The Latest

Court Petitioned to Intervene in Calcasieu Pass 2 LNG Project

The D.C. Circuit is to consider the case for Venture Global's Calcasieu Pass 2 LNG facility in Louisiana.

US LNG Export Market Share Reaches 21%, Despite Biden Pause

Despite the Biden administration’s pause on LNG export facilities, the U.S. took the spot as global LNG exporter in 2023, overtaking Australia, Qatar and Russia, according to the International Gas Union.

What's Affecting Oil Prices This Week? (Sept. 9, 2024)

Within the context of lower oil prices and disappointing economic data, members of OPEC+ have decided to delay the unwinding of voluntary cuts, which were expected at the end of September. 

US Sanctions Two Tankers Linked to Russian LNG Traffic

The U.S. State Department’s sanctions follow earlier accusations against Russia creating a “ghost fleet” of tankers.

FERC Approves Iberdrola’s $2.6B Deal for Avangrid’s Shares

Iberdrola, which owns about 81.6% of Avangrid, said in May it would buy Avangrid’s remaining 18.4% stake, held in outstanding shares that Avangrid doesn’t own.

Fitch Warns of Citgo Credit Risks but Affirms Stable Outlook

Rating agency Fitch affirmed the default rating of U.S. refiner Citgo Petroleum Corp. at 'B' with a stable outlook, while highlighting operational risks and contagion effects from U.S. sanctions on Citgo's Caracas-based parent PDVSA.

NextEra Advanced in Texas Loan Program—Without Ever Applying

The Texas Public Utility Commission threw out a loan application after learning—from NextEra—that it wasn’t part of an electricity generation project submitted by Aegle Power.

Darbonne: ‘The Dance’ of US Policy Leaving Energy Mid Slip

The 1909 Matisse painting known as “The Dance” demonstrates the outcome of one of the U.S.’ pillars falling down.

Hirs: The State of Texas vs. Texans—A Matter of Life, Death and Money

Texas is a case study on the dangers of weak regulation.

Texas Selects 17 Power Projects to Advance in New Loan Program

The 17 proposed projects would add 9,781 megawatts in power generation to the electric grid and will be distributed throughout the state, with four located in the Permian Basin.