NextDecade Strikes LNG Supply Deal with TotalEnergies for 1.5 Million Tonnes Annually

Latest, LNG, US News / By

U.S. liquefied natural gas (LNG) producer NextDecade said on Monday it has signed a 20-year deal to supply France’s TotalEnergies with 1.5 million tonnes per annum (MTPA) from its Rio Grande facility’s planned fourth liquefaction facility, or train. NextDecade has so far contracted a total of 4.6 MTPA of LNG from Train 4 on a …

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TC Energy Completes Pipeline Repairs in Michigan Following Gas Leak

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

TC Energy said late last week it had completed repairs to a section of the ANR Pipeline system shut down near Fennville, Michigan, because of a leak, causing a natural gas outage in the region. “Natural gas service has now been restored to Michigan Gas Utilities, the local distribution company,” the company said in a statement …

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NextDecade Announces 1.5 MTPA LNG Sale and Purchase Agreement with TotalEnergies from Rio Grande LNG Train 4

Conventional Energy, Latest, LNG, Press Releases / By

Sufficient commercial agreements in place to support a positive Final Investment Decision on Train 4 HOUSTON–(BUSINESS WIRE)–NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) announced today that TotalEnergies (Total) (NYSE: TTE) has exercised its LNG purchase option with respect to Train 4 at the Rio Grande LNG Facility, and subsidiaries of both companies have executed a long-term …

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Goldman Sachs Expects Oil Prices to Decline Through 2026

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

Goldman Sachs expects oil prices to decline through the end of this year and next year because of the rising risk of a recession and higher supply from the OPEC+ group. The bank expects Brent and WTI oil prices to edge down, averaging $63 and $59 a barrel, respectively, for the remainder of 2025, and …

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OPEC Cuts Global Oil Demand Growth Forecasts, Citing US Tariffs

CDN and International News, Conventional Energy, Latest, Oil / By

Summary • Cuts 2025, 2026 demand growth forecasts by 150,000 bpd each • First cut in 2025 forecast since December, OPEC data shows Kazakhstan further boosts production in March (Reuters) – OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the impact of data received for …

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Saudi Arabia, US on ‘Pathway’ to Civil Nuclear Agreement, US Energy Secretary Says

Conventional Energy, Latest, Nuclear, US News / By

The United States and Saudi Arabia will sign a preliminary agreement to cooperate over the kingdom’s ambitions to develop a civil nuclear industry, U.S. Energy Secretary Chris Wright told reporters in the Saudi capital Riyadh on Sunday. Wright, who had met with Saudi Energy Minister Prince Abdulaziz bin Salman earlier on Sunday, said Riyadh and …

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Chevron’s Venezuelan Oil Cargoes Canceled, Stalled Amid Payment Uncertainty

Conventional Energy, Latest, US News / By

Summary • PDVSA cancels authorizations for Chevron-chartered ships • Chevron awaits paperwork for cargo return to Venezuelan ports (Reuters) – At least two vessels carrying Venezuelan crude chartered by Chevron are stalled due to state oil company PDVSA canceling their export authorizations, according to shipping data and sources, as the government had no certainty of …

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Global Investors Hunker Down for Volatility Even as Tariff Pause is Welcomed

CDN and International News, Energy Topics & Technology, Finance, Latest, Tri-Pinned / By

(Reuters) – As the dust settles after a bruising week eased by U.S. President Donald Trump’s tariff pause, the takeaway from global investors is loud and clear: market turbulence is here to stay. In a stunning reversal on Wednesday, Trump said he would temporarily lower the hefty duties newly imposed on dozens of countries while …

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Brent, WTI Prices Climb More $1 on Possible Iran Crude Restriction

Conventional Energy, Latest, Oil, US News / By

By Erwin Seba China imposes 125% tariff on US goods, escalating trade war EIA lowers global economic growth and oil demand forecasts April 11 (Reuters) – Brent and West Texas Intermediate crude climbed more than $1 on Friday after U.S. Energy Secretary Chris Wright said the United States could end Iran’s oil exports as part …

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