US grants sweeping approval on LNG exports for next phase of Port Arthur
The US Department of Energy (DOE) has approved liquefied natural gas exports to non-free trade agreement (FTA) countries from Port Arthur LNG Phase II in Jefferson County, Texas. Port Arthur…
US grants sweeping approval on LNG exports for next phase of Port Arthur
The US Department of Energy (DOE) has approved liquefied natural gas exports to non-free trade agreement (FTA) countries from Port Arthur LNG Phase II in Jefferson County, Texas. Port Arthur…
Kazakhstan Can’t Make Supermajors Cut Oil Production
Kazakhstan cannot reduce its oil production as it has no right to impose output reductions on international firms that are operating more than 70% of Kazakhstan’s oilfields, Energy Minister Yerlan…
OKEA Discovers More Oil in Brage Field in Norwegian North Sea
OKEA ASA and its partners in production license 055 have made a discovery that is estimated to hold 300,000 to 2.8 million barrels of recoverable oil equivalent along the eastern…
Galp Expects New Field to Boost Its Production in Brazil by 40%
Portugal-based energy company Galp expects its oil production in Brazil to jump by 40% in the coming years as a new major field is set to begin production later in…
Libya’s Eastern Government Warns Of Force Majeure on Oil Ports and Fields
The eastern government of Libya may declare force majeure on oil export terminals and oilfields due to “repeated assaults on the National Oil Corporation (NOC),” said the government based in…
Saudi Arabia to Review Spending Priorities After Oil Price Slide
Saudi Arabia will review its spending priorities after the oil price decline, and will consider whether to delay or accelerate some projects, the Kingdom’s Finance Minister, Mohammed Al-Jadaan, told the…
Helix targets US investors with listing on venture market
Helium development firm Helix Exploration is targeting US investors by listing on the OTCQB venture market from today [29 May]. Shares will trade under ‘HHEXF’, complementing its listing on the…
Helix targets US investors with listing on venture market
Helium development firm Helix Exploration is targeting US investors by listing on the OTCQB venture market from today [29 May]. Shares will trade under ‘HHEXF’, complementing its listing on the…
Japanese Utility Set to Sign LNG Supply Deal From U.S. Lake Charles Project
Kyushu Electric Power will sign a 20-year supply agreement to receive LNG from Energy Transfer’s Lake Charles export facility if its development proceeds as planned. The supply deal will be…
Iran Closes Strait of Hormuz Again and Says its Negotiating Team With U.S. is Heading to Switzerland
