China Waives Tariffs on US Ethane Imports, Sources Say
By and Tariff waiver eases pressure on Chinese petrochemical firms China’s tariff waiver not publicly announced yet China buys nearly half of US ethane exports SINGAPORE, April 29 (Reuters) –…
Natural Gas Morphs From Being a ‘Bridge’ to Becoming the Destination
Some power companies have stopped calling the fuel a temporary pathway to renewable energy and are making it central to their long-range plans. By The Gateway Generating Station natural gas-fired…
COMMENTARY: US LNG Exporters Could Lose Out As AI Gas Demand Booms
By Share of data centres in U.S. power market to more than double by 2030 Natural gas to account for over half of incremental power supply U.S. natural gas production…
BP Reports 48% Profit Drop as Strategy Chief Leaves
By Profit of $1.38 billion misses analysts’ $1.53 billion Shares down 3.2% CEO signals option for further spending cuts Share buybacks at bottom of guided range Shares down 4% after…
Woodside Approves Louisiana LNG Development
HOUSTON– (BUSINESS WIRE) –Woodside has made a final investment decision to develop the three-train, 16.5 million tonne per annum (Mtpa) Louisiana LNG development. Woodside is targeting first LNG in 2029.…
Oil Falls as Trade War Concerns Dampen Demand Outlook
(Reuters) – Oil fell on Tuesday to near a two-week low as investors lowered their demand growth expectations due to the trade war between the United States and China, the…
US Natgas Prices Jump 5% to 1-Week High Ahead of Contract Expiration
(Reuters) – U.S. natural gas futures jumped about 5% to a one-week high on Monday in light trade ahead of the expiration of the front-month contract on forecasts for higher…
Woodside in Talks to Sell Louisiana LNG Stake to Kuwait Petroleum Unit, Bloomberg News Reports
(Reuters) – Woodside Energy is in talks with an overseas unit of Kuwait Petroleum to sell a stake in its Louisiana liquefied natural gas plant in the U.S., Bloomberg News…
US Urges Eastern Europe to Split From EU Energy Transition Aims
By The US wants central and eastern European countries to join its path of “energy freedom” instead of following the wider region’s transition to a net zero economy, Energy Secretary…
Why Cheap Oil Relieves Some, Worries Other Countries
By and When US President Donald Trump was inaugurated to his second term as president on Jan. 20, oil prices were close to the highs of the summer before. By…
