At CERAWeek, discussions revolve around the potential end of the LNG pause in the U.S., with executives and officials expressing confidence that it will be lifted after the 2024 election. Big Oil CEOs emphasize the importance of oil and gas in global energy needs, opposing fast energy transitions and calling for a slower approach to clean energy. Energy Secretary Jennifer Granholm and ConocoPhillips CEO Ryan Lance confirm plans to end the LNG pause post-election, citing benefits for stabilizing global energy markets, creating jobs, and reducing emissions.
Reuters- Energy transition? Yes. But at what pace? #CERAWeek https://t.co/qPBA3BLV4j
Top #oil executives took to the stage of #CERAWeek energy conference on Monday to vocally oppose calls for a quick move away from #FossilFuels, saying "society would pay a steep cost to replace oil & #gas" 🤔 https://t.co/PNQWTQYt0j
Big Oil blames climate change on the public, demands a slower energy transition https://t.co/lRbcpKS4Qb
Big Oil executives push back against calls for fast energy transition #oott https://t.co/l0zpKJUGyu
#CERAWEEK: Fossil fuel still has room to grow even as the energy transition mounts #oott https://t.co/B2AsGbOuv8
#CERAWEEK: TotalEnergies to acquire upstream position in Eagle Ford Shale #oott https://t.co/jOVYqmZzTf
#CERAWEEK FACTBOX: No energy transition without oil, gas, LNG #oott https://t.co/EUmli10q33
US clean energy transition 'undeniable,' Granholm tells #CERAWeek https://t.co/fImhq9RYmp
Big Oil executives push back against calls for fast energy transition https://t.co/Tt3DhrlhUq https://t.co/YPfttunlcc
The Biden administration’s pause on liquefied natural gas export licenses needs to end after November’s presidential election, said ConocoPhillips CEO Ryan Lance. https://t.co/CM2ePuvb2f
Today, @SecGranholm confirmed what we’ve known all along. The LNG pause is about nothing more than politics and the Biden admin plans to end it after the election. This admin cannot continue appealing to Green New Deal extremists at the cost of our nation’s energy producers. https://t.co/aBb5vv3vND
Granholm says LNG pause will end within a year https://t.co/W6opIeCuhK
Society may want to see emissions reduced, but the challenge is that no one wants to pay for the energy transition, according to the chief executive officer of ExxonMobil. #oott https://t.co/nPJ2fRDH2G
Oil and gas will play a role in the global energy needs for a "long, long, long time to come," said Shell chief executive Wael Sawan today. #oott https://t.co/5K8f2qWCBO
.@SecGranholm says she’s confident that a year from now — after the 2024 election — the #LNG pause will be “in the rearview mirror.” No review needed to see the benefits of US LNG for stabilizing global energy markets, creating American jobs & reducing global emissions #CERAWeek https://t.co/CuuoKMEW4R
Energy Secretary Jennifer Granholm, speaking optimistically on LNG “pause”: As we sit here next year, this will be well in the rear-view mirror (speaking @CERAWeek)
It's CERAWeek in Houston, when the nation's affluent elites gather to nod soberly at one another as they agree that, sure, transitioning to clean energy is good, but needs to be done in a slow, gentle way that provides plenty of profits for powerful incumbents.
CERAWeek by S&P Global opens today with speeches from Big Oil CEOs and top Biden officials. It serves as a window into policy divisions and areas for potential cooperation. Here's a look at what's at stake. https://t.co/qmnc4CMS8M
One executive says that at some point into the next year, "we will be back permitting U.S. liquefaction facilities." Biden officials earlier this year announced a breather to weigh economic and climate effects of further approvals. https://t.co/gXnYiB3Bad