Wood to support Rio Grande LNG under new contract
Global engineering consultancy Wood has been awarded a ten-year maintenance contract with liquefied natural gas company NextDecade for its Rio Grande LNG export facility in Brownsville, Texas. Under the contract,…
EIA Ups Brent Price Forecast, Still Sees Drop in 2026
In its latest short term energy outlook (STEO), which was released on December 9, the U.S. Energy Information Administration (EIA) increased its Brent price forecast for 2025 and 2026 but…
EnviTec Biogas expands in Germany
Germany-based EnviTec Biogas has signed three new contracts with first-time customers in Bavaria, Bremen and Saxony-Anhalt. All newly secured projects involve gas upgrading plants that will be manufactured at EnviTec’s…
Trump Reopens Alaska’s Arctic to Oil Drilling
President Trump has removed legislative protections from the Biden presidency that restricted oil and gas exploration in Alaska, including the Arctic National Wildlife Refuge and federal lands in the state.…
Global EV Growth Slows as U.S. Demand Falls and China’s Market Levels Off
An almost flat month for electric vehicle sales in China drove a slowdown in global sales of the vehicles in November, with the United States booking a decline after the…
Brazil Oil Output Rebounding from Outages
Brazilian oil output is rebounding from outages that removed more than 300,000 barrels a day last month, highlighting how Latin America’s largest crude producer can confound OPEC efforts to micromanage…
House Vote Reignites Fight Over Who Controls America’s Pipeline Buildout
The House on Thursday narrowly approved the PERMIT Act, a Republican-backed measure that would roll back the authority states have used for years to block major pipeline projects under the…
Trump Zeros In on Venezuela’s Oil Networks
Washington moved aggressively back into Venezuela’s oil sector on Thursday, sanctioning Maduro family members, a longtime business ally, and six companies operating tankers that have kept PDVSA’s exports alive through…
Oil Prices Drop 2% Despite Wave of Bullish News
Oil prices slid nearly 2% on Thursday in a move that ran against a rare alignment of bullish signals—from OPEC’s upbeat December MOMR to a softer glut forecast from the…
Air Water to build ASU for Texas City blue methanol plant
Air Water Gas Solutions, a subsidiary of Air Water America, will build an air separation unit to support the production of 1.1 million tonnes of blue methanol at Sandpiper Chemicals’…
