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Shell Signs LNG Supply Deal for Lake Charles Project in Louisiana
Energy Transfer agreed to a 20-year LNG supply deal with Shell for its Lake Charles LNG project on Aug. 24, which marked Shell’s return to the proposed Louisiana facility after the British oil major exited the project in 2020.
US Crude, Fuel Stockpiles Shrink While Gasoline Demand Drops: EIA
The crude oil inventory decline would have been larger if not for another big release of barrels from U.S. Strategic Petroleum Reserve (SPR).
Peru's $4.5 Billion Lawsuit Against Repsol Over Oil Spill to Go to Court
After an oil spill from one of Repsol's underwater pipelines, Peruvian consumer protection agency Indecopi said that the country's beaches and fisherman are continuing to be impacted.
Freeport LNG Not to Reach Full Capacity until March 2023
Freeport LNG pushes back original timelines for the expected partial and full restart of its Texas liquefaction facility that went offline in early June due to a fire.
Project Canary's Emissions Monitoring Tech Deployed in UK North Sea
Deploying continuous monitoring emissions at Kellas Midstream's Teesside offshore terminal marks Project Canary's first overseas system installation project.
Russian, Kazakh Crude Exports Hit by CPC Terminal Repairs
The largest oil supplier via CPC, Chevron-led Tengizchevroil (TCO), said its loadings via the route were “currently uninterrupted.” TCO lowered output on its Tengiz oil field in August due to planned maintenance, which is scheduled to finish in September.
Europe Remains Keen on US LNG Despite Reduced Flows
U.S. LNG exports continue to benefit from strong demand in Europe albeit in reduced volumes due to an incident at Freeport LNG’s Quintana Island, Texas liquefaction facility earlier this summer
Europe Braces for More Cuts in Russian Oil and Gas Exports
Caspian Pipeline Consortium (CPC), which handles about 1% of global oil and whose largest shareholder is Russian pipeline firm Transneft, said exports from two of its three mooring points at a Black Sea terminal had been suspended.
![Exclusive: Penn LNG CEO Franc James on Exporting Marcellus Gas to Europe [WATCH]](/sites/default/files/styles/image_300x200_3_2/public/image/2022/08/exclusive-penn-lng-ceo-franc-james-exporting-marcellus-gas-europe-watch.jpg?itok=_AsBFRgF)
Exclusive: Penn LNG CEO Franc James on Exporting Marcellus Gas to Europe [WATCH]
Penn LNG CEO Franc James shares more on his company’s plans to develop the first newbuild LNG export facility on the Atlantic Coast this century in this Hart Energy Exclusive.
West Texas Exports ‘Record’ Gas Volumes to Mexico
Permian shale gas from West Texas continues to find increasing market share south of the border in Mexico amid robust demand and more pipelines connecting the central and southwest regions of the Latin American country.