US Regulators Approve Some Construction at Venture Global’s CP2 LNG Plant
U.S. regulators gave Venture Global permission on Friday to proceed with some construction activities at its proposed CP2 LNG facility in Louisiana, according to a Federal Energy Regulatory Commission document.…
US Driving Season Starts Strongly for Oil Refiners
At least for now, the allure of cheaper gasoline appears to be outweighing concerns consumers may have about the economy. By More Americans hit the road last Memorial Day weekend…
US Axes 24 Clean Energy Projects, Including at Exxon’s Baytown
By WASHINGTON, May 30 (Reuters) – The U.S. has axed awards to 24 green energy projects issued during President Joe Biden’s administration that totaled more than $3.7 billion, including one…
Oil and Gas Firm EOG Strengthens Utica Footprint with $5.6 Billion Encino Deal
The deal signed with Canada Pension Plan Investment Board (CPP) and Encino Energy will give EOG access to additional 675,000 net core acres and expand its multi-basin portfolio to more…
US Posted Record Oil Output Before Price Dip Spurred Rig Retreat
By US drillers pumped a record amount of oil in March, but the final number came in lower than government figures previously indicated. Get the Latest US Focused Energy News…
US Targets Geothermal Projects for Emergency Permitting
By WASHINGTON, May 30 (Reuters) – The U.S. Department of the Interior said on Friday it was implementing emergency permitting procedures to accelerate reviews of geothermal energy projects as part…
US Drillers Cut Oil and Gas Rigs to Lowest Since November 2021, Baker Hughes Says
By May 30 (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row to the lowest…
Brookfield Eyes $3 Billion in Debt for Colonial Pipeline
By and Brookfield Asset Management Ltd. is lining up approximately $3 billion in debt financing to support its purchase of Colonial Enterprises, which operates the Colonial Pipeline in the US,…
US Ethane Exports to China Hit New Roadblock with Licence Requirement
China and U.S. flags are displayed alongside a miniature worker in this illustration picture taken November 7, 2024. REUTERS/Florence Lo/Illustration Summary Two VLGCs wait to load ethane for China -Kpler,…
Oil Price Outlook Weakens on OPEC+ Hikes, Lingering Trade Concerns
Summary Brent projected to average $66.98 per barrel in 2025 WTI to average at $63.35 per barrel in 2025 For table of crude price forecasts, click (Reuters) – Analysts have…
