Glenfarne Finalizes 20-Year LNG Supply Deal With South Korea’s POSCO
(Reuters) – Glenfarne’s Alaska LNG unit said on Thursday it finalized an agreement to supply 1 million tonnes per annum of liquefied natural gas to South Korean trading firm POSCO…
US LNG Exports Will Shrink if Margin Squeeze Intensifies: Bousso
Soaring U.S. natural gas prices are eroding profit margins for the nation’s LNG producers, a trend that could deepen in the coming years, forcing exports to drop as global competition…
Chevron to Spend up to $19 Billion Next Year in Focus on US, Guyana Oil Production
The range is at the low-end of previous guidance that put annual investment between $18 billion and $21 billion through 2030. The second-largest U.S. oil producer outlined a plan last…
Chevron to Spend Up to $19 Billion Next Year in Focus on US, Guyana Oil Production
(Reuters) – Chevron said on Wednesday that capital expenditure for 2026 will be between $18 billion and $19 billion as the oil major focuses on production in the U.S. and…
US Natgas Futures Climb 3% to 35-Month High on Record LNG Flows, Colder Weather Forecasts
(Reuters) – U.S. natural gas futures climbed about 3% on Wednesday to a 35-month high, on record flows to liquefied natural gas (LNG) export plants and forecasts for colder weather…
US Crude, Gasoline Stocks Rise, Distillate Inventories Fall, EIA Says
(Reuters) – HOUSTON, Dec 3 – U.S. crude and gasoline stocks rose while distillate inventories fell last week, the Energy Information Administration said on Wednesday. Crude inventories rose by 574,000…
US Crude Oil Imports From Mexico Fell to Record Low Last Week, EIA Says
(Reuters) – U.S. crude oil imports from Mexico fell by 431,000 barrels per day (bpd) to a weekly record low of 131,000 bpd in the week ended November 28, according…
Pipeline Operator Enbridge Forecasts Higher 2026 Core Profit
(Reuters) – Enbridge on Wednesday forecast higher core profit for 2026, as the Canadian pipeline operator expects to benefit from strong demand and new projects entering service. The company projected…
Technical Glitch Allowed Some Traders to Access US Oil Market Data Earlier Than Others
(Reuters) – The U.S. Energy Information Administration published its weekly petroleum status report more than half an hour later than expected on Wednesday due to technical issues, although some traders…
Oil Rises as Moscow Peace Talks Fail to Reach Breakthrough
(Reuters) – Oil prices climbed more than 1% on Wednesday after Russia said talks with U.S. officials in Moscow failed to reach a compromise on a potential Ukraine peace deal…
