Friday, September 26, 2025

China Will Buy More LNG, But Wants It Smoother, Less Lumpy

From Reuters China appears set to once again boost its purchases of liquefied natural gas (LNG) for the northern winter, but unlike last year’s rush, this time the process is likely to be more organized and stable. In recent weeks there have been several indicators that China is planning on increasing the use of natural gas in winter heating, replacing

Russia’s Oil Industry Can Shoulder Extra Taxes, Finance Ministry Says

From Reuters Russia’s oil industry is awash with cash and will be able to withstand the planned 1 trillion rubles ($15 billion) in extra taxes over the next six years, Alexei Sazanov, the head of the tax department in the finance ministry, said in an interview. The government is looking for extra money to implement President Vladimir Putin’s pledges of

Justin Trudeau -oilandgas360

Pipeline Politics Leave Canada’s Prime Minister in Peril

From Reuters With one surprise court ruling, Canadian Prime Minister Justin Trudeau faces the risk of contesting next year’s election with key pieces of his economic and environmental plans in ruins. The Federal Court of Appeal overturned on Thursday the Liberal government’s 2016 approval to expand Trans Mountain, a critical pipeline to link Canadian crude with foreign markets, followed hours