experts have raised concerns after natural gas production took a nosedive. It fell 20 percent in the first quarter compared to the same time last year, to 22.85 petajoules. Industry spokespeople say available gas is depleting - and they can't harness new fields because of the 2018 ban on exploration. Energy Resources Aotearoa CEO John Carnegie joined the Afternoons team to discuss. LISTEN ABOVESee omnystudio.com/listener for privacy information.
In this episode of the Oil Ground Up podcast, Dr. Robert E. Brooks discusses the evolution of the LNG market, the role of RBAC in energy modeling, and the current dynamics of global energy supply, particularly focusing on the relationship between the U.S. and China regarding LNG exports. Dr. Brooks highlights the significant changes in the LNG industry over the years, the impact of geopolitical factors, and the future outlook for LNG contracts amidst evolving market conditions. In this conversation, Robert E Brooks discusses the complexities of global shipping routes, particularly focusing on the Panama Canal and the Red Sea, and their implications for natural gas shipments. He provides insights into the current state of natural gas supply and demand, forecasting trends, and the impact of data centers on energy consumption. Brooks also addresses the risks and opportunities within the natural gas market, including geopolitical factors stemming from the Russia-Ukraine conflict and the evolving landscape of energy production and consumption in Europe.
Stephen Grootes speaks to Chris Yelland, managing director of EE Business Intelligence, about Sasol's proposed interim gas strategy to redirect methane-rich gas as a stopgap measure to maintain gas supplies and mitigate the looming "gas cliff" in South Africa. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.Thank you for listening to The Money Show podcast.Listen live - The Money Show with Stephen Grootes is broadcast weekdays between 18:00 and 20:00 (SA Time) on 702 and CapeTalk.There’s more from the show at www.themoneyshow.co.zaSubscribe to the Money Show daily and weekly newslettersThe Money Show is brought to you by Absa.Follow us on:702 on Facebook: www.facebook.com/TalkRadio702702 on TikTok: www.tiktok.com/@talkradio702702 on Instagram: www.instagram.com/talkradio702702 on X: www.x.com/Radio702702 on YouTube: www.youtube.com/@radio702CapeTalk on Facebook: www.facebook.com/CapeTalkCapeTalk on TikTok: www.tiktok.com/@capetalkCapeTalk on Instagram: www.instagram.com/capetalkzaCapeTalk on YouTube: www.youtube.com/@CapeTalk567CapeTalk on X: www.x.com/CapeTalkSee omnystudio.com/listener for privacy information.
Tamboran Resources Ltd CEO Joel Riddle talked with Proactive about the company's newly signed letter of intent (LOI) with Arafura Resources Ltd to supply gas from the Beetaloo Basin. Riddle explained that both companies are based in the Northern Territory, and the agreement supports local strategic projects by providing 25 terajoules (TJs) per day to Arafura's critical minerals project. The agreement aligns with Tamboran's strategy of prioritising Northern Territory gas use. “We're a Northern Territory company. We've been focused on appraising the Beetaloo Basin now for all 12 years I've been in my job,” Riddle said, highlighting the company's long-term commitment to the region. Riddle also pointed out the environmental edge of Beetaloo Basin gas, which has a CO2 content of about 3%, significantly lower than the 15–20% typically found in other Australian basins. He said supplying this low-carbon gas to the East Coast would help reduce emissions by displacing higher-carbon alternatives. Discussing supply capacity, Riddle compared the Beetaloo to the Marcellus Shale in the US, noting it could provide enough gas to support the East Coast for “hundreds of years”. Tamboran plans to bring 40 TJs per day online in the first half of next year under an existing 15-year agreement with the NT Government. The Arafura deal will add a further 25 TJs daily. Riddle said work is underway with pipeline partner APA to ensure infrastructure capacity. The company aims to finalise a binding gas sales agreement with Arafura soon. Watch the full interview to hear how Tamboran is positioning Beetaloo gas as a key part of the East Coast supply solution, while supporting Northern Territory industry.
NGI'sKevin Dobbs, senior markets editor, and Patrick Rau, senior vice president of research and analysis, dig into the state of natural gas fundamentals and price implications. Coming off earnings season and executive outlooks shared on analyst calls, the two discuss the various factors that could influence producers to further ramp up supply – from key price thresholds to macroeconomic conditions. They also delve into long-term demand drivers, including swelling calls by LNG facilities for feed gas and a growing number of data centers with robust energy needs. Rau and Dobbs tie together supply and demand and how the various puts and takes could line up to impact natural gas prices this year and beyond.
