Trump Extends Jones Act Waiver for 90 Days, Narrows Scope

Summary New terms require case-by-case review of individual voyages, White House official says Waiver was due to expire on August 16 without extension About 208 Jones Act exemptions were used…

Phillips 66, Kinder Morgan, HF Sinclair Approve Western Gateway Pipeline Project

By Reuters (Reuters) – Phillips 66, Kinder Morgan and ​HF Sinclair said on ‌Tuesday they have finalized a joint venture agreement ​and decided to proceed with ​the proposed $5 billion Western…

Venture Global Misses Quarterly Estimates as Lower LNG prices, Higher Costs Weigh

(Reuters) – Venture Global missed analysts’ estimates for quarterly revenue and adjusted core profit on Tuesday, as lower LNG prices at its Calcasieu ​Pass facility and higher operating and borrowing costs…

OPEC Output Climbs Again, But Still Trails Quota Targets

OPEC’s total oil production jumped by 1.17 million barrels per day in July from June as many Gulf producers restored some output that was shut in for three months due…

ADNOC Issues Eighth Spot Tender Since June as UAE Ramps Up Crude Exports

The national oil company of the United Arab Emirates has issued its eighth spot tender since June, trade sources told Reuters on Tuesday, as the Gulf producer that has just…

Ukraine Drone Attack Hits Major Oil Refinery Deep Inside Russia

Ukraine’s military claimed another drone attack on an oil refinery in Russia in the early hours on Tuesday as Ukrainian forces continue to target Russia’s energy producing and exporting infrastructure…

NOAA Reveals Latest Atlantic Hurricane Season Prediction

In a statement posted on its site recently, the U.S. Department of Commerce’s National Oceanic and Atmospheric Administration (NOAA) announced that it was maintaining its prediction for a “below-normal” Atlantic…

  • Gas
  • August 11, 2026
Venture Global records $1.3bn quarterly profit

©Venture Global / CP2 You’ve read 1 of 1 of your free articles this month. By 48 min ago 2 min read Venture Global posted a $1.3bn profit in Q2…

Egypt and Libya Near $1 Billion Oil Pipeline Deal

Egypt and Libya are reportedly nearing a deal to build an 800-kilometer oil pipeline connecting Tobruk with Alexandria, creating a direct route for growing Libyan crude production to reach Egyptian…

BofA: Hormuz Needs 10 Times More Ships to Stabilize Oil Markets

Bank of America (BoFA) is warning that oil prices could continue climbing into the winter if the U.S. and Iran fail to reach an agreement reopening the Strait of Hormuz,…