U.S. Extends Deadline for Sale of Lukoil’s Global Assets Again
The U.S. government has granted Lukoil a sixth extension, now until June 27th, to finalize the sale of its global assets. This prolonged process indicates significant complexities in divesting Lukoil'
Mitsui Eyes Global LNG Deals to Power the AI Data Center Boom
Mitsui is seeking LNG investment opportunities, including equity stakes and offtake agreements, to secure long-term power supply for data centers fueled by the
OilPrice·May 29
U.S. Crude Exports Surge To All-Time Highs Amid SPR Releases
U.S. crude oil exports have reached record highs, likely influenced by releases from the Strategic Petroleum Reserve (SPR). The article suggests a potential mar
OilPrice·May 29
Summer Heatwaves May Deepen the Global LNG Crunch
The global LNG market is facing increased pressure due to higher-than-expected summer temperatures and the El Niño weather pattern, which are expected to drive
OilPrice·May 28
Crude Mixed on Iran Truce Talks
Crude oil prices experienced mixed trading as the potential for a renewed Iran nuclear deal, which could increase global oil supply, was weighed against a repor
Rigzone·May 28
May 28
Chevron Files to Take 70% Stake in Greek Offshore Block