Summary Two VLGCs wait to load ethane for China -Kpler, LSEG 13 tankers due to load ethane for China in June -Kpler Enterprise warns ethane, butane exports to China could fall (Reuters) – Chinese purchases of U.S. ethane, a key petrochemical feedstock, face fresh uncertainty after the Commerce Department told exporters to seek licences to …
US Ethane Exports to China Hit New Roadblock with Licence Requirement Read More »
North Dakota has extended its policy on how long producers can leave wells uncompleted after drilling, a move that is expected to help drillers cope with weak oil prices, the state’s Department of Mineral Resources said on Thursday. Oil producers around the country have announced plans to drop rigs and delay completing wells as U.S. …
Sempra’s Port Arthur Phase 2 project “marks a significant expansion of the first phase already under construction – turning more of the liquid gold beneath our feet into energy security for the American people,” said U.S. Energy Secretary Chris Wright.
Continental Resources’ Founder Harold Hamm said, “There are some interesting basins still that have some allure, some of which have been picked over a little bit but no one found anything. That doesn’t mean it’s not there.”
(Reuters) – U.S. energy company Williams Cos said on Thursday it was working with federal and state regulators to revive two previously canceled natural gas pipelines from Pennsylvania to New York. The pipelines are the Northeast Supply Enhancement (NESE) from Pennsylvania to New Jersey and New York and the Constitution Pipeline from Pennsylvania to New …
Energy Transfer has agreed to supply Kyushu Electric Power Co. with up to 1 million tonnes per annum of LNG from its Lake Charles facility.
(Reuters) – U.S. crude and fuel inventories all fell last week, while crude imports from Nigeria hit their highest level in nearly six years, the Energy Information Administration said on Thursday. Crude inventories fell by 2.8 million barrels to 440.4 million barrels in the week ending May 23, the EIA said, compared with analysts’ expectations …
US Crude and Fuel Inventories Fall, Nigerian Crude Imports Jump, EIA Says Read More »
The U.S. Energy Information Administration reported five straight weeks of triple-digit natural gas injections, with an increase of 101 Bcf most recently.
The agreement encompasses eight operating land rigs under contract, two in Kuwait and six in Oman.
Chevron’s move to lay off almost 800 workers in the Permian Basin follows its February announcement that the supermajor will cut up to 20% of its global workforce by the end of 2026.
