Jamie Tranter

Measuring #naturalgas, #refinedfuels and other #fossilfuels is still the largest segment of the #flowmeter market, but #renewable #energy represents a growing opportunity, Jesse Yoder writes in this month's Flow Point column from Control Global. #flow #renewableenergy #flowmarket #FlowPoint #ControlGlobal Read the full column here ⬇️ https://lnkd.in/g62KYDxV

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🚀 Engelhart Commodities Trading Partners to Acquire Trailstone, Advancing Clean Energy Transition Engelhart Commodities Trading Partners has agreed to acquire Trailstone, a global energy and technology company, from Riverstone. This significant acquisition, expected to complete in Q3 2024 pending regulatory approval, highlights a strong commitment to the clean energy transition. 🔋 Strategic Impact The acquisition enhances Engelhart’s trading and technological capabilities, reinforcing its position in power, natural gas, and environmental product trading. Trailstone’s expertise in renewable power asset management and its robust natural gas business will complement Engelhart’s operations, driving value and sustainability. 🌍 Commitment to a Sustainable Future Both companies share a vision of a decarbonized energy landscape. This move aligns with Engelhart’s strategy to strengthen its global power and gas trading platform and support the clean energy transition actively. 🗣️ Leadership Insights Huw Jenkins, CEO of Engelhart, remarked, “This acquisition is crucial for our long-term strategy to enhance our energy trading platform and technological capabilities. Trailstone’s innovation in renewables trading is impressive, and we believe this merger will be highly beneficial for both companies.” John Redpath, CEO of Trailstone, expressed, “Joining Engelhart is a significant moment for Trailstone. Our complementary strengths will allow us to expand our renewables and power & natural gas businesses, creating more value in the clean energy transition. I am excited about the future as we move forward as one business.” 🔗 Looking Ahead With regulatory approval pending, the combined resources and expertise of Engelhart and Trailstone promise a bright future in advancing the clean energy transition. Stay tuned for more updates on this exciting development! #EnergyTransition #CleanEnergy #Sustainability #Renewables #Trading #Technology #Acquisition #Engelhart #Trailstone https://lnkd.in/e7Cd-6dK

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🔥 [US Nat Gas Options Weekly 2024/45] Henry Hub Closed Flat as Storage Builds Counter Output Decline 🔥 As extreme weather events and seasonal demand shifts drive price volatility, US natural gas futures reflect a complex blend of market forces, writes Suhas Reddy. 🔹 Hurricane Impact on Production: Gulf of Mexico production cutbacks due to Hurricane Rafael initially boosted prices. However, projections of the hurricane missing key production areas tempered gains. 🔹 Inventory Insights: The EIA’s report of a 69 Bcf increase in natural gas storage exceeded forecasts, showing storage levels 4.2% above last year’s and 5.8% above the 5-year seasonal average. 🔹 Options Market Sentiment: A sharp decline in Henry Hub’s Put/Call volume ratio suggests waning bearish sentiment, with a steady climb in options skew hinting at bullish positioning. Read the full research paper here: https://lnkd.in/gY-T5pfN #NaturalGas #EnergyMarkets #HenryHub #HurricaneImpact #EnergyTrading #GasPrices #Commodities #MarketAnalysis

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🗞️ NEWS -- Max Power Mining Corp (CSE: MAXX) | (OTC: MAXXF) and Larin Engineering HHC have commenced a comprehensive Natural Hydrogen study of the entire state of Texas using proprietary methods. The study, aimed at prioritizing prospective Natural Hydrogen targets for near-term potential land acquisitions and exploration, will serve as a model that can quickly be scaled up to encompass vast sections of the United States. ⏺️ Texas is already America’s top producer of manufactured hydrogen and currently features a vast hydrogen pipeline network stretching for 1,600 miles in addition to an abundance of other hydrogen-related infrastructure as well as existing and potential offtakers. In short, Houston is the energy capital of the world but the broader state has been underexplored for the potential of hosting accumulations of naturally occurring hydrogen gas as recently discovered elsewhere in the world. In Mali, West Africa, a replenishing dynamic flow of Natural Hydrogen was found at a depth of just 110 metres and was quickly converted into emissions-free electricity. 🗣️ Mr. Pavel Piankov, General Manager of Larin Engineering, stated: “The state of Texas is a very promising territory for Natural Hydrogen projects, both from a geological and service contractor/engineering standpoint.” 🔗 https://lnkd.in/gCyVSdN6 #Stocks #Trading #Invest #Hydrogen #NaturalHydrogen #RenewableEnergy #SustainableMining #CleanEnergySolutions #RenewableResources #EnergyTransition

