export Archives - Oil & Gas 360

YPF unveils $25-billion investment plan to accelerate Vaca Muerta exports

May 19, 2026

(World Oil) — YPF has submitted a new application under Argentina’s Large Investment Incentive Regime (RIGI) for its LLL Oil development, a proposed $25-billion project aimed at accelerating large-scale oil exports from Vaca Muerta. The company said the project represents the largest oil export initiative currently proposed in Argentina and the biggest investment submitted under the RIGI framework to date. The development

Trump, Xi to weigh tariff cuts on $30 billion of imports in managed trade push

May 13, 2026

(BOE Report) – The U.S. and China are expected to inch toward a managed trade mechanism for non-sensitive goods this week, with each side possibly identifying some $30 billion worth of goods on which they could reduce tariffs and sell to each other without crossing national security red lines. The so-called “Board of Trade” was first broached by U.S. Trade

LNG Canada exports hit 1 million metric tons for first time in single month

May 4, 2026

(BOE Report) – Exports of liquefied natural gas from Canada’s LNG Canada plant topped 1 million metric tons in April, setting a monthly record, according to LSEG data. * LNG Canada is the country’s first major LNG export facility and the first on North America’s West Coast, giving it direct access to Asia, the world’s largest LNG market. * All

North America leads largest LNG export surge since 2022

December 30, 2025

(Oil Price)– Surging liquefied natural gas exports from new North American export plants likely pushed global LNG shipments in 2025 by the most since 2022, Kpler data showed on Tuesday. This year, global LNG supply swelled by 4% from 2024 to reach 429 million tons, per the vessel-tracking data from Kpler quoted by Bloomberg. The annual rise in 2025 would be

Russia sees scope for oil exports boost to China, urges cooperation in LNG

November 25, 2025

(BOE Report)– Russia sees scope to boost oil exports to China and to deepen cooperation on supplies of liquefied natural gas, Deputy Prime Minister Alexander Novak said on Tuesday in Beijing. China and India have become the main buyers of Russian oil since the start of Russia’s military campaign in Ukraine in February 2022. China imports roughly 1.4 million barrels

What could Maduro offer Trump in potential talks? Oil

November 25, 2025

(BOE Report)– Venezuelan President Nicolas Maduro has the flexibility and the incentive to offer crude oil cargoes, which the country mostly sells to China, as a bargaining chip if Venezuela were to hold negotiations with the United States. U.S. President Donald Trump’s administration, which has boosted its military presence in the Caribbean, has said he is open to talks with

Controversial $5 billion EACOP project is now three-quarters complete

November 20, 2025

(Oil Price)– The $5-billion East African Crude Oil Pipeline (EACOP), which is planned to export crude oil from Uganda via a port in Tanzania, is now 75% complete, moving landlocked Uganda a step closer to becoming an oil exporter. EACOP, a controversial pipeline project that has seen a lot of environmental opposition and planning and construction delays, is now about

Oil falls $1 a barrel as investors weigh Russia sanctions, OPEC+ output plans

October 28, 2025

(Investing)– Oil prices slipped around $1 a barrel on Tuesday and were on track for a third straight day of declines as investors considered the impact of U.S. sanctions against Russia’s two biggest oil companies on global supply, along with a potential OPEC+ plan to raise output. Brent crude futures were down $1.09, or 1.7%, to $64.53 a barrel at 10:44

ConocoPhillips to lay off Canada employees in November, company memo shows

October 24, 2025

(BOE Report)– U.S. oil company ConocoPhillips is laying off employees at its Canadian operations, according to three sources and a company memo reviewed by Reuters, as it moves to cut up to a quarter of its global workforce by next year. The memo did not specify how many layoffs would take place but said they would begin at the company’s Canadian

Alaska’s $44 billion LNG project nears key milestone as pipeline study wraps up

October 21, 2025

(Oil Price)– The proponents of the $44-billion Alaska LNG are expected to complete by the end of the year the crucial engineering and cost study for an 800-mile-long pipeline set to service the export project, U.S. Secretary of the Interior Doug Burgum has said. “There’s a lot of optimism about the Alaska LNG project, and the FEED study should be

North America’s LNG export capacity could more than double by 2029, EIA says

October 16, 2025

(Investing)– Liquefied natural gas exporters in the U.S. have announced plans to more than double U.S. liquefaction capacity, adding an estimated 13.9 billion cubic feet per day (Bcf/d) by 2029, the U.S. Energy Information Administration said on Thursday. The EIA cited its Liquefaction Capacity File and trade press reports for the forecast, and added that the U.S. is already the

IMF ups Saudi Arabia’s 2025 GDP growth forecast to 4% as oil output rises

October 14, 2025

(BOE Report)– The International Monetary Fund upgraded its 2025 economic growth forecast for Saudi Arabia on Tuesday due to a faster-than-expected unwinding of oil production cuts in the world’s top crude exporter. In its latest World Economic Outlook, the IMF lifted its forecast for Saudi Arabia’s GDP growth in 2025 to 4%, from 3% it projected in April. Growth in

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