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Friday, September 11, 2026

Next Decade

Big oil warns about a looming LNG supply glut- oil and gas 360

Big oil warns about a looming LNG supply glut

September 12, 2025

(Oil Price)– Lately, Wall Street has been warning that oil markets could soon face a surplus, putting more pressure on already depressed oil prices. To wit, Goldman Sachs has predicted that oil markets could be oversupplied by 1.9 million b/d in 2026 amid OPEC+ unwinding production cuts and production in the Americas rising. Wall Street now sees oil prices sinking to the $50s

Baker Hughes, NextDecade enter framework agreement for Rio Grande LNG expansion- oil and gas 360

Baker Hughes, NextDecade enter framework agreement for Rio Grande LNG expansion

March 17, 2025

(World Oil) – Baker Hughes and NextDecade Corporation have entered into a framework agreement whereby NextDecade plans to utilize Baker Hughes’ gas turbine and refrigerant compressor technology (Equipment Packages) and enter into contractual services agreements to perform maintenance work for these Equipment Packages for Trains 4 through 8 at the Rio Grande LNG Facility. “Utilizing Baker Hughes’ industry-leading rotating equipment

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