Energy Transfer Will Not Greenlight Lake Charles LNG Project Before 80% Sold to Equity Partners

The company earlier this year signed a non-binding agreement with MidOcean Energy to jointly develop the Lake Charles LNG export facility. Get the Latest US Focused Energy News Delivered to…

UAE Oil Giant Leans on US Expertise for ‘Promising’ Shale Pivot

By and The United Arab Emirates, long one of OPEC’s key oil producers, is pivoting to US-tested fracking techniques to tap its “very promising” unconventional gas resources, with the intention…

Oil & Gas: The One Sector Missing Out of M&A’s Big Revival

By and Low energy On this Tuesday a year ago, as US voters were handing Donald Trump the keys to the White House for a second time, M&A bankers were…

Oil Producers Need to Step Up Drilling to Sustain Output, EIA Says

HOUSTON, Nov 5 (Reuters) – Oil and gas producers will need to step up drilling to sustain or increase output due to rapid declines in production from existing wells, the…

US Crude Production Hits Record High for Second Week in a Row, EIA Says

(Reuters) – U.S. field production of crude oil rose to a record high for a second week in a row last week, the U.S. Energy Information Administration (EIA) said in…

US Crude Stocks Rose Last Week, Gasoline and Distillate Inventories Fell, EIA Says

(Reuters) – U.S. crude stocks rose while gasoline and distillate inventories fell last week, the Energy Information Administration said on Wednesday. Crude inventories rose by 5.2 million barrels to 421.2…

Oil Steady Amid Weak Economic Data, Equity Markets

Summary Weaker data in the US, China fuel demand concerns Russia suspends fuel exports at Black Sea refinery US dollar index holds at three-month high (Reuters) – Oil prices were…

COMMENTARY: Bill Gates Helps Break the Moral Monopoly Against Fossil Fuels – Alex Epstein

Bill Gates’s humanist challenge to the anti-fossil-fuel climate establishment was only possible because the “moral monopoly” against fossil fuels has been breaking. Now it will break even faster. Early last…

Constitution Gas Pipeline Could Save US Northeast $11.6 Billion, S&P Global Says

(Reuters) – The proposed 135-mile (217-km) Constitution natural gas pipeline could provide price relief and other economic benefits to the U.S. Northeast, generating up to $11.6 billion in energy savings…

How BP Won its $1 Billion-Plus Case Against Venture Global

(Reuters) – Oil major BP won its $1 billion-plus arbitration case against liquefied natural gas producer Venture Global with an argument of unfair behaviour by the U.S. company, said five…