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The crude oil market has experienced recent fluctuations, with West Texas Intermediate (WTI) prices rebounding from a multi-week low to approximately $67.4 per barrel. This upward movement is largely attributed to escalating tensions in the Middle East... . . . #OPEC #Oilindustry #GasIndustry #oilandgasindustry #frackingindustry #Hydraulicfracking #fracking #fracplugs #plugs #wellcompletiontools #wellcompletion #frackingproducts #oilexploration #oilproduction #gasexploration #gasproduction #oilwells #gaswells #oilandgaswells #Solublefracballs #fracball #solubleball #oilfield #oilfieldtoolaccessories #accessories #tools #oilfieldtools #Oilindustry #GasIndustry #oilandgasindustry #frackingindustry #Hydraulicfracking #fracking #wellcompletiontools #wellcompletion #frackingproducts #oilexploration #oilproduction #gasexploration #gasproduction #oilwells #gaswells #oilandgaswells #trending #topcompany #supplier #supplierfromchina #importexport #latestnews #breakingnews #oilindustry #oilnews #gasnews #oilandgasindustry #thankfulmaterial #offshore #inshore #oilproduction #supplier #oilproducer #oilandgasfacts #oilproducts #gasproducts #oilandgasproducts #ai #trending #wellcompletion #wellproducts #titanium #magnesium #metals #products #exportimport #oilexploration #fracplugs #oiltools #crudeoil #crudeoilexploration #crudeoilindustry #us #downholetools #tools #supplier #supplierfromchina #topcompany #trending #china #importexport

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GOAL ABANDONED BP Abandons Goal to Cut Oil Output, Resets Strategy https://hubs.la/Q02SmKzh0 BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm’s energy transition strategy to regain investor confidence, three sources with knowledge of the matter said. #bp #oiloutput #oilandgasindustry #energyindustry #oilandgas

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In this quarter’s issue of Value Focus: Exploration & Production, Mercer Capital takes you deep into the heart of Eagle Ford. Learn how this region navigates the complexities of the oil market, maintaining high production with fewer rigs and benefiting from stable commodity prices. With the Permian Basin's targets dwindling, Eagle Ford shines as a prime area for M&A activities. https://mer.cr/4aYYUMQ | #eagleford #oilandgas #energy #mergersandacquisitions

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Gelber Gas Daily (+ crude!) #NaturalGas -- Outages Send Permian Prices Lower, April LNG Flows See Europe Weaker While Latin America Strong: NYMEX natural gas futures are flat on the day, last trading at $2.21/MMBtu. Production saw a drop of -2.2 Bcf/d as is typical for this time of week, bringing levels to 97.5 Bcf/d. Driving the drop was the South Central, where a planned outage on the Permian Highway Pipeline sharply dropped takeaway capacity from the gas-rich region by more than 1 Bcf/d. The constraint on flows should remain in full until at least May 10th before a gradual recovery by May 12th. Spot prices at Waha have been negative recently as LNG outages added to the imbalance of the already-oversupplied region; with this latest outage, Waha saw spot hit prices not seen in 4 years, with gas traded at -$4.60/MMBtu yesterday. As LNG continues to be a primary point of focus, data for the month of April showed LNG imports into Northwest Europe totaled 5.21 million metric tons. Compared to this time last year, this marks a 27.6% decrease, though a 7% increase month-over-month. The US remained the major supplier, contributing 57% of the imports. Notably, France continued as the leading destination for the third consecutive month, receiving 40% of the imports. The drop in imports, particularly in the UK and Belgium, was influenced by high levels of gas already in European storage and competition from markets in Asia, Egypt, and Latin America. The latter region's LNG imports surged almost 20% in April, totaling about 58.5 Bcf, up from 49.2 Bcf in March. Colombia led Latin America with 14.68 Bcf of imports, a record high, driven by drought conditions exacerbated by El Niño. Argentina's imports are set to increase through August due mostly to delivery of spot cargoes purchased previously, while Brazil's demand remains uncertain due to various factors including renewable generation intermittency. Over half of Latin America's imports came from the Lower 48, while Trinidad's Atlantic LNG facility supplied 32%. #Crude -- Crude Sideways Ahead of Weekly Petroleum Report, Chevron-Hess Merger Still Delayed: Crude oil is flat on the day, last trading at $78.54/bbl. While crude is trading sideways, equities are showing strength, with the S&P 500 nearly at $5200 this morning. As upstream consolidation continues, the delay in Chevron's acquisition of Hess is not making much progress. ExxonMobil, which has claimed a right of first refusal on Hess' assets in Guyana, has said that the arbitration case delaying the acquisiton could extend well into 2025. Meanwhile, following a notable miss to the upside last week for crude inventories, market participants await the EIA's Weekly Petroleum Report tomorrow for further clarity on domestic crude supply. #Naturalgas #Oilandgas #Commodities #NYMEX #HenryHub #Trading #Hedging #Gelber #markets #LNG #OPEC #Crude #oil #EIA #gas #gelber #WTI 

