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The US liquefied natural gas industry will be watching this week’s meeting between Donald Trump and Xi Jinping for any sign Beijing will remove tariffs on American LNG. Such a move could open the floodgates for billions of dollars’ worth of new supply deals. China imposed a 15% levy on imports of the super-chilled fuel …
US LNG Producers Eye Bonanza If Trump and Xi Can Ease Tariffs Read More »
By Fabiola Zerpa, Mie Dahl, and Peter Millard The US-backed venture will struggle to reach its production goal, experts say. The success of the Trump administration’s blockbuster Venezuela oil deal is riding on fields that are aging, degraded or expensive to access. The agreement last month with Alejandro Betancourt, an energy mogul with a controversial …
Trump’s Venezuela Oil Deal Hinges on Decrepit and Distant Fields Read More »
By Stephen Stapczynski and Ruth Liao China’s leader Xi Jinping will arrive in Washington this week with at least one easy option to score points with the Trump administration — a commitment to revive a $6 billion-a-year trade in US liquefied natural gas. The US is the world’s largest exporter of LNG and China is …
Trump-Xi Talks Could Mean $6 Billion of US Gas for China Read More »
The world’s second largest economy has increased its crude oil imports for two months following a trough in June By Gigi Suhanic China could once again wield its hand in the crude oil market after the world’s largest importer of the fossil fuel helped keep prices from rising more than they did, say oil market …
Rising Imports of Oil by China Pose Another Risk to the Price of Crude Read More »
(Reuters) – A new shuttling system is reshaping the Middle East oil market, as producers seek to keep exports flowing despite the escalating regional conflict. The question now is whether this complex, expensive process is a stopgap measure or the global energy market’s new normal. Several miles off Oman’s coast, south of the Strait of …
Hormuz Shuttles Keep Oil Flowing, But at a High Cost: Bousso Read More »
(Reuters) – Partners in the Shell-led LNG Canada export project could reach a final investment decision on its Phase 2 expansion as early as next month, three people familiar with the matter told Reuters. The expansion would add a further 14 million metric tons per annum (mtpa) of liquefied natural gas export capacity to the …
ENERGY NORTH: Shell-Led LNG Canada Could Approve Phase 2 Expansion By Early October Read More »
EnergyNow Media Allison Minor says attacks on Saudi energy infrastructure, disrupted shipping routes and the Trump administration’s reluctance to intervene are creating continued upside risk for oil prices. Global oil prices are unlikely to decline significantly in the coming months as escalating Houthi attacks threaten Saudi Arabia’s energy infrastructure and critical Red Sea export routes, …
EnergyNow Special Report Canada brings an enormous low-cost resource base, while the United States provides market scale, infrastructure and access to growing demand. Canada and the United States operate two of the world’s largest and most technologically advanced natural gas industries. They compete for investment and customers, but they also function as parts of a …
Iran warned on Sunday against any big new attack by the United States and its allies, saying it had information such a move was being prepared, adding to the anxiety in a region already on edge after drone and missile strikes on Saudi Arabia. Iran’s military central command said on state media that any new …
Iran Warns Against New Escalation by US and Allies Read More »
Two people died in Ukrainian drone attacks in the Moscow region and an oil refinery in Russia’s capital was hit, authorities said on Sunday, as Russia enters the final day of parliamentary elections. Ukraine and Russia have continued attacks on each other’s energy infrastructure despite an announcement by US President Donald Trump on Monday …
Two Dead in Moscow Region, Drones Hit Oil Refinery in Russian Capital Read More »
