Venture Global Asks FERC to Approve Calcasieu Pass Opening
Shell’s CEO says he expects an update to the company’s ongoing arbitration with Venture Global.
East Daley: Midstream Investors Drawn to Southeast as Demand Heats Up
Competition for gas supply will heat up as demand from data centers and new LNG projects jockey for a spot on takeaway lines.
Shell Raises Shareholder Distributions and LNG Sales Target, Trims Spending
Shell trimmed its annual investment budget to a $20 billion to $22 billion range through 2028 after spending $21.1 billion last year.
Oil Loading Slows at Venezuela’s Ports Amid US Tariffs, License Termination, Data Shows
Loading of Venezuela’s heavy crude at its main oil ports slowed this week after the Trump administration imposed a 25% tariff on trade with countries buying the South American nation’s oil.
Ithaca Grows in UK North Sea with $193MM JAPEX Deal
Ithaca Energy is paying $193 million to acquire JAPEX UK E&P, which holds a 15% working interest in the Seagull oil field of the U.K. Central North Sea.
Charif Souki Plans Third US NatGas Venture, Including E&P Team
Charif Souki, co-founder of the Lower 48’s first and largest LNG exporter, has his sights set on a third natural gas venture just months after his exit from Tellurian Inc.
US Army Corps to Narrow List of Emergency Energy Projects by Next Week
(Reuters) – The Army Corps of Engineers will complete as soon as next week its revised list of energy projects that could be fast-tracked under President Donald Trump’s declaration of a national energy emergency, a U.S. Army Corps official told Reuters. The Army Corps, a federal engineering service with permitting authority over projects involving wetlands …
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How Russian Energy Trade Might Change if Sanctions are Eased
As talks aimed at ending the war in Ukraine continue, a potential relief in sanctions imposed on Russia, including its vast energy sector, is one of the issues on the agenda. Oil and gas exports are a key revenue source for Moscow and the sector has been subject to Western sanctions since 2014, when Russia …
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ENGIE Adds 900 MW Solar, Storage to Portfolio from Ares Management
The addition brings ENGIE North America and Ares Management’s partnership to 3.7 gigawatts of investment in U.S. generation.
In Colorado, the Regulatory Noose Tightens for E&Ps
More stringent rules on everything from drilling and orphan wells to emissions is raising the cost of fossil fuel production in the state.