Exxon Plans to Ramp Up Guyana Gas Output, Sees Potential for Exports
Exxon's developments off the coast of Guyana have turned the South American nation into the world's fastest-growing major oil producer.
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Tokyo Gas to Sell USA Shale Stake Amid Activist Elliott Scrutiny
Japan's largest gas utility has been under Elliott's scrutiny since last year.
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WTI Slips 2% as Key Support Level Breached
Oil fell over 2% as a key technical breach and potential Iraqi supply increase pressured prices, while OPEC+ considers delaying production hikes.
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USA, Ukraine Ramp Up Talks on Minerals Deal During Envoy Trip
The U.S. continues to pursue the mineral deal.
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USA Crude Oil Inventories Rise by 4.6MM Barrels WoW
Crude oil stocks, not including the SPR, stood at 432.5 million barrels on February 14, according to the EIA.
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Expansion of Corpus Christi LNG in Texas Starts Delivery
Cheniere produced the first cargo from a project expanding the Corpus Christi LNG terminal in the namesake Texan city.
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Miami Chosen by Saudi Arabia for Second USA Investment Office
Saudi Arabia will open an investment office in Miami.
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OMV Petrom Starts Building SAF, HVO Unit at Romania Refinery
OMV Petrom began construction of a SAF and renewable diesel unit with a combined capacity of 250,000 metric tons a year at its Petrobrazi refinery in Romania.
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USA EIA Projects Diesel Price Decrease in 2025, Increase in 2026
The EIA's February STEO forecast that the U.S. on-highway diesel fuel price will average $3.63 per gallon in 2025 and $3.70 per gallon in 2026.
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ADNOC Gas Delivers Record $2.84 Billion Placement
ADNOC achieved what it said is the biggest placement on the Abu Dhabi exchange, raising about $2.84 billion from issuing 3.1 billion shares in its integrated gas processing arm to institutional investors.