The Latest

Crude Oil

Report: Coronavirus To Cut Oil Demand Growth By 25% This Year

Rystad Energy now predicts global oil demand will grow by 820,000 bbl/d in 2020, down from a December forecast of 1.1 million bbl/d.

February 11, 2020

Liquefied Natural Gas (LNG)

Secretary Brouillette: US Not Concerned By Any New OPEC Cuts

U.S. Energy Secretary Dan Brouillette also said that while LNG prices are the lowest they've been in years, "the future is still bright for LNG."

February 11, 2020

Company Profiles

Indigo Natural Resources Executive Q&A: Cruising Altitude

Fresh off of a multibillion-dollar sale of its midstream interests, natural gas producer Indigo Natural Resources is flying high above the storm clouds.

February 11, 2020

Liquefied Natural Gas (LNG)

Rio Grande LNG Receives Non-FTA Export Authorization

NextDecade’s facility approved by the Department of Energy.

February 11, 2020

Crude Oil

Trump’s Budget Proposes Sale From Emergency Oil Reserve

Budget documents said a sale from the Strategic Petroleum Reserve would help raise funds for priorities including $242 million needed to fix a Naval Petroleum Reserve site in California.

February 11, 2020

Crude Oil

Oil Prices Rise From 13-month Low As Coronavirus Cases Slow

Oil prices have dropped more than 25% from a peak in January with U.S. crude back below $50 a barrel after the spreading virus hit demand in China, the world's largest oil importer.

February 11, 2020

Liquefied Natural Gas (LNG)

New Fortress Energy Signs Long-Term LNG Supply Agreement

Eight cargoes a year will be indexed to the Henry Hub price through 2030.

February 10, 2020

Public Capital

Saudi Stock Market Underperforms; Aramco Lowest Since IPO

Saudi Arabia's stock market led most Gulf bourses lower on Feb. 9 after oil prices plunged more than 6% at the end of last week, while oil giant Aramco fell for a sixth consecutive day.

February 10, 2020

Liquefied Natural Gas (LNG)

Total Rejects Force Majeure Notice From Chinese LNG Buyer

French oil major accuses a customer of trying to take advantage of coronavirus situation.

February 7, 2020

Crude Oil

Russia Needs More Time To Decide On OPEC+ Cuts, Novak Says

Russia Energy Minister Alexander Novak also noted U.S. oil output was not expanding as fast as before. "Oil production growth is slowing down there due to lower prices," he said.

February 7, 2020