Chinese Teapots Start Buying Crude for Two Refineries
Two independent Chinese refiners have started buying feedstock for two bankrupt refineries that they acquired from a state-owned…
US and UK Unveil Nuclear Agreement Ahead of Trump Visit
(Bloomberg) — The US and Britain will sign an agreement to make it quicker for companies in both…
Near-Default Prompts Korea to Push for Petrochem Sector
(Bloomberg) — A near-default by a major player has become a flashpoint for South Korea’s struggling petrochemical industry,…
Italy’s Snam Plans to Delay Open Grid Europe Deal, Sole Says
(Bloomberg) — Snam SpA’s purchase of a stake in German gas network operator Open Grid Europe from Abu…
Exxon CEO Says New Form of Graphite Boosts EV Battery Life,
(Bloomberg) — Exxon Mobil Corp. said it has invented a new form of graphite that can increase the…
Stocks Hold at Record as Traders Lock In Fed Bets: Markets
(Bloomberg) — A strong week on Wall Street is ending on a quiet note, with stocks holding near…
Chevron to Boost Investment in South Korea’s Refining and PetrochemicalsÂ
Chevron plans to invest heavily in petrochemicals and heavy oil upgrading in South Korea as part of a…
Global LNG Market Faces Looming Supply Glut After Years of
(Bloomberg) — The global market for liquefied natural gas faces a multiyear supply glut starting in 2026, potentially…
Another US-Sanctioned Russian LNG Shipment Lands in China
(Bloomberg) — A second tanker carrying liquefied natural gas from a US-sanctioned Russian export plant arrived in China…
Adnoc Is Said to Mull $10 Billion Plus Financing for Santos
(Bloomberg) — Abu Dhabi National Oil Co. is considering lining up more than $10 billion in debt financing…
Buffett’s Oregon Utility Says Fire Lawsuits Pose Shutdown
(Bloomberg) — Berkshire Hathaway Inc.’s PacifiCorp says ongoing litigation from massive wildfires in 2020 that exposed the company…
EQT signs 20-year-deal with NextDecade for 1.5 MTPA of LNG
EQT Corporation has announced that it has secured 1.5 million tonnes per annum of liquefaction capacity under a…