Monday, June 15, 2026
Russia's May oil output hits 11-month low on dirty oil crisis - Oil & Gas 360

‘Bridge to Nowhere’ Leaves Pent-Up Permian Gas Problems Unsolved

From Bloomberg A major Mexican pipeline opened this week after almost two years of delays. That’s the good news for drillers across the border who are seeking an expanded market for natural gas siphoned from the pent-up Permian Basin. The bad news: The conduit won’t fill to capacity until construction is completed on the new power plants it’s designed to

Not Dead Yet: Home of Brent Crude Gets New Lease of Life

From Reuters Oil giant BP’s Eastern Trough Area Project off the coast of Scotland wasn’t supposed to be viable beyond 2018. But government and industry working together have given ETAP a new lease of life that is being closely watched by countries and companies eyeing other ageing projects around the world. When ETAP was launched 20 years ago today, some

For the Global LNG Industry, Is the FSRU Honeymoon Over?

From Reuters A giant vessel docked at the port of Moheshkhali in Bangladesh two months ago, propelling the populous but poor nation into the fast-expanding club of liquefied natural gas (LNG) buyers. The Excellence is the latest floating storage and regasification unit (FSRU), a type of carrier that has proliferated since 2015 as many countries switch to a cleaner and

OPEC Cuts Will Bring Crude Oil into Balance in 2017: UBS

Methanex to Supply 2.4 Million Tonnes of Natural Gas Annually to New Zealand

Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that it has signed agreements in New Zealand that are expected to supply gas to underpin over half of Methanex’s 2.4 million tonnes of annual production capacity in New Zealand for a period of 11 years through 2029. These new agreements will combine with contracts from other natural gas producers to supply our New