Gas

Crude Oil

USA Crude Flows to China Trickle to Near Zero After Tariff Blitz

The flow of oil from the United States to China, one of the world’s largest importers, is projected to drop significantly due to increasing trade tensions…

LNG

Energy Transfer and Midocean Energy Collaborate on Lake Charles LNG

Energy Transfer LNG Export, a subsidiary of U.S.-based Energy Transfer, has signed a heads of agreement (HOA) with MidOcean Energy, a liquified natural gas (LNG…

Oil & Gas Trade

Venezuela’s PDVSA Suspends Oil Loading Authorizations to Chevron, Sources Say

On Thursday, Venezuela’s state oil company, PDVSA, revoked several authorizations previously granted to U.S.-based Chevron for loading and exporting Venez…

Oil Price

Egypt Raises Fuel Prices for First Time in 2025

On Friday, Egypt adjusted fuel prices upward by 11.76% to 14.81%, the first such change in 2025, according to state media. The move aligns with the government&r…

Gas power plant

Gas-Fired Power Generation Hits Four-Year Quarterly High in GB

In the first quarter of 2025, Britain saw gas-fired power generation reach its highest level since 2021, driven by low renewable output and increased demand. Mo…

Norway

Equinor Forms New Unit to Capitalise on Soaring Power Demand

Norway’s Equinor announced plans to integrate its renewables business with its gas-to-power plants and energy storage assets. This strategic shift aims to…

Oil Price

Texas Shale Industry Voices Frustrations With Trump as Oil Prices Tank

At the Permian Basin Petroleum Association’s Spring Swing golf tournament in Odessa, West Texas, oil industry leaders expressed frustration beyond the gam…

Metal

Chile’s Antofagasta Predicts Strong Copper Demand Despite Tariff Uncertainty

In 2024, Ivan Arriagada, CEO of Chilean mining company Antofagasta, addressed the impact of recent U.S. tariffs on metal demand, particularly copper. He noted t…

CCS

Flying Colors as UK’s First CO2 Injection Test Crosses Finish Line

A partnership between Perenco UK, Carbon Catalyst, and Harbour Energy has successfully completed the UK’s first CO2 injection test at a carbon capture and…

LNG

Eni Secures Investment for a Second Deep-Sea LNG Platform in Mozambique

The Mozambican government approved a US$7.2-billion investment in the Coral Norte Liquified Natural Gas (LNG) project on Tuesday, with the new platform expected…

Oil Refinery

US Refiners Unlikely to Spend Big to Process More Domestic Oil

U.S. refiners are hesitant to invest heavily in processing more domestic crude instead of oil from major suppliers Canada and Mexico, according to industry sour…

Gas turbine engine

Musk’s XAI Increased Tennessee Gas Turbines Without Permits, Community Groups Say

Elon Musk’s xAI has significantly increased the number of gas turbines at its Tennessee data center, nearly doubling the previously known count and exceed…

Crude Oil

Venezuela’s Oil Flows Again, After a Week of Panic

Many buyers of Venezuelan oil have resumed loading crude onto tankers after a week-long pause at the country’s ports. This follows U.S. tariffs imposed by…

Crude Oil

Occidental Petroleum Flags Higher Prices for Oil and Gas Production in Q1

On Wednesday, Occidental Petroleum, a U.S. shale company, reported that prices for its oil and gas production in the first quarter were higher than in the previ…

LNG

Energy Transfer Signs Deal With MidOcean for Lake Charles, Louisiana, LNG Project

Energy Transfer, a U.S. pipeline operator, announced a nonbinding agreement with MidOcean Energy to collaborate on developing the Lake Charles LNG export facili…