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Japan's JERA has no immediate LNG shortage, in talks for extra supply, exec says
TOKYO, March 14 (Reuters) - JERA, Japan's top power generator, faces no immediate shortage of liquefied natural gas despite the U.S.-Israeli war on Iran but is in talks with long-term suppliers about potential additional supply, a senior executive said on Saturday.Japan's largest LNG buyer h...Reuters
3 minutes ago
BP wins US approval for Kaskida project in Gulf of Mexico, spokesperson says
March 13 (Reuters) - British energy major BP BP.L has received approval from the Trump administration to advance its Kaskida project in the Gulf of Mexico, a company spokesperson told Reuters in an emailed statement late on Friday. The $5 billion investment would unlock 10 billion barrels of resourc...Reuters
11 minutes ago
Europe repaid Tokyo a favour by supporting oil stock release, Japan minister says
Japan last released its oil stockpiles in IEA-led coordinated action in 2022Asian buyers hit hard by Strait of Hormuz closure amid Iran warU.S. calls on allies to increase energy purchasesBy Yuka Obayashi and Katya Golubkova TOKYO, March 14 (Reuters) - Europe repaid Japan a favour when agreeing o...Reuters
33 minutes ago
WRAPUP 2-Trump threatens to hit Iran's Kharg Island oil network if shipping lanes remain blocked
US strikes 'obliterated' island's military targets, Trump saysIran vows retaliation for any attacks on energy infrastructureOil prices swing on Trump's changing outlooks for war's durationBy Bo Erickson, Parisa Hafezi, Maya Gebeily and Alexander Cornwell WASHINGTON/DUBAI/JERUS...Reuters
an hour ago
Kharg Island, struck by US, is key hub for Iran oil exports
Kharg Island is vital for Iran's oil exports, handling 90% of shipmentsIran is key oil supply source for ChinaIsland long seen as key vulnerability for Iran By Tony Munroe March 14 (Reuters) - Kharg Island, where U.S. forces on Friday destroyed military targets, is the hub for 90% of Iran'...Reuters
an hour ago
US, Japan agree on their roles in potential nuclear power project, Westinghouse says
TOKYO, March 14 (Reuters) - The United States and Japan have agreed on the roles they will take in a potential joint nuclear project involving Westinghouse and Japanese nuclear power equipment makers, Dan Lipman, president of global business initiatives at Westinghouse, told Reuters on Saturday. Jap...Reuters
3 hours ago
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
4 hours 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
4 hours 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
4 hours 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
4 hours 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
4 hours 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
5 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
6 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
6 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
6 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
7 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
7 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
8 hours ago
