FERC Approves Two New LNG Export Projects
The Federal Energy Regulatory Commission (FERC) today approved the Driftwood LNG and Pipeline projects, and the Port Arthur LNG and Pipeline projects.
April 18, 2019
Trade
Column: White House Will Tie Iran Sanctions Review To Response By Saudi Arabia
The White House will have to weigh costs and benefits carefully before tightening sanctions on Iran and Venezuela further–and decide whether the economic price is worth the diplomatic gains.
April 18, 2019
Indian Refiners Turn To OPEC, Mexico, U.S. To Make Up Iran Oil Gap
OPEC and other producers including Russia have gradually tightened supply through 2019 to reduce a global glut. OPEC and its partners may not renew the curbs when they expire after June because of the risk of over-tightening the market.
April 17, 2019
Iran Says US Pressures On Iran, Venezuela Making Oil Market Fragile
Iran's oil minister said on April 14 that U.S. sanctions on Iran and Venezuela and tensions in Libya have made the supply-demand balance in the global oil market fragile, and warned of consequences for increasing pressures on Tehran.
April 14, 2019
OPEC Could Raise Oil Output If Prices Increase, Shortages Mount
Venezuela output fall and Iran sanctions tightening market.
April 12, 2019
OPEC: Venezuela Reports Collapse In Oil Supply, Tightening Global Market
Country’s collapse has contributed to a 32% increase in crude oil prices this year.
April 10, 2019
Putin Says No Imminent Decision On Oil Output Cuts
Russia undertook to cut its production by 228,000 bbl/d but has struggled to comply with the pact.
April 10, 2019
Venezuela Pledges To Honor Oil Commitments To Cuba Despite Sanctions
U.S. imposed sanctions on 34 PDVSA vessels that have delivered oil to Cuba.
April 9, 2019
Russian Oil Output Down In March; Misses Global Deal Target
Sources told Reuters that Saudi Arabia is having a hard time convincing Russia to stay much longer in the OPEC-led pact, and Moscow may only agree to a three-month extension.
April 2, 2019
US-China Trade War Casts Chill Over LNG Market
Trump ‘is definitely making some headwinds for us,’ says a top executive at Cheniere.
March 29, 2019