Despite talk of an energy emergency and regulations that have impeded resource development, U.S. producers have been pumping out more natural gas than ever. However, production levels have shifted widely in recent years, sinking between 2023 and 2024 and now rising again. What will 2025 bring for U.S. natural gas supply? NGI's Leticia Gonzales, managing director of North American natural gas pricing, and senior markets editor Jodi Shafto delve into the production situation. They discuss recent production trends and the driving forces behind them, what may lie ahead for some of the biggest production basins and the impacts to natural gas prices amid continued capital discipline and drilling efficiencies.
The Energy sector is warning gas supply woes are not going away. Electricity companies are worried the winter gas shortage is not yet a thing of the past, with an even bigger problem bubbling under the surface for next year. Octopus Energy want to introduce a reward system, where they pay customers to reduce their usage during peak times. They say if 20% of kiwis participated in an hour-long session, it would save the equivalent of 122,000 warm wash cycles. Chief Operating Officer Margaret Cooney tells Tim Beveridge New Zealand is “pretty much matched in terms of the demand and supply available”. This leads to challenges if things go wrong, and in meeting peak demand periods during winter. LISTEN ABOVESee omnystudio.com/listener for privacy information.
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Executive Director of the FL Division of Emergency Management Kevin Guthrie discusses state preparations for Hurricane Milton, debris pickup, gas supply, and why evacuations are so important.
Supply of Liquified Petroleum Gas expect to normalise today as the Tema Oil Refinery says the initial challenge faced has been addressed.
The company behind the $1 billion plan to build 120 new gas wells in southern Queensland says it will bring 900 jobs and could power 2.7 million homes. But opponents say its a sign Australia is putting off the tough decisions on energy.
Tom is calling on the government to do more as the realities of winter sets in. See omnystudio.com/listener for privacy information.
New Zealand's gas industry is facing a supply problem, and as we head into winter, industry experts are warning it may not be sufficient. Morning Report producer Emma Ricketts reports.
Genesis Energy has confirmed they plan to resume buying coal amid reduced gas supplies and increased consumer demand. The company claims it needs to invest in a solid stockpile to ensure customers can access what they need for the time being. CEO Malcolm Johns warns the company will dip below the 350,000 tonne threshold by spring. "We're going to have to buy coal to top that stockpile up for next winter, and probably the winter after that as well." LISTEN ABOVE See omnystudio.com/listener for privacy information.
In the US lower 48 states, between $200 billion and $400 billion are spent in the supply chain every year and are still run with practices designed decades ago. The energy sector's supply chain is broken and needs a new vision to take it to the next level. In this interview podcast with Joshua Trott from WorkRise, we'll look at the outdated practices of supply chain management in oil and gas, explaining why many projects go over budget and schedule. Josh is the Chief Revenue Officer of WorkRise, an industry-leading labor business and a leading supply chain platform used by many of the biggest energy companies in the world. WorkRise's innovative solution is aimed at completely overhauling the industry's supply chain model rather than just tinkering with point solutions or with narrow scope. This concept emphasizes the power of data-driven decisions and efficiency to revolutionize project management and execution. We uncover the major issues impacting the current supply chain system, and how WorkRise plans to mitigate these challenges by putting in place a streamlined, cost-effective approach to project lifecycles. Modern technology and methods play a huge role in helping overcoming the obstacles in the industry. If you are responsible for overseeing end to end operations of an oil and gas company, you have the potential to capture very significant benefits through a rethink of your supply chain management. Josh is a lifelong soccer player and fan, he lives in Austin, Texas. Additional Tools & Resources:
