For years, global LNG markets operated under a fairly comfortable assumption. Qatar would remain a stable supplier, the Middle East would continue functioning as the center of global LNG trade, and buyers in Europe and Asia could rely on long-term contracts to keep gas flowing.
May 26 (Reuters) - Santos (STO.AX), opens new tab will focus on boosting LNG and oil production in three core regions, Australia's No. 2 oil and gas producer said on Tuesday, as part of a new strategy aimed at reducing debt by $2.5 billion by the end…
One-fifth of global oil trade transits the Strait of Hormuz, a strategic risk that, given current events, has shattered supply-chain complacency in world energy markets. Similarly shattered is the illusion that the world is any less dependent on oil today than it was during the…
WINSTON-SALEM, North Carolina — The spike in gas prices is a national political calamity for the White House — but it’s also a local political challenge in every state of the union as Americans hit the road for the busiest travel season of the year.
The oil market still looks surprisingly calm for a system that has spent nearly three months absorbing the largest supply disruption in modern history. That should probably make people nervous.
Apocalyptic climate-change predictions were box-office gold for Hollywood but they did untold damage to the public psyche, economy and the average man’s pocketbook.
WASHINGTON, May 21 (Reuters) - The Trump administration intends to delay compliance with two Biden-era rules governing refrigerants as part of a broader effort to unwind the former president’s environmental agenda, Environmental Protection Agency Administrator Lee Zeldin said on Thursday.
Less than three years after a large fossil fuel company proposed expanding a major natural gas pipeline in New England, the company, Enbridge, is back with a new proposal.
President Trump convened a meeting on Iran with his top national security team on Monday evening that included a briefing on military options, two U.S. officials told Axios.