Trending News: Bulgaria’s Lukoil Refinery Slashes Costs By $8 MillionOil Demand Slumped by 614,000 Bpd in December on U.S. DeclineSaudi Oil Catches Up as India Buyers Navigate Russia SanctionsVideo | Virginia Esly: gasworld’s Specialty Gas Summit 2026Air Liquide lifts margin above 20% in full-year 2025 resultsDeveloper secures funding for New South Wales biohubCenovus Energy Q4 Earnings Skyrocket on Record ProductionUS Distillate Fuel Demand Rose in Latest Week to Four-Year High Last Week, EIA SaysPrivate Equity Targets Clean Energy After Steep Drop-Off in 2025Trump-Backed Gas Project Has Competitors Rattled Over RisksEQT Expects $1 Billion Windfall on Storm-Driven Gas Price RallyTrump Admin Threatens To Withdraw From IEA Over Net Zero AgendaHungary Weighs Cutting Power and Gas Shipments to UkrainePipeline Operator Kinetik Prepares Sale ProcessTrump Presses Iran to Make ‘Meaningful’ Deal, Appears to Set 10-Day DeadlineUS Crude and Fuel Stocks Fall, EIA SaysIndia Considers Boosting Imports of U.S. Oil and CoalNigeria to Channel All Oil Proceeds to Boost Federal FinancesSpain’s Repsol Reveals Massive $5.4 Billion Debt From VenezuelaTurkey Opposes Greece-Chevron Exploration Deal Offshore CreteINOX backs Indian Railways LNG trial with 40% diesel cutUpcoming webinar: How is digital gas detection tech reshaping safety?CarbonQuest lands first CCS contract in CanadaCarbon Neutral Fuels selects industry trio for first UK wastewater SAF projectOil Prices Extend Gains on Concern Over Potential US-Iran ConflictUS Energy Secretary Wright Pressures IEA to Quit Net Zero AgendaOil Companies Jostle for Projects to Boost Venezuelan Output Quickly; A Real Grind AwaitsU.S. to Redirect Venezuelan Oil Royalties Into a Treasury-Controlled FundCalifornia Leads 13 States in Lawsuit Over Canceled Clean Energy FundsDNV launches industrial services divisionOil Extends Wednesday RallyWeek in Africa: KenGen & Kenya Power Profit Surge; EGA Expands SA Solar Manufacturing and More…Philippines REC Market Set To Double By 2032 Amid Clean Energy PushGlobal clean power PPAs fall for first time in a decadeAlternergy Holdings Corporation Reports Q2 FY2026 Profit Growth Driven By Solar ExpansionDepartment Of Energy Approves Hybrid Microgrid Project To Deliver 24/7 Power In Quezon ProvinceOman Emerges As A Global Renewable Energy Manufacturing Hub Under Vision 2040Ovintiv To Sell Anadarko Energy Assets In $3 Billion DealLibya Awards Fuel Supply Deals To Western Firms, Aims To Cut Russian ImportsU.S. Crude Oil Inventories Plunge Following Massive BuildVideo | Virginia Esly: Messer’s Hyoffwind projectExxonMobil brings second Louisiana CCS project onlineRussia Slows Oil Drilling as Funds under PressureLegal coalition sues US federal government over clean energy spending curbsLegal coalition sues US federal government over clean energy spending curbsLegal coalition sues US federal government over clean energy spending curbsIreland gains insights from UK’s first industrial scale biomethane plantUS Natural Gas Futures Sink to Four-Month Low on Warm ForecastUS Energy Chief Downplays Interest in Greenland’s Rare EarthsJapan, US Reach $36 Billion of Gas, Mineral Deals in Trump PactCalifornia, Colorado and Washington Sue Trump Administration to Unlock Funding for Clean Energy ProjectsUS Refiners Phillips 66, Citgo Seek to Buy Crude Directly From Venezuela, Sources SayU.S. Attacks Alleged Drug Boats as Venezuela Oil Crackdown EscalatesUS seeks to boost nuclear energy ties in Slovakia, HungaryRussian regulator issues operating licence for second Zaporizhzhia unitOpenStar demonstrates dipole fusion reactor conceptNigeria orders NNPC to remit more oil, gas revenue to state accounts in major fiscal reformCroatia aims for 30% nuclear energy by 2040The Staggering Cost of Nigeria