SummaryShawn Hackett discusses various factors affecting the grain and natural gas markets in this conversation. He explains the record short positions in the grain market and the potential catalysts that could trigger a short-covering rally. He also discusses the harvest pressure in Brazil and the possibility of a post-harvest rally. Additionally, he analyzes the long-term outlook for the natural gas market and the potential impact of the Indian wheat crop on world supply. He emphasizes the importance of managing emotions and making clear decisions in agricultural markets. TakeawaysRecord short positions in the grain market have been driven by the narrative of China's economic decline and poor US exports.The grain market is vulnerable to a short covering rally if a catalyst makes traders feel they are on the wrong side of the trade.Harvest pressure in Brazil and potential weather shocks for winter wheat could catalyze short-covering rallies.The natural gas market is expected to experience drawdowns that could lead to a trend of increasing prices throughout the year.Managing emotions and making clear decisions is crucial in agricultural markets.Chapters00:00 Introduction and Small Talk01:48 Discussion on Record Short Positions in Grain Market02:54 Factors that Could Trigger Short Covering Rally in Grain Market05:14 Harvest Pressure in Brazil and Potential Post-Harvest Rally07:08 Potential Weather Shock for Winter Wheat12:38 Long-Term Outlook for Natural Gas Market19:20 Impact of Indian Wheat Crop on World Supply25:50 Discussion on Natural Gas Drawdown and Long-Term Inputs30:00 Managing Emotions and Making Clear Decisions35:35 Contact Information and Closing RemarksClick To Listen:https://on.soundcloud.com/eZhJ5Click To Watch:https://youtu.be/O21L0HExsK8Presented By @AxonTire @AgDirect @IronSolutions @randallreilly @Fusable @Valleytransinc Music By: @TalbottBrothersHost: Casey Seymour @casey9673 #agequipmentbusinesstal #letsgomovesomeiron Contact Me at:MovingIronLLC.commovingironpodcast@movingironpodcast.com
Blomberg News Markets Reporter Abigail Doolittle and Blomberg News Rates Reporter Michael MacKenzie discuss Federal Reserve Chair Jerome Powell's abrupt policy shift and how the Fed is impacting markets and the US economy. Maria Korsnick, CEO of the Nuclear Energy Institute, shares her takeaways from COP28 and how nuclear power can combat climate change. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Senior Energy Reporter Stephen Stapczynski talk about the Businessweek Magazine cover story How Traders Made a Fortune Switching Off a Nation's Gas Supply. And we Drive to the Close with Andrew Krei, Co-CIO of Crescent Grove Advisors. Hosts: Tim Stenovec and Emily Graffeo. Producer: Paul Brennan.See omnystudio.com/listener for privacy information.
Highlights of the Podcast00:00 – Intro01:08 - Where does Israel get its 220,000 barrels of oil every day? 03:20 - Farmers rejecting wind power projects to avoid massive cleanup costs 06:07 - Much of the world's gas comes from Hamas headquarters. This war could affect us all. 06:24 - Shell agrees to buy gas from Qatar for the Netherlands Pass 2050. 08:52 - OutroFollow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsENBEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –
Coverage that provides news and analysis of national issues significant to regional Australians.
EPA is allowing for more Ethanol to be used in gas this summer, to make sure there isn't a gas shortage. WWJ's Jon McElroy has more.
Interview with Dr Stephen Grocott, MD & CEO, and Duane Woodbury, CFO of Queensland Pacific Metals (ASX: QPM)Queensland Pacific Metals is an Australian company listed on the Australian Securities Exchange (ASX:QPM). The head office is in Brisbane, Queensland and the company also has an office in Townsville, North Queensland. The company is focused on developing the 100% owned Townsville Energy Chemicals Hub (TECH) Project. The TECH Project will be a modern and sustainable, battery metals refinery, 40km south of Townsville, in northern Queensland. The TECH Project will produce critical metals for the rapidly emerging lithium-ion battery and electric vehicle sector. Queensland Pacific Metals shareholders include global battery manufacturing leader LG Energy Solution and major Korean conglomerate POSCO. Queensland Pacific Metals has secured binding offtake agreements for the sale of nickel and cobalt with LG Energy Solutions and POSCO.
The national energy regulator has warned of gas supply shortages in southern states if there's extreme weather this winter. Australia's Energy Market Operator (AEMO) also says gas shortfalls could be a long-term problem. - 国のエネルギー規制当局は、この冬南部諸州で極端な天候があればガスの供給不足が起こると警告しました。また、オーストラリアのエネルギー市場オペレーター、AEMOもガス不足は長期的な問題になる恐れがあると言っています。
The national energy regulator has warned of gas supply shortages in southern states if there's extreme weather this winter. Australia's Energy Market Operator (AEMO) also says gas shortfalls could be a long-term problem. - Nagbabala ang pambansang regulator ng enerhiya tungkol sa kakulangan sa suplay ng gas sa mga katimugang estado ng Australia kung may matinding kondisyon ng panahon ngayong taglamig. Ayon pa sa Energy Market Operator (AEMO) ng Australia na maaaring maging isang pangmatagalang problema ang kakulangan sa gas.
