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Summary Crude falls after 1% gain in previous session US demand to ease at the end of summer driving season Russian oil supplies through Druzhba pipeline restart Indian buying pattern of Russian oil in focus LONDON, Aug 28 (Reuters) – Oil fell on Thursday after rising in the previous session, pressured by expectations of lower …
Oil Falls as End of Driving Season Looms, Druzhba Pipeline Restarts Read More »
(Reuters) – EQT Corp is in talks to take a supply of liquefied natural gas from NextDecade’s export terminal, which is being built in Texas, Bloomberg News reported on Wednesday, citing people familiar with the matter. Under the terms of the potential deal, EQT would load the super-chilled fuel from the Rio Grande LNG export …
(Reuters) – BP’s 440,000-barrel-per-day refinery in Whiting, Indiana, is back to operating at normal rates after taking multiple units offline due to a severe thunderstorm last week, industry monitor IIR said on Wednesday. Operations at the Whiting refinery were affected due to flooding after a thunderstorm swept through the region. BP did not immediately respond …
BP Refinery in Whiting, Indiana, Back to Normal Operations Read More »
(Reuters) – EQT Corp is in talks to take a supply of liquefied natural gas from NextDecade’s export terminal, which is being built in Texas, Bloomberg News reported on Wednesday, citing people familiar with the matter. Under the terms of the potential deal, EQT would load the super-chilled fuel from the Rio Grande LNG export …
EQT in Talks With NextDecade for LNG Supply, Bloomberg News Reports Read More »
(Reuters) – The United States imported crude oil from Venezuela last week for the first time since Washington gave Chevron Corp a new license to operate in the South American country, data from the Energy Information Administration showed. About 74,000 barrels per day of Venezuelan crude oil arrived at U.S. ports in the week ended …
US Imported Venezuelan Crude Oil For The First Time Last Week Since July, EIA Says Read More »
(Reuters) – U.S. crude stocks, gasoline, and distillate inventories fell last week as demand rose, the Energy Information Administration said on Wednesday. Crude inventories fell by 2.4 million barrels to 418.3 million barrels in the week ended August 22, the EIA said, compared with analysts’ expectations in a Reuters poll for a 1.9-million-barrel draw. Crude …
US Crude Stocks, Fuel Inventories Fall as Demand Rises, EIA Says Read More »
(Reuters) – U.S. natural gas futures rose over 3% on Wednesday after a sharp decline earlier this week, buoyed by bargain buying and strong LNG export flows. Front-month gas futures for September delivery on the New York Mercantile Exchange traded 9.7 cents higher, or 3.6%, to $2.81 per million British thermal units at 10:18 a.m. …
US Natgas Rises Over 3% on Bargain Buying, Strong LNG Export Flows Read More »
Sempra will supply 2 million tonnes per annum (Mtpa) of liquefied natural gas from the Port Arthur LNG Phase 2 development project to EQT Corp for 20 years, the companies said on Wednesday. Commercial activity in the U.S. LNG sector has been increasing rapidly after President Donald Trump lifted a moratorium on new liquefied natural …
EQT to Buy LNG From Sempra’s Port Arthur Phase 2 Project Read More »
Ron Bousso Summary Petrochemicals supply to exceed demand by 20-25% by 2030 South Korea to cut capacity in reponse to US tariffs China considers closing loss-making plants (Reuters) – U.S. President Donald Trump’s trade wars are nudging the global plastics industry toward a painful but necessary restructuring to address acute overcapacity that has kept the industry’s profits …
Trump Tariffs Force Much-Needed Petrochemicals Contraction Read More »
By Nichola Groom (Reuters) – U.S. President Donald Trump has used his second term in the White House to stymie development of wind and solar energy facilities that were a cornerstone of former President Joe Biden’s climate and energy agendas. Here is a timeline of actions his administration has taken to unravel federal support for …
A Timeline of Trump’s Moves to Dismantle the US Wind and Solar Energy Industries Read More »
