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Feds Approve Preliminary Restart of Freeport LNG’s Texas Facility
2023-01-26 - Freeport has yet to seek permission from federal regulators to restart the liquefaction trains, and analysts have said they expect most of the plant's production to remain offline until March or later.
China’s Xi Looks to Strengthen Energy Ties with Russia
2022-11-29 - In response to a G7 proposal to cap Russian oil prices, the Kremlin has promised to re-route supplies to countries that do not support the idea, with both China and India increasing oil purchases from Moscow.
Scholz Welcomes Qatar LNG Deal as 'Building Block' for German Energy Security
2022-11-30 - In Berlin's pursuit for new energy partnerships away from Russia, QatarEnergy and ConocoPhillips will export 2 million tonnes per annum of LNG to Germany for at least 15 years starting 2026 through two sales and purchase agreements.
Russia Sees Sanctions Impact on Oil Products, Eyes Crude Export Boost
2023-01-17 - Russia expects Western sanctions to have a significant impact on its oil products exports and therefore its production, but that will likely leave more crude oil to sell, a senior Russian source with detailed knowledge of the outlook told Reuters.
Suspected Drone Hits Oil Depot in Russia’s Oryol, Officials Say
2022-11-16 - Unverified images on social media showed what appeared to be a single rupture on the side of an oil storage tank in the Russian region of Oryol, blackened by soot.