Missing OPEC+ Oil QuotasWhich USA Oil Major Produced the Most in 2025?SM Energy to Sell Some Texas Assets for $950 MillionMapped: What Powers Each U.S. State and Canadian Province? – Visual CapitalistGolden Pass Moves Closer to Producing First LNGMicrosoft to Keep Buying Enough Renewable Energy to Match All its Electricity NeedsCOMMENTARY: Booming LNG Exports May Get Dragged into US Cost-of-Living DebateU.S. Threatens to Quit IEA Over Green Energy AdvocacyBig Tech Turns to Uranium as Data Center Power Demand SoarsIran Leans on Russia to Develop OilfieldsBLM failed to collect nearly $1m in helium royalty fees, finds watchdogBLM failed to collect nearly $1m in helium royalty fees, finds watchdogChris Wright Says Venezuela Could Boost Output by “Several Hundred Thousand Bpd by Year‑End”Oil Gains Nearly 3% After Abrupt End to Russia-Ukraine TalksChina Isn’t Importing Any US LNG, But It’s Still in the Game: BoussoTexas Based E&P Firm to Deploy Up To $1B in 2026Eni Considers Return to Oil Trading as Rivals Reap BillionsIEA Chief Warns Fracturing Global Order Is Splintering Energy PolicyAsia’s Crude Oil Imports Set for Record High in FebruaryLNG and gas investments to underpin US–Japan trade dealTop Stories Of The Day: SECI Floats 10 MW Solar + BESS in Odisha; AI-Driven Renewables Must Cut Power Bills Says MNRE and More…Philippines Launches MTerra Solar, the World’s Largest Integrated Solar and Battery Storage ProjectGuyana Fast-Tracks Gas Expansion as Oil Cash Piles UpOil Prices Rebound as as Traders Reassess Iran DealSantos to Axe 10 Pct of Workers after Decline in Annual ProfitLaos Signs Deal For 100 MW Solar Project To Boost Energy Exports And Domestic Grid StabilityFrance’s Elengy appoints new CEO to drive LNG and CCUSCambodia Launches 60 MW Solar Project To Boost Clean Energy And Grid CapacityNORD/LB Provides €32.5 Million Financing For 32 Solar Farms By Sun Investment Group Across Poland, Supporting 59 GWh Of Annual Clean Power From 2026–2027Podcast | Industrial gases in 2026Video | Virginia Esly: Electronic specialty gasesUK report makes case for fossil fuels as energy choices laid bareUK report makes case for fossil fuels as energy choices laid bareAFC Energy receives hydrogen permit for UK pilot ammonia cracking plantOvintiv to Sell its Anadarko Assets for $3 BillionDrone Strikes Force Russia to Reroute Massive Crude Oil ExportsFrance Fines Russia-Linked Oil Tanker Millions in Sanctions CrackdownEQT Corp Beats Quarterly Profit Estimates on Higher Natgas PricesExpand Energy Beats Fourth-Quarter Profit Estimates, Plans $1 Bln Debt Cut in 2026Berkshire-Owned PacifiCorp, Citing Liquidity, Sells Washington Assets to Portland General Electric for $1.9 BillionU.S. Energy Chief Warns U.S. Could Quit IEA if Agency Keeps Focus on ClimateBlue Capsule begins building sodium test loop

Oil Giant Saudi Aramco in Talks With Commonwealth LNG for Offtake Agreement, Sources Say

Business & Policy
July 9, 2025

(Reuters) – Oil giant Saudi Aramco is in talks with Commonwealth LNG to buy liquefied natural gas from the U.S. company’s facility in Cameron, Louisiana, as it seeks to strengthen its position in the superchilled fuel market, four people told Reuters on Wednesday.

Talks are for 2 million tons per annum (mtpa), two of the people said.

Both Aramco and Commonwealth LNG did not immediately respond to Reuters requests for comment.

Aramco is looking to expand its fast-growing portfolio of LNG, which is set to grow globally by 50% by 2030, especially in the United States, where LNG capacity is set to almost double over the next four years. It has already signed deals with other U.S. players, including NextDecade’s Rio Grande LNG.

Reporting by Marwa Rashad in London and Curtis Willians in Houston; Editing by Nina Chestney and Tomasz Janowski