FERC to Overhaul Approval Process for 'Routine' Gas Projects
The Federal Energy Regulatory Commission unveiled a proposal to revamp its approval process for smaller, so‑called “routine” natural‑gas pipeline projects. By creating a streamlined pathway that trims environmental review and reduces paperwork, FERC aims to cut permitting timelines dramatically. Industry groups welcomed the move, saying it will accelerate construction and lower costs for projects typically under 30 miles. The agency plans to issue a final rule by the end of 2026 after a public‑comment period.
More Non-US LNG Could Soon Be Flowing Into Atlantic Basin
Venezuela’s gas production outlook has improved sharply this year, reviving expectations for regional LNG growth. The boost positions neighboring Trinidad and Tobago to expand LNG export capacity in the late 2020s. Analysts anticipate that additional non‑U.S. LNG will flow into...
Critical Notices, May 29, 2026
Oxy has acquired a 10% stake in Exxon Mobil’s offshore block off Trinidad, bolstering the island’s effort to supply gas for the 12 million‑ton‑per‑year Atlantic LNG export project. Canada announced a landmark agreement to sell liquefied natural gas to Germany, its first direct...
Russia Yet to Capitalize on Mideast Supply Turmoil
Russia is finding it difficult to translate heightened global demand for non‑Middle‑East crude into higher export volumes. While the United States and United Kingdom have relaxed sanctions, Ukrainian drone strikes on Russian refineries and export terminals have constrained supply. Prices...
Upstream Synergies Drive Activity Across Atlantic Margin
Exploration activity is accelerating on both sides of the Atlantic, with West Africa and Latin America emerging as hotbeds for new oil and gas projects. Major oil companies such as BP, Shell and Petrobras are securing fresh offshore assets in...
Oil Prices, May 28, 2026
Energy Intelligence’s May 28, 2026 briefing highlighted a volatile oil market as the Middle‑East war keeps the Strait of Hormuz closed, pushing Brent crude above $85 a barrel and denting diesel sentiment. Russian oil exports remain constrained by Ukrainian strikes despite record‑high...
Crude Prices Dance Amid Shifting Mideast Headlines
Crude futures ended Thursday with minimal movement, slipping less than 0.2% as markets absorbed news that the United States and Iran are close to finalizing an outline for a peace agreement. The modest price action reflects traders’ cautious optimism that...
Gas and LNG Markets, May 27, 2026
Russia’s LNG production jumped 10% to 12.5 million tons in the first four months of 2026, according to the state statistics service. Meanwhile, Canada and Germany sealed a landmark long‑term LNG offtake deal, while China resumed spot LNG purchases after a...
Supermajors' Reserves Marked by Decline, Regional Density
Supermajor oil companies are seeing a measurable dip in proved reserves, with the latest data showing a 5%‑15% decline across the sector. The contraction is most pronounced in the Middle East, where geopolitical instability has accelerated reserve write‑downs. At the...
Canada, Germany Praise Landmark LNG Offtake Deal
Canadian and German officials praised a tentative agreement that would route liquefied natural gas from Canada’s Pacific coast to European buyers, likely through LNG trading or swap arrangements. The deal, still pending finalization, could provide Germany with a stable, non‑Russian...
Eni Green-Lights Cote D’Ivoire Baleine 3.0 Expansion
Eni announced the green‑light for Phase 3 of its Baleine offshore field in Côte d’Ivoire, marking the latest step in its aggressive sub‑Saharan expansion. The new phase will more than double the field’s current oil and gas output, positioning the project as...
Santos Sharpens LNG Growth Focus as Darwin Loadings Resume
Santos announced that cargo loadings from the Darwin LNG terminal have resumed, marking a key operational milestone. The company is using the restart to underscore the upcoming start‑up of its Barossa and Pikka offshore projects, which are projected to boost...
Can Indonesia Convert IOC Interest Into Long-Term Upstream Capital?
Indonesia’s deepwater discoveries and ambitious LNG export plans have reignited interest from major international oil companies (IOCs). However, investors remain wary of chronic permitting delays, mandatory domestic gas sales obligations, and increasing state intervention in upstream projects. The government’s draft...
Namibian Uranium Production Surges as Chinese Firms Ramp Up Exploration
Namibia’s uranium output rose again in 2025, marking a third consecutive year of growth. State‑owned Chinese nuclear giants China National Nuclear Corp. (CNNC) and China General Nuclear (CGN) boosted production through their local subsidiaries, while Australian miner Paladin Energy expanded...
Dominion-NextEra Merger Puts US Gas in AI Driver's Seat
Dominion Energy and NextEra Energy announced a $66.8 billion merger, creating the nation’s largest utility combination. The deal blends Dominion’s natural‑gas‑centric generation fleet with NextEra’s renewable‑heavy portfolio, positioning the new entity to meet the surging electricity needs of AI‑driven data centers....