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US Regulator Bars Freeport LNG Plant Restart over Safety Concerns
2022-07-01 - “Continued operation of Freeport’s LNG export facility without corrective measures may pose an integrity risk to public safety, property or the environment,” the U.S. PHMSA said in its preliminary report.
Russia Seizes Control of Sakhalin Gas Project, Raises Stakes with West
2022-07-01 - Russian LNG production from projects such as Sakhalin-2 was likely to suffer as a results, said Saul Kavonic, head of Integrated Energy and Resources Research at Credit Suisse. “This will tighten the LNG market materially this decade,” he added.
OPEC+ Sticks to Oil Output Hikes, Avoids Debate on September Plans
2022-06-30 - “OPEC+ is mulling firing its last crude production bullets as it runs out of capacity to pump more, whilst refining capacity for oil products ... which drives the real economy, has declined markedly,” said Ehsan Khoman from MUFG bank.
Energy Policy: Here Today, Gone Tomorrow
2022-06-30 - Elected officials who normally are not very supportive of domestic petroleum, or even hostile to it, have suddenly become big fans of U.S. natural gas in the form of LNG exports.
Analysis: Saudi Arabia Walks Oil Policy Tightrope Between Biden and Putin
2022-06-30 - Talks on the price cap would soon begin with countries in Latin America and Africa that are smaller but important consumers of Russian oil, a senior U.S. official told Reuters.