Saturday, 22 February 2025

Focus on Liquefied Petroleum Gas

FILE PHOTO: Liquified petroleum gas vessel Zita Schulte is seen docked at the port of Corpus Christi, Texas, U.S., May 15, 2023. REUTERS/Arathy Somasekhar/File Photo
IndustryInfrastructureLiquefied Petroleum GasMaritimeNewsOilTransmissionWeather

US Gulf of Mexico oil firms begin hurricane damage checks, ports reopen

Gulf oil producers and refineries are restarting after Hurricane Francine caused shutdowns, power outages, and export disruptions.

Tysvaer, Norway, August 24, 2024. Jan Kare Ness/NTB via REUTERS
FuelLiquefied Natural GasLiquefied Petroleum GasNatural GasNews

Greta Thunberg, activists block Norwegian gas processing plant, media reports say

Climate activist Greta Thunberg and campaigners from the environmental group Extinction Rebellion have blocked the Kaarstoe plant.

AnalysisBusinessClimateCoalEmissionsLiquefied Natural GasLiquefied Petroleum GasNatural GasOilPoliticsReportsTrade

Investment treaties are stalling energy transition — but this can be fixed

Investment treaties with investor-state dispute settlement provisions shield fossil fuel investments, hindering global energy transition efforts: E3G

TC Energy headquarters in Calgary, Alta. on July 30. TC Energy Corp. says it and its partner Northern New England Investment Company successfully completed the sale of Portland Natural Gas Transmission System. THE CANADIAN PRESS/Todd Korol
BusinessElectricityFuelInfrastructureLiquefied Natural GasLiquefied Petroleum GasNatural GasNewsOilTransmissionUtilities

TC Energy completes sale of Portland Natural Gas Transmission System

TC Energy and its partner completed the $1.14B sale of Portland Natural Gas Transmission System to BlackRock and Morgan Stanley.

FILE PHOTO: The logo of Reliance Industries is pictured in a stall at the Vibrant Gujarat Global Trade Show at Gandhinagar, India, January 17, 2019. REUTERS/Amit Dave/File Photo
BusinessFuelLiquefied Petroleum GasNewsOilTrade

India’s Reliance in crude-for-naphtha swap deal with Venezuela: sources

Reliance Industries plans to use naphtha as partial payment for Venezuelan crude, resuming trade after U.S. approval.

FILE PHOTO: A Marathon Oil well site is seen in Texas, U.S., May 18, 2020. REUTERS/Jennifer Hiller/ File Photo
BusinessFinanceFuelIndustryInfrastructureLiquefied Natural GasLiquefied Petroleum GasNatural GasNewsOilTransmissionUtilities

Marathon Oil misses profit estimates on weak natural gas prices

Marathon Oil missed Q2 profit estimates due to falling natural gas prices, with shares dropping 1.7% after the announcement.

FILE PHOTO: The Suncor Energy logo is seen at their head office in Calgary, Alberta, Canada, April 17, 2019. REUTERS/Chris Wattie/File Photo
BusinessFinanceFuelLiquefied Petroleum GasNewsOil

Suncor Energy beats quarterly profit estimates on robust production

Suncor Energy beat analysts' estimates for Q2 profit on Tuesday, helped by higher oil prices and a rise in oil sands production.

FILE PHOTO: A sign of Citgo Petroleum is seen at its headquarters in Houston, Texas, U.S., January 11, 2024. REUTERS/Go Nakamura/File Photo
BusinessCourtsFuelLiquefied Petroleum GasNewsOilPolitics

Citgo auction pits Icahn-backed oil refiner, creditor group

Icahn and creditors battle in final bids for Citgo, aiming to claim stakes in $21.3B Venezuelan debt auction.

FILE PHOTO: The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid/File Photo
BusinessFuelLiquefied Petroleum GasNewsOil

Occidental closes $12 billion CrownRock deal

Occidental Petroleum said on Thursday it has closed its $12 billion deal to buy CrownRock.

FILE PHOTO: A Valero logo is seen at a Valero gas station in Hoboken, New Jersey, U.S., May 2, 2016. REUTERS/Mike Segar/File Photo
BusinessFuelLiquefied Petroleum GasNewsOil

Valero plans to run refineries at 92% of combined capacity in Q3 2024

Valero Energy plans to run its refineries at up to 92% capacity in Q3 2024, with high operation rates on the Gulf Coast,...

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