The Latest

Venture Global Acquires Nine LNG-powered Vessels

Venture Global plans to deliver the vessels, which are currently under construction in South Korea, starting later this year.

Permian Gas Could Make Mexico No. 4 LNG Exporter

Quantum Energy Partners-backed LNG project on Mexico’s West Coast to rely on gas from the Permian Basin.

Enterprise Products Partners Updates Permian Projects, Reports Earnings Slide

Lower commodity prices are blamed for the slide in Enterprise Product Partners’ second quarter results.

Oil Demand to Drop 50% in Transport by 2050, Report Says

DNV report says electrification will dominate road transport, but fossil fuel use will continue in other areas.

OTC: Alaska Oil Pipeline Still Goes with the Flow

Pipeline has employed groundbreaking engineering to move oil from Alaska for 46 years.

China's March Imports of Russian Oil May Hit Record: Shiptracking Data

Tanker tracking consultancies Vortexa and Kpler estimated nearly 43 MMbbl of Russian crude oil are set to reach China by March.

Albania Seizes 22,500 Tonnes of Suspected Russia Oil

Albania was one of the first countries to introduce sanctions on Russia a year ago when Moscow launched attacks on Ukraine.

Russian ‘Ghost Tankers’ Stalk Global Oil Markets

As many as 600 ghost tankers ferry Russian crude oil and oil products to markets at high risk and reduced prices.

Yemen’s Houthis Attack Al-Dhabba Oil Terminal, Force Ship to Leave

Panamanian-flagged vessel Pratika had entered the terminal to load a shipment of crude but left after the attack, workers said.

US New England Set to Get First LNG Cargo Since Summer

New England depends on LNG and oil to fuel some power plants on the coldest days when most of the region's pipeline gas is used to heat homes and businesses.