When looking at carbon neutrality goals, especially those set by states, it is important to understand what it would take to reach 100% electrification through wind % solar generation only – and how much such an electrification pathway would cost citizens.

Energy Transfer to Acquire WTG Midstream in a $3.25 Billion Transaction $ET businesswire.com/news/home/2024…

💰2023 Net Profit of Oil and Gas Companies ⤵️
#ONGT $XOM $SHEL $TTE $BP $COP

Important reminder. Lake Charles #LNG asked for DOE approval by February 2024 to prevent their customers from canceling the contracts. The approval is nowhere in sight❗️

Those customers are 🇰🇷SK Gas for 0.4 mtpa & 🇯🇵Kyushu Electric for 1.6 mtpa and a potential equity investment.

👀 Keep an eye on the $TELL borrow fees which have exploded to all time highs while short interest is also at all time highs.

🇯🇵🇺🇸JERA Considers Diversifying #LNG Sources Amid Limited Australian Support

JERA is exploring LNG investments in Asia, the Middle East, and the U.S. if Australia fails to provide adequate financial support for cost-lowering methods like carbon capture. devdiscourse.com/article/headli…

National Grid, which announced a £7bn rights issue on Thursday, is putting up for sale its 15m-tonnes-per-year Grain #LNG receiving terminal in Kent.

If I’m Venture Global, I’m taking a look here. pfie.com/story/4599606/…

Kinder Morgan’s Gulf #LNG wins more time from FERC for construction $KMI upstreamonline.com/lng/us-lng-pro…

🇮🇳 India's Arcelor Mittal Nippon Steel signs 0.5 mtpa #LNG deal with Shell at 11.5% slope to crude oil for 10 years starting in 2027

This is the lowest slope I’ve seen in a long time. It’s making a statement. I’m just not sure what. 🤔

Golden Pass #LNG reports the project is 75% complete.

Color me skeptical. This must include engineering and procurement. I suspect construction complete is much lower. Would be nice to hear more about this. $XOM

Australia will delay closure of its largest coal-fired power plant amid concerns renewables aren't being added fast enough 🇦🇺❤️🪨

Origin will keep operating two of four units at the 2.9GW site (which makes up about a quarter of NWS demand) until Aug 2027
bloomberg.com/news/articles/…

Stay tuned for more too.