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Shell's Q3 d/s refining margin squeeze already flagged by Reuters in September This morning's Q3 update from Shell highlighting a near -30% QoQ drop in refining margins (to $5.5/bbl) seems to be making most of the headlines on the stock, although was already well flagged by Reuters last month. The limited impact on today's share price (+1.6%) meanwhile suggests markets aren't particularly surprised and perhaps are focused on improved u/s and LNG volume expectations, along no doubt by all the usual tailwinds from rising Middle East tensions. https://lnkd.in/edAdiWrM

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China's oil demand has peaked: signs of economic malaise or part of a bigger plan? In the second part of his interview with CNBC, Dave Ernsberger from S&P Global Commodity Insights and #APPEC 2024 Chairperson discusses the impact of China's oil demand on the market. https://okt.to/lfqcoO

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China's oil demand has peaked: signs of economic malaise or part of a bigger plan? In the second part of his interview with CNBC, Dave Ernsberger from S&P Global Commodity Insights and #APPEC 2024 Chairperson discusses the impact of China's oil demand on the market. https://okt.to/PLgsnE

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Join Shae Russell as she speaks with Aurora Energy Metals (ASX:1AE) non-executive Chairman Peter Lester about the company’s US plans following the recent option agreement with Eagle Energy. 🔑 Key topics discussed: What Aurora Energy Metals’ partnership with Eagle Energy means. Plans to list on the NASDAQ. Why the US market offers more capital opportunities to grow the Aurora Uranium Project. Upcoming plans for the company’s new WA assets. 🎥 Watch the full interview to gain insights into what’s on the horizon for Aurora Energy Metals. https://buff.ly/48XWxdj #MiningNews #Exploration #Leadership #Uranium

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Gelber Gas Daily (+ crude!) #NaturalGas -- Production Heads Lower, Matterhorn Flows So Far Below Expectations: The NYMEX front-month gas contract is up 6 cents, last trading at $2.37/MMBtu. ResComm increased by 1.29 Bcf/d today, with most of the change stemming from the Southwest and Northeast regions. Production has remained low, at just under 100 Bcf/d as of early-cycle data, the lowest since early June. Meanwhile, utility companies are ramping up natural gas-fired capacity at the highest rate in recent years, driven by increased electricity demand from expansion of data centers, and spurred by warmer recent temperatures. According to the EIA, natural gas remains a major power source to support peak loads and supply about 42% of U.S. electricity in 2024. Following the start of the Matterhorn Express Pipeline, which began transporting gas eastbound from West Texas earlier this month, Waha prices briefly surged to 62 cents/MMBtu after a prolonged period of negative pricing. However, prices soon dropped to -$3 before rebounding to just 5 cents/MMBtu on Sept. 13. Despite the initial optimism surrounding Matterhorn's startup, ongoing volatility is present likely due to gas volume moving on the new pipeline being less than expected so far. #Crude -- Crude Inches Up As Wednesday Fed Meeting Looms: Crude Oil is seeking higher ground to kick off the new week. The WTI front-month contract is up $1.52, last trading at $70.51/bbl. Crude Oil wrapped up a breakeven week on Friday among mixed signals. Persistent demand worries and low margins have led China's refinery outputs to decline for the 5th consecutive month. Operations on the Gulf Coast have returned to normal during the past weekend in Francine’s aftermath, which is still leaving 20% of oil production offline. Otherwise, markets are positioning around the upcoming Fed meeting on rates this Wednesday. Although a cut has been priced in, uncertainty remains between a 25bps or 50bps cut and either would play an important role for commodities. Current Fed Funds futures markets imply that larger cuts are the more likely scenario (though not by much) given bearish manufacturing data and job reports. #Oilandgas #Commodities #NYMEX #HenryHub #Trading #Hedging #Gelber #markets #LNG #OPEC #oil #EIA #gas #gelber #WTI #Energy

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