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Marathon Gets More time to Build LNG Import Project in Alaska
2022-08-17 - Marathon Petroleum’s Trans-Foreland said it has yet to make an FID to build the project because the COVID-19 pandemic and the war in Ukraine have worsened economic and logistical conditions.
Indian Ship Used to Move Russian-linked Fuel to New York Discovered
2022-08-17 - “The refined output was put back on that ship and it set sail without a destination. In the mid-seas it received the destination so it reached at its course, went to New York,” India Deputy Governor Michael Patra said at an event to celebrate 75 years of India’s independence.
More US Sour Crude Heads to Germany to Replace Russia Oil
2022-08-16 - In an effort to scale back its Russian oil imports, Germany is increasing crude imports from the U.S.
Amid Energy Crisis, EU Plans to Help Gas-Rich Mozambique Boost Security
2022-08-16 - EU plans $15 million in support to fight Islamist militants near gas projects.
US Natgas Futures Jump 5% on Record Global Prices, Drop in US Output
2022-08-16 - Due to its extensive power needs, as well as an outage at the Freeport LNG export facility, U.S. gas futures lag far behind global prices.