Venture Global LNG has filed a lawsuit against Kiewit, alleging the unauthorized disclosure of confidential documents to Shell, intensifying the legal disputes over the Calcasieu Pass LNG plant.
© 2024 Energy News Africa Plus. All Rights Reserved.
-
-
Citgo auction heats up as Carl Icahn-backed CVR Energy and creditor groups compete for control, amid unresolved Venezuela debt claims.
-
Hess shares drop significantly due to a new delay in its sale to Chevron, with arbitration pushing the merger timeline to late 2025 and impacting investor confidence.
-
OPEC+ keeps its current oil output policy unchanged, hinting at a possible pause or reversal of planned production hikes in October to stabilize the market.
-
Oil prices surged nearly 3% due to escalating Middle East tensions and a significant drop in U.S. crude stockpiles, highlighting the volatile nature of global energy markets.
-
An aerial survey reveals that U.S. oil and gas fields emit methane at rates four times higher than federal estimates, indicating a much greater climate impact.
-
US oil and gas mergers hit $30 billion in Q2 2024, with major deals like ConocoPhillips’ bid for Marathon Oil driving significant industry activity and consolidation.
-
Brazilian prosecutors demand Ibama respond to Petrobras’ Amazon drilling license request, spotlighting the clash between economic development and environmental conservation.
-
The U.S. Department of Energy finalizes a contract to purchase 4.65 million barrels of crude oil for the Strategic Petroleum Reserve, reinforcing national energy security.
-
European clean energy companies are rethinking U.S. expansion plans due to fears of Trump’s potential return, which could impact the Inflation Reduction Act and clean energy investments.