| | | | | | About 20 million b/d of crude oil and petroleum products transit the Strait of Hormuz, linking Persian Gulf producers—including Saudi Arabia, Iraq, Iran, the United Arab Emirates (UAE), and Kuwait—to global markets. Limited pipeline alternatives exist, but they cannot fully replace maritime export capacity. |
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| The oil production adjustments come at a time of heightened geopolitical uncertainty, with tensions in the Middle East threatening to disrupt oil shipments through key routes like the Strait of Hormuz. |
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| | | | Sponsored | | In natural gas networks, safety and efficiency are paramount. Our bundle for natural gas pipelines delivers precise flow, gas quality and BTU measurement to meet local and international standards, ensuring compliance and protecting operations. With reliable flow meters and complete metering solutions, you achieve consistent performance and maximize efficiency across your entire network. |
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| | | | Following QatarEnergy’s news that it has halted LNG production following the strikes on Iran, Venture Global’s CEO said his team is likely the top player today when it comes to cargos. Away from the conflict, executives expect exported cargos to top 500 this year. |
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| | The discovery is part pilot program aimed at brining fields into production within 2-3 years by pre-planning development. |
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| | | | Sponsored | | Plastatech® develops our PVC geomembranes with maximum flexibility for ease of handling and installation. Designed to resist temperatures and UV exposure, our products offer high tensile and puncture strength and long-term performance, ideal for reserve pits, ponds, pad liners, and secondary containment. |
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| | | After multiple status changes over the past decade, the lesser prairie chicken's threatened and endangered designation was overturned. |
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| | | | Glenfarne Group's subsidiary, Alaska LNG LLC, has signed a letter of intent with TotalEnergies to supply 2 million tpy of LNG for 20 years, pending project approval. |
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| | | Cheniere Energy's Corpus Christi LNG project receives approval for expansion, enhancing US LNG export capabilities and supporting global energy peace while fostering domestic prosperity. |
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| The deal brings Venture Global's long-term contracted portfolio to over 46 million tonnes/year.. |
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