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BP Wins Ok For First New Gulf Project Since Deepwater Horizon Tragedy - Bloomberg News
March 13 (Reuters) - BP WINS OK FOR FIRST NEW GULF PROJECT SINCE DEEPWATER HORIZON TRAGEDY - BLOOMBERG NEWSBP’S DEEPWATER KASKIDA PROJECT IS SCHEDULED TO START CRUDE PRODUCTION IN 2029 - BLOOMBERG NEWSSource text: [https://tinyurl.com/5p4n6fwh]Reuters
9 minutes ago
US authorizes 13% increase in exports at Venture Global's Plaquemines LNG terminal
March 13 (Reuters) - U.S. Secretary of Energy Chris Wright has authorized a 13% increase in exports at Venture Global's VG.N Plaquemines liquefied natural gas terminal in Louisiana, the U.S. Department of Energy said on Friday. The move allows additional exports of up to 0.45 billion cubic feet ...Reuters
13 minutes ago
Venture Global sees global LNG prices volatility 'very short-term', CEO says
By Katya Golubkova and Yuka Obayashi TOKYO, March 14 (Reuters) - Global liquefied natural gas price volatility caused by the Middle East crisis is "very short-term", Mike Sabel, chief executive officer with Venture Global VG.N, told the Indo-Pacific Energy Security Ministerial and Busines...Reuters
29 minutes ago
US authorizes 13% increase in exports at Venture Global's Plaquemines LNG terminal
March 13 (Reuters) - U.S. Secretary of Energy Chris Wright has authorized a 13% increase in exports at Venture Global's VG.N Plaquemines liquefied natural gas terminal in Louisiana, the U.S. Department of Energy said on Friday.Reuters
45 minutes ago
US says oil from strategic reserve to start reaching market next week
March 13 (Reuters) - The Trump administration said on Friday it expects early deliveries of oil from the U.S. strategic petroleum reserve to reach the market by the end of next week as part of an effort to combat the energy price spike since the start of the Iran war. The oil will be released in the...Reuters
49 minutes ago
US FAA lifts ground stop at the three Washington-area airports
By David ShepardsonWASHINGTON, March 13 (Reuters) - The U.S. Federal Aviation Administration on Friday night lifted a ground stop that had halted traffic at the three primary Washington-area airports for several hours after air traffic had to halt work because of a strong chemical smell tied to a ci...Reuters
2 hours ago
Trump administration directs Sable Offshore to restore Santa Ynez oil unit
LOS ANGELES, March 13 (Reuters) - The Trump administration on Friday directed Sable Offshore SOC.N to restore oil drilling operations off the southern California coast, the U.S. Energy Department said.The move aims to restart oil production at a cluster of offshore platforms as fuel prices continue ...Reuters
2 hours ago
WRAPUP 14-Trump says US struck military targets on Iran's Kharg Island oil hub
Island handles 90% of Iran's oil exportsTrump issued 30-day waiver for Russian oil purchasesUS sending additional forces to Middle EastBy Bo Erickson, Parisa Hafezi, Maya Gebeily and Jarrett Renshaw WASHINGTON/DUBAI/BEIRUT/JERUSALEM, March 13 (Reuters) - The United States on Friday destroyed ...Reuters
2 hours ago
Storms cut power to over 1 million customers in US Midwest, Mid-Atlantic; Ohio hardest hit
By Scott DiSavinoNEW YORK, March 13 (Reuters) - More than 1 million homes and businesses were without power on late Friday as severe storms battered the U.S. Midwest and Mid-Atlantic region, according to data from PowerOutage.us.The hardest-hit state was Ohio, with around 598,204 outages, representi...Reuters
3 hours ago
BP revises Whiting oil refinery contract offer after union members reject proposal
March 13 (Reuters) - BP BP.L on Friday issued a revised contract offer to union workers at its Whiting, Indiana, oil refinery after members of the United Steelworkers overwhelmingly rejected what the company had described as its "last, best and final" proposal.The USW stated that "an unp...Reuters
3 hours ago
BP revises Whiting oil refinery contract offer after union members reject proposal
March 13 (Reuters) - BP BP.L on Friday issued a revised contract offer to union workers at its Whiting, Indiana, oil refinery after members of the United Steelworkers overwhelmingly rejected what the company had described as its "last, best and final" proposal.The USW stated on Thursday that...Reuters
4 hours ago
Venezuela and Colombia discuss security as Rodriguez calls for end to US sanctions
Ministers hold first post-Maduro in-person meetingRodriguez calls for end to US sanctions against VenezuelaMeeting focused on energy cooperation, security, and tradeVenezuela plans to repair pipeline for gas exports to ColombiaBy Vivian Sequera, Mayela Armas and Luis Jaime Acosta CARACAS/BOGOTA, ...Reuters
4 hours ago
Iran war deprives US farmers of affordable fertilizer as spring planting looms
Fertilizer shortage due to Iran war alarming US and Canadian farmersFertilizer dealers could be 25-35% short of usual spring fertilizer suppliesPrices have surged since Iran war beganBy Ed White WINNIPEG, Manitoba, March 13 (Reuters) - Farmers in the U.S. and Canada, already worried about another...Reuters
4 hours ago
BP On Whiting Refinery Negotiations: Met With Union Bargaining Committee To Issue Revised Offer
March 13 (Reuters) - BP ON WHITING REFINERY NEGOTIATIONS: MET WITH UNION BARGAINING COMMITTEE TODAY TO ISSUE REVISED OFFER, ASK QUESTIONS, AND GATHER FEEDBACKBP ON WHITING REFINERY NEGOTIATIONS: IN REVISED OFFER, $7,500 LUMP SUM CONSIDERATION REDUCED TO $2,500BP ON WHITING REFINERY NEGOTIATIONS: REV...Reuters
5 hours ago
US expands Venezuela sanctions waivers in move to boost fertilizer exports and electricity investment
US eases Venezuela sanctions for oil and fertilizerInvestment allowed in energy and petrochemicalsMove aims to lower prices, aid US farmersBy Jarrett Renshaw PALM BEACH, Florida, March 13 (Reuters) - The U.S. on Friday expanded sanctions waivers on Venezuela, easing the way for investment in the ...Reuters
5 hours ago
TABLE-Mexico's Pemex sets April Maya price for international buyers
MEXICO CITY, March 13 - Mexican state oil company Pemex revised its April term pricing formulas for crude shipped to customers in the Americas, Europe and Asia, the company's trading arm said on Friday.The following table lists adjustments to price constants for Pemex's flagship Maya heavy c...Reuters
5 hours ago
S&P Affirms Ratings On Saudi Arabia At 'A+/A-1' With 'Stable' Outlook
March 14 (Reuters) - S&P:S&P: RATINGS ON SAUDI ARABIA AFFIRMED AT 'A+/A-1'; OUTLOOK STABLES&P: STABLE OUTLOOK REFLECTS VIEW THAT SAUDI ARABIA WILL BE ABLE TO WEATHER THE ONGOING REGIONAL CONFLICTS&P: CURRENT BASE CASE IS THAT MAIN THREATS TO SAUDI ARABIA WILL BEGIN TO FADE BY...Reuters
5 hours ago
CANADA-CRUDE-Discount on Western Canada Select widens
March 13 (Reuters) - The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures CLc1 widened on Friday.WCS for April delivery in Hardisty, Alberta, settled at $13.20 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared to $1...Reuters
5 hours ago
