Venezuela Defies U.S. Sanctions as Oil Exports Hold Steady

Venezuela’s oil exports remained largely unchanged in May despite mounting pressure from the U.S. and the expiration of key licenses that once allowed limited sanctioned trade. Increased shipments to China…

USA Energy Secretary Issues Emergency Order

A release posted on the U.S. Department of Energy (DOE) website recently announced that U.S. Secretary of Energy Chris Wright had issued an emergency order “to minimize the risk of blackouts and…

  • Gas
  • June 4, 2025
Bio-LNG supply too limited for shipping needs, says Rystad

A new analysis from Norway-based energy research firm Rystad Energy warns that global supply of bio-liquefied natural gas (bio-LNG) is unlikely to meet projected demand from the shipping sector, raising…

  • Gas
  • June 4, 2025
Glenfarne records $115bn of partner interest in Alaska LNG

Glenfarne Alaska LNG has reported $115bn-worth of “strategic partner interest” in the Alaska LNG project. More than 50 companies from the US, Japan, Korea, Taiwan, Thailand, India, and the EU…

  • Gas
  • June 4, 2025
Glenfarne records $115bn of partner interest in Alaska LNG

Glenfarne Alaska LNG has reported $115bn-worth of “strategic partner interest” in the Alaska LNG project. More than 50 companies from the US, Japan, Korea, Taiwan, Thailand, India, and the EU…

The OPEC+ Nations That Were Reluctant to Boost Production

Unlike Russia and Oman, Algeria wasn’t initially in favor of a pause in the OPEC+ oil production increases at this weekend’s meeting, Bachar El-Halabi, senior correspondent at Argus Media, reports,…

Diamondback Unit to Buy Sitio Royalties in $4-Billion All-Stock Deal

Viper Energy, a subsidiary of Diamondback Energy, will buy mineral and royalty company Sitio Royalties Corp in an all-equity deal valued at around $4.1 billion, including the target company’s debt.…

Crude Processing At One of Europe’s Top Refineries Goes Offline

BP’s refinery in Rotterdam had both its crude units offline on Tuesday morning, Reuters reports, citing energy consultancy Wood Mackenzie. A crude unit with a capacity of 200,000 barrels per…

  • Gas
  • June 3, 2025
LNG round-up: moves from Purus, XRG, and Venture Global

It’s been a busy day in the LNG sector with notable updates involving capacity, strategies and development. Maritime services firm Purus has placed an order for a 180,000 cubic metres…

  • Gas
  • June 3, 2025
UK gas network operator awards biomethane tech contract to Utonomy

UK-based technology company Utonomy has won a contract from gas distribution network firm SGN to supply its remote pressure control and management solution to increase biomethane feed-in at SGN’s Sheppey…