Energy headlines

** The United States has shipped the first part of its power equipment aid to Ukraine, U.S. officials said on Monday, as Washington works to support the country’s energy infrastructure against intensifying attacks from Russia.

** New U.S. solar installations are on track to fall by nearly a quarter this year, with panel imports stalled by a ban on goods from China’s Xinjiang region over forced labor concerns, according to a market report released on Tuesday.

** Cheniere Energy, Inc. announced Monday the expiration of its cash tender offer to purchase any and all of the $1.25 billion aggregate principal amount of the outstanding 7.000% Senior Secured Notes due 2024  issued by Cheniere Corpus Christi Holdings, LLC (“CCH”).

** Halliburton Company will host a conference call on Tuesday, January 24, 2023, to discuss its fourth quarter 2022 financial results. The call will begin at 8 a.m. CT (9 a.m. ET). The Company will issue a press release regarding the fourth quarter 2022 earnings prior to the conference call.

** The Biden administration on Monday announced a loan of $2.5 billion to a joint General Motors (GM) and LG venture that will manufacture electric vehicle (EV) batteries.

** President Biden’s energy envoy Amos Hochstein called U.S. shale investors’ refusal to ramp up drilling “un-American” in an interview with the Financial Times. He criticized recent stock buyback schemes by ExxonMobil and other companies, urging them to ramp up drilling as Americans face high gas prices fueled by Russia’s invasion of Ukraine.

** Securities and Exchange Commission (SEC) Chairman Gary Gensler scrubbed mention of a meeting with former Secretary of State Hillary Clinton and key details of a meeting with billionaire Democrati

** Federal energy regulators are poised to act this week on transmission siting, pipeline rate disputes and two crucial gas pipeline certificates in what could be Democrat Richard Glick’s last meeting as chairperson. c donor George Soros from the public version of his calendar.


** While the European Union (EU) has largely been able to ward off an energy debacle this year, 2023 could prove to be a “sterner test” for the bloc, the International Energy Agency (IEA) warned in a report released Monday.

** EU ministers meeting in Brussels on Tuesday struggled to bridge differences over a proposed cap on natural gas prices, a challenge stymying other measures designed to mitigate Europe’s energy crunch.

** China’s easing of COVID-19 restrictions could result in an energy demand of 3.3 million barrels of oil a day next year according to S&P Global’s latest energy outlook report. It might represent 47% of all global energy demand gains next year.