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Ceraweek

All articles tagged with #ceraweek

world4 hours ago•9 min saved

Oil Execs and Diplomats Seek Clear War Timelines at Houston Energy Summit

At the CERAWeek energy conference in Houston, U.S. energy officials will hear from oil executives and foreign diplomats who want clear timelines for the Iran war and the reopening of the Strait of Hormuz. The conflict has disrupted energy markets, driven up prices, and strained European and Asian supplies, prompting talks on permitting reform and faster energy projects in the U.S. as attendees push for planning certainty — though some major players are skipping the event amid ongoing tensions.

via Politico|

#ceraweek #energy #hormuz

energy-industry2 years ago•3 min saved

"CERAWeek 2024: Dueling Visions on Energy's Future"

At the CERAWeek conference, energy industry leaders emphasized the continued reliance on fossil fuels while also highlighting efforts to offset emissions. Executives stressed the growing demand for energy, particularly due to the increasing need for computing power, framing it as an "energy addition" rather than a transition. The industry's pushback against the energy transition has gained momentum, with ExxonMobil CEO Darren Woods emphasizing the global need for oil and gas. Despite efforts in emission offsetting projects, such as carbon capture, utilization, and sequestration, their financial viability remains uncertain, reinforcing the message that oil and gas will continue to dominate global demand and industry profits.

via Yahoo Finance|

#carbon-capture #ceraweek #energy-industry

energy-conference2 years ago•3 min saved

"Energy Conference Showcases Battle Between Oil Mergers and Clean Fuels"

Top oil executives and ministers gather in Houston for the CERAWeek energy conference, buoyed by stable oil prices and blockbuster mergers. Despite geopolitical turmoil, oil prices remain steady, prompting discussions on energy security and transition. The conference will address global energy outlook, LNG developments, U.S. climate policies, and the role of AI in energy production. Climate concerns are reflected in sessions on carbon sequestration and hydrogen fuels, while the growing issue of consumer willingness to pay for clean fuels and ROI for energy companies is also discussed. Notably absent are top oil ministers from OPEC countries, and the conference also focuses on the impact of recent acquisitions on U.S. shale production.

via Reuters|

#ceraweek #clean-fuels #energy-conference