Sunday, June 22, 2025

U.S. Gas Users Warn of LNG Export Impact

Competition cuts liquefaction costs From Petrochemical Update A flurry of Gulf Coast LNG export facilities is set to raise U.S. domestic gas prices in the coming years and developers are optimizing liquefaction technology to capitalize on growing arbitrage opportunities between U.S. and global gas markets, analysts said. The U.S. started to export LNG from the lower 48 states in February

U.S. Treasury Says ‘No’ to Exxon Drilling Waiver for Russia

From The Hill The Treasury Department will not grant Exxon Mobil Corp.’s request for a waiver allowing it to work with Russia’s state oil company on a joint drilling venture, the agency said Friday. “In consultation with President Donald J. Trump, the Treasury Department will not be issuing waivers to U.S. companies, including Exxon, authorizing drilling prohibited by current Russian