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Golden Pass LNG Construction Turmoil to Delay Texas Plant’s Startup, Analysts Say

The startup of Golden Pass LNG, the QatarEnergy and Exxon Mobil $11 billion joint venture liquefied natural gas project in Texas, has been delayed by at least six months due to construction turmoil, analysts said on Thursday. The project at the Sabine Pass site of a former gas-import terminal that was converted to process natural …

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Texas Startup Hopes 4th Time’s a Charm to Build First Big U.S. Oil Refinery Since 1977

Element Fuels Holdings, a Dallas-area startup proposing to build the first all-new U.S. oil refinery in nearly 50 years, on Thursday said it was relaunching efforts to build a large plant in South Texas. The Brownsville, Texas, project has been proposed by entrepreneur John Calce at least twice before by his ARX Energy, and JupiterMLP …

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U.S. Oil and Gas Production Show Signs of Flattening: Kemp

U.S. oil and gas production are finally showing signs of flattening out as drilling rigs and well completion crews have been idled in response to the retreat in prices since the middle of 2022. Nationwide crude and condensates production was running at almost 13.2 million barrels per day (b/d) in March 2024 according to the …

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