Energy Transfer Keeps Focus on Lake Charles LNG Despite Setbacks

Lake Charles LNG is facing regulatory hurdles with the Department of Energy, Energy Transfer executives said during second-quarter earnings call.

As China Dominates, Private Capital Vital for US Critical Minerals

Identifying solutions for the critical minerals challenge is a growing point of discussion as the U.S. works to strengthen its supply chain both domestically and abroad.

Could US LNG be ‘Stuck at Sea?’

U.S. LNG exporters could see cargos backing up as European storage levels near capacity and as Asian gas demand lags, with approximately 35 LNG ships sitting on the water for more than 20 or 30 days, according to a Bernstein report.

US-Mexico Energy Trade Reaches Record $81.9 Billion in 2022

Energy trade between the U.S. and Mexico reached a record $81.9 billion in 2022, according to new data from the U.S.-based Energy Information Administration (EIA).

Russia Resumes Oil Exports to North Korea After Long Pause

Russia resumed oil exports to North Korea in December, the first since 2020 as the two countries deepen ties. 

Venezuela, Iran Ink 25 Deals During State Visit

Venezuela and the Islamic Republic of Iran signed 25 deals across different development areas, including petrochemicals, during an official visit by Iranian President Seyed Ebrahim Raisi to Caracas.

European Union Will Tackle India's Concerns on Carbon Tax, Official Says

Last month, the EU approved the world's first plan to impose a levy on imports of high-carbon goods in 2026, prompting India to warn it would complain to the World Trade Organization.

Record US Exports, Rising Shale Output Boost Oil Flows

U.S. crude exports climbed to a record of about 4.5 MMbbl/d in March, spurred by recovering Chinese demand and competitive pricing for U.S. oil. 

Iranian Fuel Being Smuggled to Pakistan, Dealers Say

The Pakistan Petroleum Dealers Association said that in the past, the smuggling of fuel was limited to the Pakistani province of Balochistan, but that it has now spread to the rest of the country.

Repsol CEO Asks EU to Stop Imports of Russian Diesel to Europe through Third Destinations

Repsol CEO asks the European Union to enforce sanctions on Russia, prevent diesel imports from routing through third countries.