May 22, 2025

CP2 project approval will make Venture Global the top U.S. LNG firm

May 22, 2025

(Oil Price) – Venture Global is on track to surpass Cheniere Energy to become the biggest U.S. LNG company by liquefaction capacity if regulators approve the CP2 export project, Reuters reports, citing LSEG and project data. Venture Global is urging the Federal Energy Regulatory Commission (FERC) to greenlight its third liquefaction plant, CP2 in Louisiana, by the middle of the year. The CP2 LNG

Canada’s crude oil shift to China schools Trump in unintended consequences: Russell

May 22, 2025

(BOE Report) – If there is a law of unintended consequences, then a good example is how commodity markets are adjusting to both the realities and the perceived threats of the tariff war launched by U.S. President Donald Trump. Trump’s trade and tariff measures have forced commodity producers, traders and buyers to re-think long-established relationships, adapt to emerging realities and

From Vision to Action: PRC Europe 2025 Sparks Industry Transformation

May 22, 2025

(Oil & Gas 360) – The energy epicentre of Europe shifted to Milan on 19-21 May as PRC Europe 2025 brought together the leaders from the downstream sector. Supported by the Host Sponsor, Eni S.p.A., and Regional Partners including Technip Energies, Sonatrach Raffineria Italiana S.r.l., Wood and Saras S.p.A., the Congress united specialists to forge partnerships and develop solutions advancing the

House’s passing of Trump’s “One Big Beautiful Bill Act” is a win for U.S. energy, agencies say

May 22, 2025

(World Oil) – Leaders from the National Ocean Industries Association (NOIA), American Petroleum Institute (API) and the Independent Petroleum Association of America (IPAA), issued statements today in support of the U.S. House of Representatives’ passage of the 2025 tax reconciliation bill. “House passage of this legislation is a significant milestone in advancing American energy dominance,” said NOIA President Erik Milito. “Many of

Oil prices slip on potential further increase in OPEC+ output

May 22, 2025

(Investing) – HOUSTON -Oil prices fell on Thursday after a report that OPEC+ is discussing a production increase for July, stoking concerns that global supply could exceed demand growth. Brent futures fell 57 cents, or 0.88%, to $64.34 a barrel by 11:17 a.m. EDT (1517 GMT). U.S. West Texas Intermediate crude was down 53 cents, or 0.86%, at $61.04. The Organization of

Weekly Gas Storage: Inventories increase by 88 Bcf- oil and gas 360

Weekly Gas Storage: Inventories increase by 120 Bcf

May 22, 2025

Natural Gas Inventories as of May 16, 2025 The EIA has released its natural gas inventory report, showing a net increase of 120 Bcf as of May 16, 2025. Working gas in storage was 2,375 Bcf as of Friday, May 16, 2025, according to EIA estimates. This represents a net increase of 120 Bcf from the previous week. Stocks were

CP2 project approval will make Venture Global the top U.S. LNG firm

Canada’s crude oil shift to China schools Trump in unintended consequences: Russell

From Vision to Action: PRC Europe 2025 Sparks Industry Transformation

House’s passing of Trump’s “One Big Beautiful Bill Act” is a win for U.S. energy, agencies say

Oil prices slip on potential further increase in OPEC+ output

Weekly Gas Storage: Inventories increase by 120 Bcf

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