Saturday, June 13, 2026

Russian Energy Firms Discuss Cooperation with Visiting Saudi Aramco Chief

From Reuters The head of Russian oil giant Rosneft, Igor Sechin, and Saudi Aramco Chief Executive Amin Nasser held talks in Moscow on Friday on areas for cooperation, Rosneft said. Rosneft, the world’s largest-listed oil producer by output, said in a brief statement that they “discussed a wide range of issues related to mutual interests and prospects for cooperation between

U.S. LNG Exports Are About to Reshape the Global Market

From Stratfor The U.S. shale revolution has had a major impact at home, but its echoes have reverberated less elsewhere around the world, at least where natural gas is concerned. That, however, is about to change. By the end of 2018, the United States will launch nine liquefied natural gas export projects that will have a collective liquefaction capacity of 36.7 million tonnes per

Brent Crude Follows U.S. Oil Toward Bear Market

From The Wall Street Journal Oil prices are on track for their longest losing streak in more than three decades as concerns about oversupply have rapidly returned to the market. The recent fall has wiped out all of oil’s gains for 2018. Light, sweet crude for December delivery fell 0.8% to $60.20 a barrel on the New York Mercantile Exchange,

Keystone Pipeline - Oil & Gas 360

Federal Judge Blocks Keystone XL Pipeline Permit

From The Wall Street Journal A federal judge in Montana on Thursday blocked the Trump administration’s permit allowing the Keystone XL pipeline and barred any construction of the long-delayed project until completion of a supplemental environmental review. Siding with environmentalists and indigenous rights groups, U.S. District Judge Brian M. Morris ruled that President Trump’s 2017 cross-border permit of the pipeline

Keystone Pipeline- Oil & Gas 360

Keystone XL Ruling Comes at Worst Time for Canadian Oil Industry

From Bloomberg Producers already grappling with shortage of pipeline space TransCanada line seen as key to relieving that congestion A Montana federal judge’s ruling that threatens to further delay TransCanada Corp.’s Keystone XL pipeline comes at one of the worst possible times for the Canadian oil industry. Energy producers in the northern nation already are struggling with a shortage of pipeline

How Investing in the American LNG Boom Backfired on Toshiba

From Bloomberg   Toshiba to pay ENN unit to take over its U.S. LNG business Toshiba soured on Freeport deal when energy prices crashed Buy high, sell low and guarantee a loss. It’s not exactly what Toshiba Corp. planned when it dipped its toes in liquefied natural gas trading. Yet that’s exactly how it turned out, as the Japanese industrial giant