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…
Orsted Axes Quarter of Jobs, Pivots to Europe After US Setbacks Under Trump
Summary Orsted plans to cut 2,000 jobs by 2027 Danish company to focus more on offshore wind and Europe Reuters) – Orsted, the world’s biggest offshore wind farm developer, will…
COMMENTARY: Texas Wind Speeds in Focus As Rare Fossil Fuel Output Cut in Reach
By LITTLETON, Colorado, Oct 8 (Reuters) – Texas’s main power generation system is on track for a rare contraction in fossil fuel-fired generation in 2025, as long as output from…
Canada Floated Keystone XL Revival in Tariff Discussion With Trump, Source Says
(Reuters) – Canadian Prime Minister Mark Carney raised the prospect of reviving the Keystone XL oil pipeline from Alberta to the United States during his Tuesday meeting with U.S. President…