Australia's Energy Market Operator forsees gas supply shortages in southern states if there is extreme weather this winter.
Artsakh Blockade Flash Update with Gev - Feb 17, 2023Topics:Latest Gas & Electricity up downsOn the Food Stamp programWhy are schools reopening?Deprivation from educationGev loses powerThe pain of the blockade is realGuests:Gev Iskajyan - TW/@GevIskajyanHosts:Hovik Manucharyan TW/@HovikYerevanAsbed Bedrossian TW/@qubriqEpisode 225 | Recorded: February 17, 2023Subscribe and follow us everywhere you are: linktr.ee/groong
Sneak preview of Erik Townsend's upcoming docuseries about the coming global energy crisis. This is a new version of this episode re-written based on listener feedback. 2nd of 5 special episodes. Download associated .PDF https://bit.ly/3IgepVg #OOTT
Artsakh Blockade Flash Update with Gev - Feb 9, 2023Topics:Snowy and cold weather sets inAzerbaijan Switches off Gas againShifting Electricity Blackout Strategy25 Tons of Russian Aid Reach StepanakertNegotiations and Negotiators Continue Redlines for Artsakh Arayik Harutyunyan talks with Gagik TsarukyanDo not Take this Blockade Lightly!Treasonous Mindsets in Armenian Government Who Will They Fight For?Guests:Gev Iskajyan - TW/@GevIskajyanHosts:Hovik Manucharyan TW/@HovikYerevanAsbed Bedrossian TW/@qubriqEpisode 223 | Recorded: February 9, 2023Subscribe and follow us everywhere you are: linktr.ee/groong
Artsakh Blockade Flash Update with Gev - Feb 7, 2023Topics:Update for February 7 Unreliable Gas Supply Adam Schiff invites Robert Avetisyan to the State of the UnionArtsakh on the mind if the US Legislative BranchGuests:Gev Iskajyan - TW/@GevIskajyanHosts:Hovik Manucharyan TW/@HovikYerevanAsbed Bedrossian TW/@qubriqEpisode 222 | Recorded: February 7, 2023Subscribe and follow us everywhere you are: linktr.ee/groong
Sneak preview of Erik Townsend's upcoming docuseries about the coming global energy crisis. Why it can't be avoided, what caused it, and what it will take to solve it. 2nd of 5 special episodes airing Sundays in January. Download associated .PDF here: https://bit.ly/3H5iY40 #OOTT
As winter approaches, countries throughout Europe are struggling to fill the gap in energy supply left by Russian gas. NGI Associate Editor Jacob Dick and Sr. Energy Analyst Shaylon Stolk discuss how the post-Brexit European Union is building international alliances to meet its energy needs, and how existing political tensions within the UK might be exacerbated by the energy shortage.
"There are lingering inflation anxieties as a result of the CPI remaining 2 to 3 times the official target, which favors hard assets over financial assets. Letting inflation run hot is a means of controlling the negative effects of too much debt. Under investment in the energy sector for the past decade insures a degree of supply constraints going forward, so the downside risks have to managed as they relate to exogenous demand destruction. OPEC+ is driving headlines and short term trends. We anticipate energy assets will be doubled or tripled in our portfolios as a target exposure by the end of 2023," says David McAlvany.
(4:06) - Starting hour two with a conversation about how gas supplies around New England are tightening and the risk of a blackout is increasing.(13:01) - Touching on how American executives at Chinese companies are stuck in limbo after the latest round of restrictions on chip exports to China.(31:10) - Talking about Meta's major troubles as it relates to the Metaverse, where the company has fallen well short of its goals.(39:58) - Stack roulette.
