Latest

As U.S. Permian Crude Turns Lighter, It Risks Losing Favor with Refiners

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary Refiners may need to mix lighter WTI Midland with heavier crude Alternatively, refiners could convert units, requiring large investments Dated Brent benchmark may weaken up to 50 cents per barrel (Reuters) – Companies drilling for the crude that turned the U.S. into the world’s top oil producer face an unexpected dilemma: their West Texas …

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U.S. Appeals Court Likely to Reject Challenge to Alaska LNG Exports

Latest, LNG, Natural Gas, US News / By

A U.S. appeals court on Monday appeared likely to reject a challenge by environmental groups to the Biden administration’s decision to approve exports from a planned $39 billion liquefied natural gas project in Alaska. Two members of a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit posed skeptical questions …

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E&P Highlights: Oct. 21, 2024

Latest / By

Here’s a roundup of the latest E&P headlines, with a large contract announced offshore Gulf of Mexico and strategic partnerships aimed at optimizing oilfield production.

Australia’s Woodside Says It’s Open to Supplying LNG to Japan From US

Conventional Energy, Latest, LNG, US News / By

Australia’s top energy firm Woodside Energy sees an opportunity to beef up LNG sales to Japan, including supply from the United States, where the company just bought Tellurian and its LNG export project, CEO Meg O’Neill said on Monday. With this new position in the U.S., Woodside will be able to “offer our Japanese buyers …

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Repsol Freezes Green Hydrogen Projects in Spain

CDN and International News, Energy Topics & Technology, Hydrogen, Latest / By

MADRID, Oct 21 (Reuters) – Spanish oil major Repsol has put on hold planned green hydrogen projects in Spain with an electrolysis capacity of 350 megawatts (MW) due to an unfavourable regulatory environment, a spokesperson told Reuters on Monday. The company had already warned that regulatory uncertainty, including the possibility that a windfall tax on energy companies and …

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Citgo Auction Creditors Assail Elliott Bid, Seek Rival Offers

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

Summary Court gets an earful from firms opposing proposed bid Heated opposition to negotiating exclusivity, breakup fee offer Final recommendation on sale could be stalled until January HOUSTON, Oct 21 (Reuters) – Key terms of a proposed court agreement with a U.S. hedge fund seeking to gain control of oil refiner Citgo Petroleum from Venezuela …

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Qatar LNG Sales to Key Asian Markets Confronted by US, UAE Rivalry

Conventional Energy, Latest, LNG, US News / By

Summary Qatar facing increasing competition from US, UAE Competitors offer flexible terms, cheaper prices Talks with Japan, South Korea buyers stalled Destination clause, terms of contracts among key disagreements Japan long term LNG outlook remains uncertain Oct 21 (Reuters) – Qatar is finding it hard to agree new deals to supply liquefied natural gas (LNG) …

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