Sources say that Venture Global has been in talks with Ukraine about providing it with more LNG.
Three people have confirmed that Venture Global is in talks with Ukraine about selling it more liquefied gas from its Plaquemines plant, located in Louisiana. This comes as…
Baker Hughes reports that US drillers have added oil and gas rigs to their fleet for the first time in 3 weeks.
Baker Hughes, a leading energy services company, said that the U.S. added oil and gas rigs this week for the first time since three weeks. The number of oil and gas rigs, a good indicator of future production…
BP confirms that the fire at Indiana oil refinery has been extinguished; multiple units are down
The company reported that a fire broke out at BP’s Whiting refinery, which produces 440,000 barrels of oil per day, on Friday morning. Gas prices in some parts of the Midwest skyrocketed after the fire at the U.S.
Sources say that Western pressure will affect Asian purchases of Russian oil in December.
U.S.-European pressure on Asian buyers could limit India's oil purchases from December. This would lead to cheaper supplies in China. However, Japan is unlikely to stop its Sakhalin LNG shipments at this time…
NextDecade receives positive FID for Train 5 of the Rio Grande LNG Project in Texas
NextDecade, a U.S. producer of liquefied gas, announced on Thursday that it had made a final investment decision in favor of the fifth liquefaction train (also known as a liquefaction…
Colombia wins offshore wind bid by CIP of Denmark
The head of Colombia's hydrocarbons agency announced on Thursday that a subsidiary from Denmark's Copenhagen Infrastructure Partners, CIP, had bid to develop a wind project…
Venture Global's commissioning extension of Plaquemines LNG Plant has been approved by federal regulators
A regulatory filing revealed that federal regulators approved Venture Global's request for additional time to commission its Plaquemines LNG facility in Louisiana before declaring full commercial operations.
Zelenskiy believes that peace in the Middle East can lead to peace in Russia
On Thursday, Volodymyr Zelenskiy, the Ukrainian president, said that the momentum of the Middle East Peace Process would help to end the more than three-and-a-half-year-old conflict between his country and Russia.
The Colombian Sirius gas project is moving forward with consultations and nearing the contracting phase
Alcindo Moritz, Petrobras Colombia's chief, said that the project Sirius, which is being developed by Ecopetrol, a state oil company in Colombia, and Petrobras of Brazil, off its Caribbean coast…
South Africa will lift the shale-gas moratorium in this month
The South African government will lift its long-standing ban on shale exploration once new regulations are published this month. In 2011, the regulator was prohibited from processing…
Kyiv reports that a Russian drone and missile barrage has hit Ukraine's gas installations.
Volodymyr Zelenskiy, the president of Ukraine, said that Russia had launched an overnight attack on Ukraine targeting infrastructure with more than 300 drones. He said that…
Equinor begins production in Brazil's Bacalhau Oilfield
Equinor, a Norwegian oil company, announced on Thursday that it had begun production in Brazil at its Bacalhau field one year after the original investment decision in 2021.
Maurel & Prom sales for 9 months fall as crude prices remain high
Maurel & Prom, a French oil and gas company, reported a drop of 13% in its sales for the nine months ending on Thursday. The decline was attributed to lower crude oil prices.
Cenovus Energy purchases additional shares in MEG Energy
Cenovus Energy has increased its stake in MEG Energy to 9.8%. Cenovus purchased 21.7 million shares on Tuesday, improving its position in acquiring one of Canada's largest pure…
As US onshore oil growth slows, will improved drilling boost Gulf of Mexico offshore oil production?
Analysts and consultants predict that offshore investment will continue to grow as new technology and more friendly regulations encourage investment. In recent years, the offshore…
The Norwegian budget shows that the costs of Aker's offshore projects are rising.
Norway's Budget Proposal showed that the cost of Aker BP’s major oil and gas projects, Yggdrasil, and Valhall-Fenris have risen 32% and 25% respectively from nominal estimates a month ago.
Venture Global requests that Chevron have a say on the Plaquemines LNG startup extension
Chevron asked federal regulators on Tuesday to allow it to give an opinion about Venture Global's request for additional time to commission the Plaquemines LNG facility in Louisiana. The U.S.
Oil bosses are expecting the market surplus to diminish over time
Executives from oil majors, trading houses and oil companies said that the global oil market will tighten up in the medium-to-long term after recovering from its short-term weakness.
Oil executives warn of increased costs due to Trump's tariffs
Two oil executives warned this week about the impact of tariffs on the cost of energy production and investment decisions. TotalEnergies' CEO Patrick Pouyanne said at the Energy…
Cenovus Energy increases stake in MEG Energy before merger vote
Cenovus Energy announced on Tuesday that it had purchased approximately 21.7 million MEG Energy common shares ahead of a vote to merge the two companies. This will strengthen…