Shell reports highest Gulf production in two decades
Shell extended its $3.5 billion quarterly share buyback after reporting stronger-than-expected earnings, lifted by record production and improved trading margins, The Wall Street Journal writes.
Adjusted earnings...
Venture Global gets a green light to export LNG from new Louisiana terminal
Venture Global’s $10 billion CP2 liquefied natural gas terminal in Louisiana just cleared its final federal hurdle, Reuters reports.
The project earned U.S. Energy Secretary Chris...
Williams invests $1.9B in Woodside’s Louisiana LNG project
Australian energy producer Woodside Energy has secured U.S. pipeline giant Williams Companies as a partner in its $17.5 billion liquefied natural gas export project...
Venture Global is facing new LNG contract scrutiny in Louisiana
Venture Global is working to reassure major clients—including BP, Shell, Chevron and Poland’s Orlen—that it will honor long-term LNG supply contracts from its Plaquemines...
Commonwealth LNG requests extension from feds on project start date
Regulatory documents show Commonwealth LNG is asking federal regulators for a four-year extension to construct and begin exporting liquefied natural gas from its proposed...
Louisiana federal judge reopens door for expanded offshore oil development
A Louisiana federal judge has ruled that former President Joe Biden exceeded his authority when he permanently withdrew 625 million acres of federal waters...
Louisiana natural gas storage hub projected to enhance market efficiency
Black Bayou Gas Storage has secured its final federal approval, clearing the way for a massive energy infrastructure build-out in Cameron and Calcasieu parishes, The...
Energy Transfer, MidOcean Energy close to finalizing LNG deal at Lake Charles terminal
Energy Transfer LP is nearing an agreement to sell liquefied natural gas from its planned Lake Charles export terminal to MidOcean Energy, Bloomberg writes.
The closing...
BP is committing billions to its new Gulf drilling project
BP is betting big on the Gulf with a $5 billion offshore drilling project aimed at bolstering its U.S. production, Reuters reports.
The Tiber-Guadalupe development, which was...
Woodside signs $17.5B Louisiana LNG supply deal with Turkey’s BOTAS
Woodside Energy has secured a long-term deal with Turkey’s state-owned BOTAS to supply about 4.25 million tons of LNG annually, primarily from its massive...
