At a time when public trust in institutions is decaying, Energy Secretary Chris Wright isn’t trying to win news cycles or Twitter debates. He is trying to future-proof America’s energy grid and bring affordable power to those who need it most—at home and across the globe.
An Exxon Mobil-led oil consortium has returned 2,534 square kilometers of the Stabroek Block in Guyana back to the government.
A stronger-than-expected U.S. natural gas storage injection caused a bearish reaction at the Henry Hub.
Riley Exploration Permian Inc. said on July 2 it closed on its $142 million deal to buy EnCap Investments-backed Silverback Exploration II LLC.
Knot Offshore Partners purchased shuttle tanker Daqing Knutsen from its subsidiary for $95 million, less $70.5 million of outstanding debt and $300,000 of capitalized fees.
The United States imposed sanctions on Thursday against a business network that smuggles Iranian oil disguised as Iraqi oil, as well as sanctions targeting a Hezbollah-controlled financial institution, the Treasury Department said. The network of companies run by Iraqi businessman Salim Ahmed Said has been buying and shipping billions of dollars worth of Iranian oil …
US Imposes New Sanctions Targeting Iran Oil Trade, Hezbollah, Treasury Dept Says Read More »
ARLINGTON, Va.–(BUSINESS WIRE)–Today, Venture Global, Inc. (NYSE: VG) announced the execution of a new 20-year Sales and Purchase Agreement (SPA) with PETRONAS LNG Ltd. (PLL), a subsidiary of the Malaysian state-owned oil and gas company, PETRONAS. Under the terms of the SPA, PETRONAS will purchase 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from …
Venture Global Announces 20-Year Sales and Purchase Agreement with PETRONAS Read More »
Golden Pass LNG, which is owned by Exxon Mobil and QatarEnergy, has asked U.S. regulators for permission to re-export liquefied natural gas from October 1, as the export plant nears production after previous delays. The company said it wants to re-export a cargo of LNG that it plans to import to cool down its export …
Exxon, QatarEnergy JV Asks US Regulators for Permission to Re-Export LNG From October 1 Read More »
Producers described external “chaos” and “antics” as well as “noise” and “turmoil” in trying to manage their E&Ps, according to quarterly survey results from the Dallas Federal Reserve Bank.
(Reuters) – The U.S. has cleared the way for Enterprise Products Partners to resume ethane shipments to China, the company said on Wednesday, revoking a restrictive license requirement that was put in place just weeks ago as the U.S.-China trade war turned from tariffs to supply chains. The U.S. had placed new restrictions on ethane …
US Lifts Restrictions on Enterprise Product’s Ethane Shipments to China Read More »
