Devon Energy Corporation (NYSE:DVN) on April 2 announced that it has completed the sale of its Canadian conventional assets to Canadian Natural Resources Limited for C$3.125 billion.
The United States Export-Import Bank halted a review of financing for a Russian natural gas export project after the Obama administration imposed sanctions on individuals including a billionaire with a stake in the facility, Bloomberg reported on April 1.
Japan's second-biggest utility, Kansai Electric Power Co, said it had signed a 20-year contract to buy 400,000 tonnes per year of U.S. Cameron liquefied natural gas (LNG) from trader Mitsui & Co at U.S. Henry Hub-linked prices, Reuters reported on April 1.
France's GDF Suez on March 28 agreed its first long-term liquefied natural gas (LNG) sales into Asia, signing a deal with Taiwan's state-run energy firm CPC as regional demand for the commodity surges, Reuters has reported.
America’s emergency stockpile of oil stands twice as large as the amount required by an international pact. George Soros has proposed selling some now to punish Russian President Vladimir Putin -- and U.S.
Russian gas producer Novatek's $27 billion Yamal LNG project won't be impacted by recent U.S. sanctions against a shareholder of the company, its chief executive said, Reuters reported on March 26.
The U.S. is ready to supply natural gas directly to Europe to decrease its dependence on Russian gas, U.S. President Barack Obama said at the U.S.–E.U. summit on March 26, Prime has reported.
Occidental Petroleum Corp., (OXY) seeking to raise as much as $8 billion by selling a stake in its Middle East business, said a political dispute in the region is complicating plans to sell to a single investor group, Bloomberg reported on March 26.
The Houston Ship Channel, home to the nation’s largest petrochemical complex and export port, reopened in nearly all directions of vessel traffic for the first time since a March 22 oil spill, Bloomberg reported on March 26.
The Obama administration gave the green light on March 24 for exports of liquefied natural gas (LNG) from a plant to be built in Oregon, the second such authorization this year, as pressure intensifies on the White House to use the U.S.