Venezuela’s Oil Exports Rise to 9-Month High as Cargoes Return to US
The resumption of Chevron flows to the U.S., coupled with larger cargoes to Venezuela’s primary destination of China, led to a 27% increase in exports last month to an average…
US Tells Countries to Reject UN Ship Fuel Emissions Deal or Face Tariffs
(Reuters) – The United States has told countries to reject a United Nations’ marine fuel emissions-cutting deal or face tariffs, visa restrictions and port levies, U.S. and European officials and…
ConocoPhillips Says it Will Cut Workforce by 20-25%, Shares Fall
(Reuters) – U.S. oil and gas producer ConocoPhillips will cut 20-25% of its workforce amid a broader restructuring program, a company spokesperson said on Wednesday. Shares of the company were…
Oil Prices Drop as OPEC+ Weighs Another Output Hike
(Reuters) – Oil prices fell by about 2% on Wednesday ahead of a weekend meeting of OPEC+ producers that is expected to consider another increase in production targets in October.…
Putin’s Energy Wins in China Deal a Blow to Trump’s Export Push
China has brought Power of Siberia 2 a step closer to becoming reality and appears to have agreed to expanded capacity on other routes, tightening its ties with Russia. The…
Energy Chief Says High Power Bills Are His Top Concern
Chris Wright Takeaways by Bloomberg AI Energy Secretary Chris Wright says soaring US electricity prices are his biggest concern. Electricity prices across the country rose at more than twice the rate…
US Records Highest Ever LNG Exports in August
(Reuters) – U.S. exports of liquefied natural gas (LNG) reached an all-time high in August as plants exited planned maintenance programs and Venture Global’s Plaquemines facility continued to increase output,…
Enbridge Gives Go Ahead for Two Natural Gas Transmission Projects
CALGARY – Enbridge Inc. says it is going ahead with a pair of natural gas transmission projects. The company says it expects to spend US$300 million on the Algonquin Reliable…
US IPO Market Reopens For fall as Trump Tariff Jitters Ebb
Swedish fintech Klarna, Winklevoss twins-backed crypto exchange Gemini, cafe chain Black Rock Coffee Bar, blockchain lender Figure Technology and engineering and maintenance services provider Legence made public the terms of…
Venture Global May Soon Produce LNG From All blocks at Plaquemines, Filings Show
The Louisiana complex has 18 blocks, each comprising two plants that are also called trains. It had initially skipped starting up at Block 15 after receiving permission to begin output…
