Oil prices soften as OPEC raises supply
OPEC is holding its oil demand outlook steady while moving to boost production again in October, signaling a firm push for market share, The Wall...
EU looks to scrap tariffs on U.S. industrial goods as part of a wider...
The European Commission on Thursday proposed removing tariffs on U.S. industrial goods as part of a trade deal that would also reduce American duties...
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...
Utah company acquires 145 acres in north Baton Rouge
Utah-based Savage Infrastructure has purchased nearly 145 acres off Scenic Highway north of the ExxonMobil plant, according to a deal last week with the East Baton...
Danos lands services contract for new deepwater facility
Danos Operations Services has been awarded a contract to provide production services for Beacon Offshore Energy’s new deepwater facility — the Shenandoah floating production...
Low freight demand keeps US trucking industry from getting back on a roll
Hopes for a 2025 rebound in the U.S. trucking sector are fading, with freight demand remaining soft for a third straight year, The Wall Street...
Global LNG trade reaches a record high in 2024
Global liquefied natural gas trade reached a record 411.2 million tons in 2024, up 2.4% from the previous year, with the U.S. cementing its...
DOE issues extension to Delfin LNG offshore project
U.S. Department of Energy approved an LNG export permit extension last week for Delfin LNG LLC, granting additional time to commence exports from the...
How tariffs are putting logistics startups back in demand
Startups that were born in response to pandemic-era supply chain difficulties are having a moment, as companies look to prepare for U.S. tariffs whose...
This agency is warning trade tensions will weigh on oil demand
The International Energy Agency said this week that the macroeconomic conditions underpinning its previously released oil-demand projections have worsened over the past month with...