| | | | | | Analysts said energy security is increasingly outweighing cost considerations in LNG procurement decisions, a trend likely to persist even if the Middle East conflict ends. |
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| | | | Mercuria Energy Group agreed to acquire Raízen's downstream operations in Argentina, including a major refinery and related infrastructure, for $1.42 billion. |
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| | | | The project, backed by FERC approval and MUFG financing, involves constructing new caverns and infrastructure to help address natural gas storage needs driven by LNG exports, geopolitical pressure, and growing energy demand. |
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| | | | Oil drilling drove the gain in Canada, with 115 rigs running this week, 6 more than the previous week. |
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| | | The company broke ground on the site of a former refinery that ceased operations in the 80s. The proposed refinery is designed with an initial crude processing capacity of 30,000 b/d, expandable to 50,000 b/d. |
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| | | The deepwater acreage primarily lies in western waters. |
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| | | The company said its entry into The Gambia is part of a strategy to build a geographically diversified portfolio, including opportunities in proven but still underexplored areas as well as emerging and frontier areas with high potential. |
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