Venezuela’s Oil Exports Rise to 9-Month High as Cargoes Return to US

Venezuela’s oil exports surpassed 900,000 barrels per day in August, the highest level since November, after energy producer Chevron received a license that has allowed the OPEC country’s crude to return to the U.S. market after a four-month pause, shipping data showed. The U.S. Treasury Department last month issued a restricted authorization for Chevron, one …

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EQT Signs 20-Year Deal with NextDecade for 1.5 MTPA of LNG from Rio Grande LNG Train 5

PITTSBURGH, Sept. 3, 2025 /PRNewswire/ — EQT Corporation (NYSE: EQT) announced today that it has secured 1.5 million tonnes per annum (MTPA) of liquefaction capacity under a 20-year Sale and Purchase Agreement (SPA) with NextDecade Corporation (NextDecade) at Train 5 of the Rio Grande LNG export facility in Texas. The agreement will be on a …

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US Tells Countries to Reject UN Ship Fuel Emissions Deal or Face Tariffs

(Reuters) – The United States has told countries to reject a United Nations’ marine fuel emissions-cutting deal or face tariffs, visa restrictions and port levies, U.S. and European officials and sources told Reuters. The Trump administration is looking to boost U.S. economic might, including by taking a bigger role in global shipping, and has used …

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ConocoPhillips Says it Will Cut Workforce by 20-25%, Shares Fall

(Reuters) – U.S. oil and gas producer ConocoPhillips will cut 20-25% of its workforce amid a broader restructuring program, a company spokesperson said on Wednesday. Shares of the company were down 4.7% to around $94. Employees received an email this morning containing a video message from CEO Ryan Lance detailing the plans, four ConocoPhillips sources …

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