energy News
Golar LNG Secures $1.2 Billion Facility for FLNG Gimi Project
Financing package fully funds remaining capital needs for the floating LNG vessel, significantly de-risking a key growth asset for the company.
Chevron Deepens Venezuela Role, Supplying Feedstock to Boost Oil Output
The U.S. energy giant is providing crucial diluents to state-run PDVSA, cementing its strategic position in the nation's vast Orinoco Belt.
Oil Hits One-Month Low as Ukraine Peace Talks Erode Risk Premium
WTI crude futures fall over 3% on the week as progress in U.S.-brokered negotiations stokes fears of a global supply glut, pressuring energy stocks.
Oil Market on Alert as US Readies New Pressure Campaign on Venezuela
Reports of a new phase of US operations against the Maduro regime inject fresh geopolitical risk into a market recently weighed down by demand concerns.
Oil Prices Surge as US-Russia Naval Standoff Jolts Complacent Market
Crude futures reverse a multi-day slide after a US warship reportedly confronts a Russian tanker near Venezuela, overriding fears of a supply glut.
Enterprise Products Climbs on $650M ExxonMobil Pipeline Deal
ExxonMobil will acquire a 40% stake in the Bahia NGL pipeline, a move that validates and helps fund a major expansion of the critical Permian-to-Gulf Coast infrastructure.
Surprise Oil Draw Fails to Ignite Prices Amid Glut Fears
A larger-than-expected drop in U.S. crude stockpiles was overshadowed by conflicting data and persistent concerns over a global supply surplus.
Natural Gas Futures Climb on Strong Exports, Colder Weather Outlook
Record LNG demand and forecasts for increased heating needs provide bullish tailwinds for producers, though ample storage levels temper runaway price gains.