North America’s LNG Export Capacity Could More Than Double by 2029, EIA Says

Conventional Energy, Latest, LNG, US News / By

(Reuters) – Liquefied natural gas exporters in the U.S. have announced plans to more than double U.S. liquefaction capacity, adding an estimated 13.9 billion cubic feet per day (Bcf/d) by 2029, the U.S. Energy Information Administration said on Thursday. The EIA cited its Liquefaction Capacity File and trade press reports for the forecast, and added …

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US Electric Vehicle Sales Hit a Record as Incentives Disappear

Electric Vehicles, Energy Topics & Technology, Latest, US News / By

EVs are no longer niche By Kyle Stock Americans bought 438,500 electric cars and trucks in the third quarter, as drivers raced to grab federal incentives before they expired Sept. 30. Those transactions, the highest number in a single quarter, comprised 11% of all new car sales, eclipsing the previous high point of 8.7%, according …

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Energy Transfer Delays Lake Charles LNG Project Decision to 2026

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By Ruth Liao and Stephen Stapczynski Energy Transfer LP has pushed back its targeted final investment decision for the proposed Lake Charles liquefied natural gas export project in Louisiana to the first quarter of 2026 from the end of this year, according to people familiar with the matter. The company cited rising costs and the …

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India Refiners to Buy More US LPG in 2026, Cut Middle East Imports, Sources Say

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By Nidhi Verma India buys 90% of its LPG imports from the Middle East Indian refiners informed Middle East suppliers of a likely cut India wants to boost energy imports from the US NEW DELHI, Oct 16 (Reuters) – India plans to cut imports of liquefied petroleum gas from the Middle East as its state …

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Cost-Cutting vs Status Quo: Bidders Envision Starkly Different Futures for Citgo, Sources Say

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By Marianna Parraga and Arathy Somasekhar Hearing next week to help judge decide the auction’s winner If bid confirmed, Amber would advance streamlining plan Dalinar, still fighting for a shot, would take advantage of Citgo’s strengths HOUSTON, Oct 16 (Reuters) – An affiliate of Elliott Investment Management wants to cut costs at Venezuela-owned Citgo Petroleum …

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Prince Rupert as the Optimal Destination Port for an Alberta Crude Oil Pipeline – Assessing the Strategic, Economic, and Environmental Advantages on British Columbia’s Northern Coast

CDN and International News, Conventional Energy, Latest, Oil, Pipelines / By

With ongoing discussions about diversifying Alberta’s crude oil export routes, selecting the right destination port on British Columbia’s northern coast is critical. This analysis examines Prince Rupert as a prime candidate, highlighting why it stands out as the best choice for a new Alberta crude oil pipeline. Geographic and Logistical Advantages Prince Rupert is Canada’s …

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Putin Speaks on Oil, Gas, Coal and Nuclear at Russian Energy Week

CDN and International News, Conventional Energy, Latest, Oil / By

Here are some of the main parts of his speech. He spoke in Russian and his words were translated by Reuters. ON FUTURE OF OIL MARKET: “According to estimates, global oil demand this year will amount to 104.5 million barrels per day, more than a million more than last year. The main factors driving consumption …

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OIL GLUT CONFUSUION: Where are the Oil Barrels? IEA Gap Deepens Confusion Over Looming Glut

Conventional Energy, Latest, Oil, US News / By

Ron Bousso Summary International Energy Agency expects heavy oversupply in oil market Agency however reports 1.5 million bpd of ‘unaccounted’ oil in August IEA bearish outlook clashes with OPEC forecasts (Reuters) – The International Energy Agency continues to forecast a significant supply glut in the oil market, but uncertainty over the whereabouts of almost 1.5 …

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Oil Steady as Traders Ready for Possible Indian Halt of Russia Imports

Conventional Energy, Latest, Oil, Tri-Pinned / By

Summary Trump said India will halt Russian oil purchases India said its goals are to ensure stable energy prices, secure supply Bessent told Japan Finance Minister that US expects Japan to stop importing Russian energy The UK announced new sanctions targeting Russian oil (Reuters) – Oil prices were stable on Thursday as market traders prepared …

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Bessent Says US Expects Japan to Stop Buying Russian Energy

Conventional Energy, Latest, Natural Gas, Oil, US News / By

U.S. Treasury Secretary Scott Bessent said on Wednesday that he told Japanese Finance Minister Katsunobu Kato that the Trump administration expects Japan to stop importing Russian energy. “Minister Kato and I also discussed important issues pertaining to the U.S.-Japan economic relationship and the Administration’s expectation that Japan stop importing Russian energy,” Bessent said on X, …

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