Energy Transfer has terminated offtake agreements with some customers of its suspended Lake Charles liquefied natural gas project in Louisiana, according to a filing with the U.S. Securities and Exchange Commission on Thursday. Here are some details: * “Several LNG offtake agreements have been terminated based on the nonsatisfaction of the condition related to making …
Summary Dept of Energy in talks with Indian govt on Venezuelan oil sale US made oil supply diversification central to India trade talks Interim trade deal effective April, India trade minister says NEW DELHI, Feb 20 (Reuters) – The United States is in “active negotiation” over the sale of Venezuelan oil to India, to help …
US Negotiating With India on Venezuelan Oil Sale, US Envoy Says Read More »
Summary Oil prices hold near six-month high Strait of Hormuz supply risk in focus Traders and investors bet on rising prices: Saxo Bank (Reuters) – Oil prices traded near six-month highs on Friday, poised for their first weekly gain in three weeks on growing concern over potential conflict after Washington said Tehran will suffer if it …
Oil Heads for First Weekly Gain in Three as US-Iran Tensions Rise Read More »
Reuters – The U.S. Energy Secretary Chris Wright gave the International Energy Agency on Thursday a one-year deadline to move away from its net zero climate-focused agenda or risk losing the U.S. as a member. In 2015 the U.S. and nearly 200 other countries signed the Paris Accords, an international pledge to limit global warming …
US Energy Secretary Wright Pressures IEA to Quit Net Zero Agenda Read More »
By Curtis Williams and Shadia Nasralla US licenses enable Shell’s Dragon gas project progress Dragon project faced delays due to US policy shifts Shell aims to export gas via Atlantic LNG in Trinidad HOUSTON/LONDON, Feb 19 (Reuters) – General licenses for oil and gas exploration in Venezuela issued by the U.S. this month will allow …
A drone view shows a property seized by authorities, where the authorities say they discovered a sophisticated tunnel used for large‑scale fuel theft from Mexico’s state energy company Pemex and for storing drugs, in Sayula, Mexico, February 18, 2026. REUTERS/Luis Cortes TEPETITLAN, Mexico, Feb 19 (Reuters) – Mexican authorities raided a tunnel used to steal …
(Reuters) – Here are key facts about international oil companies in Venezuela, a country with vast oil reserves but dilapidated energy infrastructure. In the 2000s, then President Hugo Chávez expropriated assets from several foreign oil companies, strengthening state-owned PDVSA’s control over the country’s oilfields. After capturing President Nicolas Maduro in January, the United States eased …
What’s the Status of International Oil Companies in Venezuela? Read More »
(Reuters) – U.S. product supplied of distillate fuel oil, a measure of demand for diesel and heating oil, rose in the previous week to 4.75 million barrels per day (bpd), the highest since January 2022, data from the Energy Information Administration showed on Thursday. Product supplied of distillate fuels rose about 304,000 bpd in the …
US Distillate Fuel Demand Rose in Latest Week to Four-Year High Last Week, EIA Says Read More »
By Julian Hast EQT Corp. stands to pocket $1 billion in February alone as the natural gas producer reaps the benefits of its fortuitous position ahead of one of the steepest price rallies in the history of the US gas market last month. The second-largest US gas producer by volume entered 2026 almost entirely unhedged, …
EQT Expects $1 Billion Windfall on Storm-Driven Gas Price Rally Read More »
By Jennifer A Dlouhy and Naureen S Malik US President Donald Trump’s plan for Japan to build a massive gas power plant in Ohio promises a flood of electricity in a region desperate for it. It also heralds risks for others eager to meet the demand — but without the same political support. The prospect …
Trump-Backed Gas Project Has Competitors Rattled Over Risks Read More »
