ADNOC Moves Ahead With Huge LNG Export Project in UAEJune 12, 2024 Mariel Alumit

Abu Dhabi’s national oil company ADNOC has taken the final investment decision to move forward with the Ruwais LNG project, which will more than double the existing LNG production capacity in the United Arab Emirates. […]

U.S. LNG Shipped to Asia Is Still Cleaner Than CoalJune 12, 2024 Mariel Alumit

US LNG shipped to Asia has a lower value-chain emissions footprint than coal-fired power generation, even over long distances. Uncertainties regarding methane emissions and variations in emissions intensity between different sources and types of LNG […]

Houston energy company to build largest new refinery in half a centuryJune 11, 2024 Mariel Alumit

A Houston company will construct the largest new refinery in the last 50 years in Brownsville, Texas. Element Fuel Holdings LLC is spending between $3 and $4 billion on the project, which will produce more than 160,000 […]

Citi Says Oil Could Crash to Sub-$60 LevelJune 12, 2024 Mariel Alumit

Citi analysts have painted a bleak picture for the oil market, forecasting a significant price drop by 2025. According to their latest note, they anticipate a decline to $60 per barrel for Brent crude, marking […]

Matador Resources Company Announces Strategic Bolt-On Delaware Basin AcquisitionJune 12, 2024 Mariel Alumit

DALLAS–(BUSINESS WIRE)–Jun. 12, 2024– Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that a wholly-owned subsidiary of Matador has entered into a definitive agreement to acquire a subsidiary of Ameredev II Parent, LLC (“Ameredev”), including certain […]

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