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DOE Report on LNG Pause Climate to Arrive Before January
The White House said it implemented a permit pause on export facilities to allow time for an analysis of LNG climate impacts.
GOP House Members Lobby for Canceled New York Pipeline Project
Republican representatives penned a letter to New York Governor Hochul, expressing criticism of the opposition to the Northern Access Pipeline.
Oil Set for Weekly Loss on Surplus Fears After OPEC+ Cut Extensions
The Organization of the Petroleum Exporting Countries and its allies on Dec. 5 pushed back the start of oil output rises by three months until April.
Chevron Inks 10-Year LNG Import Agreement with Sembcorp
Chevron and Sembcorp have agreed to a sale and purchase agreement to import up to 0.6 million tonnes per annum of LNG into Singapore.
OPEC+ Delays Oil Hike Until April, Extends Cuts Into 2026—Sources
OPEC+ has repeatedly postponed increases crude oil volumes in the faces of weak demand and rising supply from rivals.
Arbitration Looms for Venture Global Dispute, With Billions at Stake
Claims against Venture Global LNG’s Calcasieu Pass could cost up to $5.4 billion over 6 mtpa of disputed LNG sales, according to Jefferies Group analysts.
What Chevron’s Anchor Breakthrough Means for the GoM’s Future
WoodMac weighs in on the Gulf of Mexico Anchor project’s 20k production outlook made possible by Chevron’s ‘breakthrough’ technology.
Adkins: Saudi Cuts to Stay, EVs are Overrated and China Matters Less
Marshall Adkins, head of energy at Raymond James, isn’t buying the prevailing wisdom that weakening Chinese oil demand, EV encroachment and a potential OPEC supply increase are legitimate threats to the oil market.
US House Schedules Hearing on LNG Pause
A Department of Energy official has been reported to testify at the Dec. 4 hearing on the harmful effects of production and export of LNG.
Methanol Microreactor Project Aims to Convert CO2 into Liquid Fuel
The SRI International-led project, which received a Department of Energy grant, would use renewable energy to convert CO2 into liquid fuel.