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Oil
Gas Pipeline
TC Energy Rules Out Sale of Canadian Mainline Pipeline
TC Energy Corp.’s Chief Executive Officer, Francois Poirier, has confirmed that the company will not sell its Canadian Mainline natural gas pipeline, a vi…
Oil Field
CNOOC Brings On-Stream Wenchang 9-7 Oilfield Development Project
CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Wenchang 9-7 Oilfield Development Project has…
Geothermal Power Project
Bill on Repurposing Oil and Gas Wells to Geothermal Passed in New Mexico, US
New Mexico Governor Michelle Lujan Grisham has signed House Bill 361, establishing a framework to repurpose existing oil and gas wells for energy storage or geo…
LNG
Another Permit in Place for America’s ‘First’ Offshore LNG Export Project
Delfin Midstream, a U.S.-based company developing LNG export infrastructure, has secured a key permit for its Delfin LNG project in Louisiana and offshore in th…
LNG
Mubadala Energy Buys 24% Stake in Kimmeridge, Marking Its First Major U.S. LNG Investment
Mubadala Energy, based in Abu Dhabi, has recently acquired a 24.1% stake in SoTex HoldCo LLC, a company owned by Kimmeridge, an energy-focused alternative asset…
Biofuel
Malaysian Palm Tracks Rival Edible Oils Higher
On Thursday, palm oil futures in Malaysia surged, recovering from the previous session’s decline, driven by gains in competing edible oils. Data released …
Biofuel
USDA: April WASDE Reduces Forecast for Soybean Oil Use in Biofuel Production
The U.S. Department of Agriculture (USDA) released its latest World Agricultural Supply and Demand Estimates report on April 10, 2025, adjusting its projections…
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…
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…
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…
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…
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