Golden Pass Says First LNG Export Cargo Has departed From Sabine Pass Terminal

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Summary Destination of first shipment unclear, Reuters previously reported Italy as possible recipient Golden Pass CEO highlights milestone toward full ​commercial operations Only first processing unit operational, two more ‌units under construction (Reuters) – Golden Pass LNG, a ​joint venture between QatarEnergy and U.S. oil major Exxon ​Mobil, said on Wednesday that the first cargo …

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Chevron Resumes Full Production at Wheatstone LNG After Repairs for Cyclone Damage

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(Reuters) – U.S. energy company Chevron ​said on Thursday that production ‌had fully resumed at its Wheatstone liquefied natural gas plant in ​Western Australia following repairs ​for damage caused by a ⁠cyclone last month. Tropical Cyclone ​Narelle struck the 8.9 million-ton-a-year facility ​in late March, leaving both LNG processing trains offline. “Extreme winds associated ​with the cyclone …

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Iran War May Crush Oil Demand Today, but Send it Soaring Long Term: Bousso

Conventional Energy, Latest, Oil, US News / By

  While oil demand destruction deepens with each passing day the Strait of Hormuz remains closed, the longer-term impact of the Iran war may paradoxically work in oil’s favour. Spiking energy security concerns and greater fragmentation could lead to a less efficient, more voracious global energy system. Aggregate worldwide oil consumption is plummeting under the …

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US Intercepts Three Iranian Oil Tankers in Asian Waters, Sources Say 

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The U.S. military has intercepted at least three Iranian-flagged tankers in Asian waters and is redirecting them away from their positions near India, Malaysia and Sri Lanka, shipping and security sources said on Wednesday. Washington has imposed a blockade on Iran’s trade by sea while Iran has fired on ships to prevent them sailing through …

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Turkey Says COP31 Climate Summit to Focus on Clean Energy Shift

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By John Ainger Turkey will use its role as host of this year’s COP31 climate summit to boost clean energy adoption, according to the event’s incoming president, with the Iran war showing how important it is to diversify away from fossil fuels. Murat Kurum, Turkey’s environment minister who will oversee the talks, said in an …

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US and Iran Deadlocked Over Hormuz After Trump Extends Truce

Conventional Energy, Latest, Natural Gas, Oil, US News / By

By Courtney Subramanian, Jennifer A Dlouhy, and Arsalan Shahla US President Donald Trump indefinitely extended a ceasefire with Iran after the two sides failed to meet for more peace talks, with the war developing into a game of brinkmanship over the critical Strait of Hormuz. Trump said Pakistan, the main mediator between the warring sides, …

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Weatherford Says Oilfield Activity in Mexico Has Normalized, Company Getting Paid

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(Reuters) – U.S. oilfield services firm Weatherford International said on Wednesday that oilfield activity in Mexico has normalized and it was starting to get paid after a new financial mechanism helped raise funds for state-run energy company Pemex to pay its suppliers after long delays. Oilfield service companies had significantly reduced activities amid Pemex’s accumulation …

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BP Lockout at Indiana Refinery Stretches Into Second Month as Union Talks Stall

Conventional Energy, Energy Topics & Technology, Latest, Oil, Refineries, US News / By

(Reuters) – A lockout at BP’s 440,000-barrel-per-day refinery in Whiting, Indiana, enters its second month as the British oil major and hundreds of union workers remain at odds. BP locked out about 800 workers represented by the United Steelworkers union on March 19, after months of negotiations failed to produce a new labor contract. The …

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US Supreme Court Rrejects Enbridge challenge to Michigan Pipeline Case

Conventional Energy, Latest, Oil, Pipelines, US News / By

The U.S. Supreme Court on Wednesday rejected Enbridge’s bid to change the venue of an environmental lawsuit by Michigan seeking to force the Canadian energy company to stop operating an oil pipeline between two of the Great Lakes. The justices unanimously ruled that Enbridge had waited too long to seek to move the lawsuit by …

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Waiting for ‘Safe and Sustainable’ Strait Crossings, Top Shipping Execs Say

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(Reuters) – Safe and sustainable passage through the Strait of Hormuz is what top shipping companies require before the world’s sees much oil or cargo leave or enter the Gulf, two top sector executives said on Wednesday. “Two weeks ago when the ceasefire, said to be temporary, came into picture, we thought there was hope. …

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