Trump Tariff Threat Pushes Oil to Five-Month Low
By Brent and WTI crude prices fall to levels last seen in spring Gaza ceasefire shifts focus to potential oil surplus OPEC production increases, U.S. output seen leading glut HOUSTON,…
Exxon Restarts FCCU at Beaumont, Texas, Refinery, Sources Say
By HOUSTON, Oct 10 (Reuters) – Exxon Mobil restarted the gasoline-producing fluidic catalytic cracking unit on Thursday at its 612,000-barrel-per-day Beaumont, Texas, refinery, people familiar with plant operations said. Get…
Oil Prices Edge Down as Risk Premium Fades After Gaza deal
(Reuters) – Oil prices declined on Friday, after settling around 1.6% lower in the previous session, as the market’s risk premium faded after Israel and Hamas agreed to the first…
Venture Global Shares Slide After BP Wins Arbitration Case Over LNG Cargoes
BP, Shell, Edison and Galp had filed arbitration claims accusing the U.S. company of profiteering by selling LNG commissioning cargoes at higher spot market prices, rather than at long-term contracted prices.…
BP Wins Arbitration Case Against Venture Global Over LNG Cargoes
The BP ruling contrasts with a decision in August that saw Venture Global prevail in a similar complaint from Shell. BP is seeking damages of more than $1 billion plus interest,…
US Grants License to Shell, Trinidad to Develop Venezuelan Gas Field, Official Says
By Shell completed marine survey in Q2 to determine drilling locations, pipeline design First stage of new license allows parties to negotiate through April 2026 US companies must be included…
US Imposes Sanctions on China Refinery, Others for Iran Oil Purchases
By Fourth round of US Iran sanctions that target a China refinery US also sanctions first Chinese petrochemical terminal Trump says would like Iran to be able to rebuild WASHINGTON,…
Liquified Natural Gas Risks Becoming a Bridge to Nowhere
By The conventional wisdom says liquified natural gas is the future of energy — bridging the gap between the world abandoning fossil fuels and renewable supplies coming online. But that…
COMMENTARY: How Our “Knowledge System” Catastrophizes The Side-Effects of Fossil Fuels – Alex Epstein
By Alex Epstein This is the second of 11 “Alex Notes” on my book —like Cliff’s Notes, but actually written by the author. (.) Get the Latest US Focused Energy News…
Oil Little Changed as Investors Weigh Gaza Ceasefire, Stalled Ukraine Talks
Summary Israel and Hamas agree to Gaza ceasefire, return of hostages US oil product supplied highest since December 2022, EIA says Stalled peace talks in Ukraine underpin prices LONDON, Oct…
