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BP’s 440,000-bpd refinery in Whiting, Indiana, is expected to be fully operational in the next 24 to 48 hours, industry monitor IIR said on Monday. The refinery experienced operational upsets last week due to flooding caused by a severe thunderstorm that swept through the state. BP declined to comment on the refinery’s restart timeline. The …
(Reuters) – Ukraine has stepped up drone attacks on Russian oil refineries and exporting infrastructure, striking the most important sector of President Vladimir Putin’s economy to show it can fight back as the United States seeks to broker a peace deal. The attacks disrupted Moscow’s oil processing and exports, created gasoline shortages in some parts …
Russian Oil Refineries, Terminals Burn as Ukraine Hits Putin’s War Economy Read More »
(Reuters) – Tokyo Gas is in discussions with Venture Global to purchase 1 million metric tonnes per annum of liquefied natural gas from the company’s CP2 export facility, three people with knowledge of the talks told Reuters on Monday. Venture Global is the second largest U.S. LNG exporter and since 2023 has been the main …
Tokyo Gas in Talks to Buy 1 mtpa of LNG From Venture Global, Sources Say Read More »
President Vladimir Putin said on Friday that there was “light at the end of the tunnel” in Russia-U.S. relations and that the two countries were discussing joint projects in the Arctic and Alaska. The Russian president, answering questions during a visit to a nuclear research centre, said he was sure that U.S. President Donald Trump’s …
The U.S. Department of Energy said on Friday it had granted Energy Transfer additional time to start exports from the Lake Charles LNG facility under its non-Free Trade Agreement export permit. “On the heels of President Trump’s historic trade negotiations, demand for secure, reliable American LNG is surging,” Energy Secretary Chris Wright said in …
US Dept of Energy Grants Lake Charles LNG More Time to Start Exports Read More »
Summary Radioactive, fissile plutonium from Cold War a headache for US US wants to halt disposal of it, use 20 metric tons for fuel Trump administration sees it as potential fuel for new reactors Critic points out similar program failed due to costs (Reuters) – The Trump administration plans to make available about 20 metric …
Trump Plans to Make Cold War-Era Plutonium Available for Nuclear Power Read More »
By Georgina Mccartney Potential stronger sanctions against Russia back in focus Prices also supported by US crude stocks drawdown German economic data raises concerns over demand HOUSTON – Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a potential peace deal between Russia and Ukraine, with prices gaining on the week for …
Oil Prices Rise, Make Weekly Gains as Ukraine Peace Process Stalls Read More »
(Reuters) – Oil output in North Dakota is set to rise in August as operators bring back online some production they had curtailed after oil prices sank earlier in the year, the state regulator said on Friday. Oil prices fell to multi-year lows last quarter after U.S. President Donald Trump unveiled an extensive list of …
CALGARY – Cenovus Energy Inc. has signed a cash-and-stock deal to buy MEG Energy Corp. that values the company at CDN $7.9 billion, including debt. The deal comes after Strathcona Resources Ltd. made an unsolicited offer for MEG in June that the company urged shareholders to reject. MEG chairman James McFarland says the Cenovus deal …
CANADIAN MEGA DEAL – Cenovus Signs Cash-and-Stock Deal to Buy MEG Energy Read More »
U.S. liquefied natural gas exports will soar by roughly 10% a year through 2030 as energy firms double their LNG production capacity, according to analysts, providing a shot in the arm to the country’s maturing shale industry which has seen growth slow and costs rise. The U.S. is the world’s largest oil and natural gas …
Surging US LNG Exports to Fuel Gowth in Shale Gas Production Read More »
