Anil Mathews is a journalist specializing in the energy sector, with a focus on oil and gas markets. He writes for OilMonster.com and ScrapMonster.com, providing insights and analysis on industry trends, prices, and developments. His work has also been featured in Forbes and The Economic Times, establishing him as a trusted source in the field.
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Anil Mathews is focused on the energy sector, particularly in oil and gas. His coverage heavily features data citations and press releases, indicating a preference for factual information from official sources.
To effectively reach out to Anil, consider providing data-driven insights or analysis related to energy markets, specifically focusing on trends in natural gas storage capacity, production updates of refineries or energy companies, fluctuations in oil prices and refinery output levels. Expert commentary with deep industry knowledge would be valuable for providing context around the data highlighted in his articles.
As Anil's focus seems broad geographically but specific thematically within the energy sector, pitches should emphasize relevant global implications while staying rooted in factual content backed by credible sources.
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By: Anil Mathews
Presently, TotalEnergies, in partnership with TES, develops the Live Oak e-NG project, which is expected to produce 100,000-200,000 tonnes of e-NG per year by 2030. Also, the company had recently reached an agreement to acquire leading U.S. carbon capture and storage company, Talos Low Carbon Solutions. The deal gives TotalEnergies a 25% stake in the Bayou Bend project, located in proximity to its Port Arthur refinery as well as its petrochemicals assets in La Porte.
However, the advantage diminished in the latter part of the fiscal year.
By: Anil Mathews
Copper Transformer scrap prices saw no variation in prices over the previous day. No price-change was witnessed in Cu Yokes.
By: Anil Mathews
President Biden's agenda prioritizes infrastructure development, economic growth, environmental protection, and job creation. The NGDISM grant program reflects these priorities by promoting safety, affordability, and environmental sustainability in natural gas distribution.
By: Anil Mathews
Last year, the Follow This resolution won the backing of 20% of shareholders at the end of a raucous AGM where protesters tried to storm the stage.
The company reported net earnings of $596 million, or $0.94 per diluted share, in the first quarter of 2024. After adjustments, the company's core earnings were $730 million, or $1.16 per diluted share. The operating cash flow totalled $1.7 billion in the first quarter, by 4% from the year-ago quarter. Devon's cash balances increased $274 million to a total of $1.1 billion. The outstanding debt, as at the end of the quarter, was $6.1 billion, said the company news release.
U.S. ultra-low sulfur diesel futures fell to their lowest since July 2023 for the third session on the trot.
The crude oil and natural gas prices recorded decline during the quarter when compared with the prior quarter. The Q1 oil production totalled 487,400 Bopd, which was above the midpoint of the guidance range, up by 1% from Q4 2023. The NGL production too was above the midpoint of the guidance range, but down 2% from prior quarter. The natural gas production was above the midpoint of the guidance range and up 1% from prior quarter.
The increase in storage capacity to 12 billion cubic metres will help Turkey store almost one-fifth of its total natural gas consumption. Turkiye is estimated to consume approximately 50 billion cubic metres of natural gas per annum, thus making it the fourth largest gas consumer in the European region.
The proposed gas pipeline will connect offshore production vessels to a power plant and a natural gas processing facility. However, the power plant and transmission lines are not expected to become fully operational until end-2025. The construction of the offshore section of the pipeline is almost 70% complete.
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