US Approves Permit Extension for Delfin LNG Export Project

Chris Wright displays a signed order approving an LNG permit extension for the Delfin LNG project.Photographer: F. Carter Smith/Bloomberg By US Energy Secretary Chris Wright extended a permit for a…

Oil CEOs Back Trump’s Energy Agenda as Crude Hits Fresh Low

By Executives from some of the world’s top oil and gas producers offered full-throated support for President Donald Trump’s “Energy Dominance” on Monday, even as financial markets slumped on broader…

Venture Global Flop Swiftly Wipes Out $39 Billion After IPO

Employees and community stakeholders at the Venture Global Plaquemines liquefied natural gas export facility in Port Sulphur, Louisiana.Photographer: Kathleen Flynn/Bloomberg By The list of companies that have flopped out of…

Mexico’s Pemex Prioritizes Refining as it Diverts Heavy Oil Away From Gulf

(Reuters) – Mexico’s state oil company Pemex expects to continue diverting barrels of heavy crude away from U.S. Gulf Coast refiners as its new Olmeca refinery ramps up processing, the…

Trump Says He Will Double Tariffs on Canada Metals to 50%

President Donald Trump on Tuesday doubled his planned tariff on all steel and aluminum products coming into the United States from Canada, bringing the total to 50%, in response to…

Conoco CEO Says US Oil Production Will Plateau This Decade

ConocoPhillips CEO Ryan Lance said on Tuesday at the CERAWeek energy conference in Houston that U.S. oil production will plateau later this decade and will stay on the plateau for…

Occidental Petroleum Sees US Oil Output Peaking in Next Five Years

(Reuters) – U.S. oil production will peak between 2027 and 2030, Occidental Petroleum Corp CEO Vicki Hollub said on Tuesday at the CERAWeek conference in Houston, Texas. Her outlook follows…

U.S. LNG Developers Seek Higher Delivery Prices as Costs Surge

U.S. LNG Developers Seek Higher Delivery Prices as Costs Surge | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Mar 11, 2025, 7:07 AM CDT Some U.S. LNG exporters are…

Indonesia Doubles Capacity of New Refinery Projects to 1 Million Bpd

Indonesia Doubles Capacity of New Refinery Projects to 1 Million Bpd | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Mar 11, 2025, 8:30 AM CDT Indonesia is doubling to…

IEA: The World Needs Upstream Oil and Gas Investment

ByCharles Kennedy– Mar 11, 2025, 9:30 AM CDT The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of…