Golden Pass LNG Gets FERC Approval to Commission
Once completed, Golden Pass LNG, a joint project between QatarEnergy and Exxon Mobil, will have a capacity of over 2.57 Bcf/d.
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Innovex Sells Dril-Quip Facility for $95MM, Reduces Revenue Guidance
Innovex International Inc. has agreed to sell the Dril-Quip Eldridge Campus in northwest Houston to Big Acquisitions LLC for $95 million following its merger with Dril-Quip in September 2024.
Prairie Updates Bayswater’s DUC Completions Program in D-J Basin
Prairie Operating Co. started completion of the nine DUC wells that were part of an acquisition from Bayswater Exploration & Production in the Denver-Julesburg Basin.
EPA Chief: ‘Do Not Underestimate President Trump’ on Tariff Outcomes
Lee Zeldin, the Environmental Protection Agency’s administrator, as well as other cabinet members said President Donald Trump’s tariff negotiations will improve, rather than diminish, the U.S.’ business outlook.
Greek Shippers Return to Russian Oil Market as Prices Slip Below G7 Cap, Sources Say
MOSCOW, April 28 (Reuters) – Greek shipowners are returning to Russia’s Urals oil market as the price slides below the Western price cap of $60 per barrel, allowing them to provide transport and insurance services while complying with sanctions, three trading sources said. The price cap introduced by the Group of Seven countries does not …
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Huge Power Outage Paralyses Parts of Spain and Portugal
Power outage hits Spain, Portugal and briefly France Authorities try to establish what caused the outage Outage paralyses transport and delays flights MADRID/LISBON, April 28 (Reuters) – A huge power outage hit large parts of Spain and Portugal on Monday, paralysing traffic, grounding flights, trapping people in elevators and leaving power operators scrambling to restore …
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What’s Affecting Oil Prices This Week? (April 28, 2025)
Recent news is increasing the uncertainty associated with the ability of members of OPEC+ to maintain cooperation and agreement on future production quotas.
‘Move Fast and Break Things’ is Making an Administrative Mess
Applying Silicon Valley ethos to a superpower’s governance is unlikely to be a successful strategy.
US LNG Supplies to Europe Will Continue to Rise, Says US Energy Secretary
U.S. Energy Secretary Chris Wright and Polish Prime Minister Donald Tusk shake hands on the day of a signing agreement related to the construction of Poland’s first nuclear power station at the Chancellery of the Prime Minister, in Warsaw, Poland, April 28, 2025. REUTERS/Kacper Pempel WARSAW, April 28 (Reuters) – U.S. liquefied natural gas supplies …
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Major Offshore Wind Developer Has Stopped Activities in United States
Summary Germany’s RWE holds three offshore wind leases in U.S. waters RWE said last month it had pared back U.S. activity to minimum CEO cites ‘political developments’ (Reuters) – One of the world’s top offshore wind developers, Germany’s RWE, has stopped work on its U.S. projects for now in light of recent moves against the …
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