US Shale Oil Costs to Rise to $95/bbl by Mid-2030s, Analytics Firm Enverus Says
(Reuters) – The marginal cost of producing U.S. shale oil will rise by as much as $15 a barrel to $95 a barrel in about 10 years, energy analytics firm…
Rig Count, Frac Crew Count Fall in North Dakota, State Regulator Says
(Reuters) – There are currently 27 active rigs in North Dakota, down from 29 in August, according to the state’s Department of Mineral Resources on Tuesday. There are currently 12…
Chevron Exports of Venezuelan Oil Halved Under New US Authorization, Sources Say
(Reuters) – U.S. oil major Chevron is only able to export about half the crude its joint ventures produce in Venezuela with the latest rules laid out by Washington, three…
Cheniere’s Biggest LNG Plant Pulling Less Gas on Tuesday, LSEG Data Shows
(Reuters) – Gas flow into the largest U.S. liquefied natural gas (LNG) plant fell nearly 600 million cubic feet on Tuesday from Monday, short of peak demand by 1.4 billion…
Golden Pass Receives US Approval to Re-Export LNG as Start Nears
By Golden Pass LNG Terminal LLC has been granted permission to re-export LNG from the facility as the facility prepares for start-up at the end of this year. Get the…
KKR, Blackstone Make $17 Billion Natural Gas Bet After AI Boost
By and Investment giants KKR & Co. and Blackstone Inc. are leading a combined $17 billion investment in the natural gas industry, marking a massive push of private funds into…
Trump Says He Will Call Orbán to Urge End to Russian Oil Imports
(Reuters) – U.S. President Donald Trump said on Tuesday he plans to call Hungarian Prime Minister Viktor Orbán to urge him to stop purchasing Russian oil, part of a broader…
Trump Takes Aim at UK’s ‘Suicidal’ Push Away From North Sea Oil
By and US President Donald Trump scolded the UK for its green-energy push in a roughly hour-long speech at the United Nations in which he criticized many of America’s closest…
TC Energy Bets on US Even as Canada Plans LNG Expansion
By TC Energy will focus on ramping up US investments to meet soaring power demand despite signals Canada is showing a more energy-friendly stance. Get the Latest US Focused Energy…
Trump DOJ Argues Michigan Effort to Shut Down Line 5 Underwater Pipeline Interferes with US foreign Policy
The pipeline, known as Line 5, has moved crude oil between Superior, Wisconsin, and Sarnia, Ontario, since 1953. A 4.5-mile (6.4-kilometer) segment of the line runs under the Straits of…