Good morning! In today's A.M. edition: Supply issues driving prices up at the pump Another year of drought expected COVID case numbers continue to fall California seeks to improve care its Medicaid program "No evidence of widespread impact" in LAUSD hacking case New law requires companies to post salary ranges in job ads This program is made possible in part by the Corporation for Public Broadcasting, a private corporation funded by the American people. Support the show: https://laist.com
The EU has accused Russia of "fallacious pretences" and "cynicism", after the energy giant Gazprom indefinitely suspended gas supplies to Europe. The company is blaming an oil leak for its decision not to reopen the Nordstream 1 pipeline on Saturday as planned. The BBC's Europe Correspondent Jessica Parker gives us the latest. The pace of jobs growth in the US has slowed, with 315,000 added in August. Randall Kroszner, the Norman R. Bobins Professor of Economics at The University of Chicago Booth School of Business explains what it means for the US economy. American country music icon Dolly Parton branches out into a range of canine clothing called...Doggy Parton. We hear from Michelle Elliott, President and Co-Founder of Sport Pet Designs, which is collaborating with the singer.
If Putin stops gas supplies, the Dutch government is considering tapping its own reserves. The Groningen gas field is the largest of its kind in Europe. It is being phased out because extraction causes earthquakes.
Pope Francis delivered a long-awaited apology in Canada for decades of abuse at Catholic-run residential schools. See acast.com/privacy for privacy and opt-out information.
Gazprom Declares Force Majeure, Will Halt Gas Flows To Germany Indefinitely as 2022 proves to be a rough year for the European Energy Crisis. The Nord Stream Pipeline Is Critical To Europe.
Italian Prime Minister Mario Draghi resigns. The U.S. House panel investigating the Jan. 6, 2021, Capitol riot is expected to focus on Donald Trump's actions at the time. Ford plans to cut several thousand white-collar workers. Keith Collins hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices
This week's Pipeliners Podcast episode features Mike Falk of Burns & McDonnell discussing the demand for natural gas, greenhouse emissions, and the differences between just pure natural gas and a mix of natural gas and hydrogen. In this episode, you will learn about the ways the gas demand has changed over the years, by what method the gas is getting to the markets that need it, as well as how to reduce greenhouse emissions while delivering the gas. Hydrogen is also a large topic of discussion in the episode. Russel and Mike also converse about the way hydrogen is going to impact our ability to reduce emissions but still meet the necessary demands. - Access the show notes and full episode transcript at PipelinePodcastNetwork.com.
We start with how high gas prices are in the US and discuss plans from the US and Europe to boost the global energy supply amid Russia's war in Ukraine. We're learning new details about the lead-up to the racially motivated shooting in Buffalo, New York. The UN released a damning climate report and the mood in the C-Suite is dark. Plus, the US women's soccer team players will now be paid the same as their male counterparts. To learn more about how CNN protects listener privacy, visit cnn.com/privacy
From the BBC World Service: Ukraine has essentially turned off one of its taps transporting Russian natural gas supplies to Europe. Also on the program, we meet the entrepreneurs launching new airlines, despite the pandemic. Your donation powers the journalism you rely on. Give today to support Marketplace Morning Report.
From the BBC World Service: Ukraine has essentially turned off one of its taps transporting Russian natural gas supplies to Europe. Also on the program, we meet the entrepreneurs launching new airlines, despite the pandemic. Your donation powers the journalism you rely on. Give today to support Marketplace Morning Report.
Moscow has cut off natural gas supply to Poland and Bulgaria because they have failed to make their payments in rubles, a demand of Russian President Vladimir Putin. The European Union has countered that Russia is just trying to blackmail countries that support Ukraine. And, in a rare form of diplomacy between the US and Russia, the two nations agreed to an unexpected prisoner swap: Russia released former US marine Trevor Reed while the US released a Russian pilot. Both men were facing long prison sentences. Plus, when the American band Sonic Youth played for a crowd in Kyiv in 1989, it changed teenager Eugene Hutz's life, inspiring him to find his own musical voice.
Putin Threatens To CUT OFF Europe's Gas Supply, EU REJECTS Demands Sparking Fear Of Escalating War. Putin wants EU countries to open Russian bank accounts and trade oil in roubles over western sanctions. Biden's policies on russia seem only to have backfired resulting in a stronger Russian economy and now pressures that could see people in Europe dying or rioting over high fuel prices. Meanwhile Russian in drafting 134,500 people into its Army as Democratic Administration officials warn Putin is resupplying his troops in Ukraine, not retreating #Ukraine #Putin #WW3 Become A Member And Protect Our Work at http://www.timcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices