Friday, August 8, 2025
U.S. sanctions block hurry-up work on Russian gas pipeline: officials- oil and gas 360

U.S. sanctions block hurry-up work on Russian gas pipeline: officials

Reuters WASHINGTON – Any companies that rush to finish building a Russian natural gas export pipeline to Germany that came under U.S. sanctions this month risk being penalized, senior U.S. officials said on Sunday. President Donald Trump signed a bill late this month imposing sanctions on the Nord Stream 2 gas pipeline project led by Gazprom (GAZP.MM), Russia’s state-controlled gas

Summit Midstream Partners, LP announces agreement with TPG for financing solution of Double E Pipeline - oilandgas360

Summit Midstream Partners, LP announces agreement with TPG for financing solution of Double E Pipeline

Summit Midstream Partners THE WOODLANDS, Texas, – LP (NYSE: SMLP) announced today that it has entered into agreements with TPG, a global alternative asset firm (“TPG”), for the purchase of up to $80 million of redeemable, preferred interests in Summit Permian Transmission Holdco, LLC (“Permian Holdco”), a newly created, unrestricted subsidiary of SMLP that indirectly owns SMLP’s 70% interest in

U.S. LNG exports soar in 2019 but supply glut may await in 2020- oil and gas 360

U.S. LNG exports soar in 2019 but supply glut may await in 2020

Reuters U.S. exporters of liquefied natural gas (LNG) head into 2020 after a record year that saw exports soar by more than 60%, but growing concerns about weakened demand and heavy competition could act as headwinds in the coming year. Four new liquefaction trains – the common term for a shipping facility – entered service this year in the United

Fuel prices rise for first time in two months- oil and gas 360

Fuel prices rise for first time in two months

Houston Chronicle Fuel prices rose last week for the first time in several weeks, but that doesn’t mean gasoline costs are back on the rise for long. The cost of a gallon of regular unleaded jumped nearly 4 cents up to $2.19, while the national average rose almost 2 cents to $2.57, according to GasBuddy, which tracks fuel pricing nationwide. “The streak has

Oil hits three-month high on upbeat data, Middle East tension- oil and gas 360

Oil hits three-month high on upbeat data, Middle East tension

Reuters NEW YORK – Oil prices rose on Monday to three-month highs, lifted by optimism over an expected China-U.S. trade deal and upbeat industrial data, while traders kept a close watch on the Middle East following U.S. air strikes in Iraq and Syria. Brent crude futures LCOc1 gained 55 cents to $68.71 a barrel by 11:17 a.m. EST (1617 GMT).