IEA warns of a larger oil surplus as supply races ahead of demand
Global oil markets could see a bigger surplus this year than previously projected, with supply growth outpacing demand by more than three to one, The...
What Venture Global is saying after its court win with Shell
Venture Global, set to become the top U.S. exporter of liquefied natural gas, is confident it will win the remaining arbitration cases on supply...
Danos acquires Wood onshore labor operations
Louisiana-based energy services company Danos has finalized the acquisition of John Wood Group PLC’s onshore oil and gas labor supply operations in the U.S.,...
An LNG project proposed for southeast Louisiana is moving closer to reality
A proposed LNG export terminal in southeast Louisiana is advancing through federal review, bringing a multibillion-dollar energy project one step closer to reality, The Center...
Nunez Community College to acquire $1M LNG unit
Nunez Community College has announced that it will procure an LNG hands-on training unit valued at nearly $1 million to expand the Process Technology...
LNG exporter’s pursuit of alternative fuel excise tax credits raises questions
Cheniere Energy, the top U.S. exporter of liquefied natural gas, is seeking an estimated more than $140 million in federal tax credits for fueling...
Venture Global signs off on a $15B LNG project in Louisiana
Venture Global has greenlit construction of its massive CP2 LNG export terminal in Louisiana, following a $15.1 billion financing deal—the largest such announcement in...
How oil giants ExxonMobil and Chevron fared in Q2
ExxonMobil’s second-quarter profit dropped to the lowest level in four years as OPEC+ ramped up production and oil prices slumped, reports The Associated Press.
The...
Louisiana’s natural gas production picks up after two-year decline
After a two-year slump, Louisiana’s natural gas production is rebounding—driven by rising prices, renewed drilling and major federal policy shifts backing fossil fuel development, The...
LNG supply set for biggest surge since 2019
The global supply of LNG is set to surge the most since 2019 next year, primarily driven by production additions in North America, the...
