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By Thomas Seal Canada cleared a C$10 billion ($7.3 billion) floating facility to export liquefied natural gas off its northwest coast as soon as 2028. Ksi Lisims LNG — backed by Blackstone Inc.-funded Western LNG, as well as Rockies LNG Partners and the Nisga’a Nation, an Indigenous group that owns the development land — is …
Canada Approves Blackstone-Backed West Coast LNG Export Project Read More »
By Emma Sanchez Natural gas cash prices in West Texas, which dipped below zero in recent days, sank to the lowest in almost 14 months, as traders expect pipeline maintenance in the area to stifle movement of the fuel for some time. Gas for next-day delivery at the Waha hub in the prolific Permian region …
West Texas Gas Falls to 14-Month Low as Negative Prices Persist Read More »
Plains All American’s crude oil pipelines linking the Permian shale basin to the Corpus Christi export hub are facing quality issues related to high mercaptans, or naturally-occurring sulfur compounds, according to sources familiar with the matter and a notice seen by Reuters. Plains in recent days has sent notices to shippers that it will begin …
Plains All American’s Permian Pipelines Facing Quality Issues Read More »
(Reuters) – The natural rate of decline in output from the world’s oil and gas fields is speeding up, owing to more reliance on shale and deep offshore resources, the International Energy Agency said on Tuesday. That means companies will need to step up the pace of investment just to keep output flat. The report …
Summary Cattle suppliers to Diamond Green Diesel linked to Amazon deforestation Airlines such as JetBlue and Southwest have bought fuel from Diamond Supporters say fuel made from beef tallow is unlikely to encourage illegal ranching XINGUARA, Sept. 16 (Reuters) – A Texas refinery that supplies green fuel to U.S. airlines has been purchasing animal fat …
How a Texas Refinery Turns Amazon-Destroying Cattle into ‘Green’ Jet Fuel Read More »
Summary Russia oil supplies in focus after drone attacks Markets eye Fed meeting for clues on macroeconomy Analysts expect US crude inventory declines last week (Reuters) – Oil prices held steady on Tuesday as markets weighed potential supply disruption from Russia after Ukrainian drone attacks on its refineries and the prospect of a U.S. central …
Oil Steadies as Market Weighs Russia Supply Risk and US Rate Decision Read More »
(Reuters) – California lawmakers passed a bill over the weekend that would allow the construction of thousands of new oil wells annually in the Golden State in a bid to make oil supply more affordable for refineries and keep fuel prices in check for consumers. The new bill, SB 237, would award the oil-rich Kern …
California Lawmakers Pass Bill to Boost Oil Production Read More »
By Arathy Somasekhar and Curtis Williams Woodside bullish on LNG demand despite TotalEnergies’ market glut warning Louisiana LNG facility is largest foreign investment in state’s history Exports to target Europe and Asia, starting in 2029 (Reuters) HOUSTON, Sept 15 – Woodside Energy expects global LNG demand to grow 50% over the next decade, CEO Meg …
Woodside Energy Expects Demand for LNG to Grow 50% Over Next Decade Read More »
(Reuters) – U.S energy firm Chord Energy said on Monday it would buy assets in the Williston Basin from Exxon Mobil’s unit XTO Energy for $550 million. The Williston Basin is located in parts of North Dakota, Montana and Canada, and is a major U.S. shale oil and gas region centered by the Bakken formation. The …
Chord Energy to Buy Assets in Williston Basin for $550 Million Read More »
HOUSTON–(BUSINESS WIRE)–Woodside Energy today celebrated the rapid progress in developing the $17.5 billion Louisiana LNG Project at a groundbreaking ceremony attended by leaders from the local community and state and federal governments. Since announcing a final investment decision (FID) on the project on 29 April 2025, the construction workforce has ramped up to almost 900 …
