Author: Charles Kennedy
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Venture Global’s New Plaquemines Plant Begins LNG Production
Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy – Dec 16, 2024, 11:30 AM CST Venture Global has reached first LNG production at its second facility, Plaquemines LNG, in Port Sulphur, Louisiana, the U.S. LNG plant developer says. The 20-million-mtpa Plaquemines LNG plant achieved the first production milestone 30 months…
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Profits at Commodity Trader Trafigura Tumble Amid Mongolia Fraud
Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy – Dec 13, 2024, 10:30 AM CST Trafigura saw its net profit for the financial year 2023/2024 ended on September 30 plunge by 62% as the commodity trading giant recorded a loss of $1.1 billion related to serious misconduct by individuals in…
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Hungary Seeks US Sanctions Waiver for Gazprombank Gas Payments
Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy – Dec 04, 2024, 9:00 AM CST Hungary, which continues to receive Russian natural gas via pipeline, has asked U.S. authorities to exempt Russia’s Gazprombank from the sanctions when payments for natural gas are processed, Hungarian Foreign Minister Peter Szijjarto said on…
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Brazil’s Hydropower Generation Returns as Historic Drought Eases
Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy – Dec 03, 2024, 12:30 PM CST One of the biggest hydropower plants in South America is ramping up electricity generation as the historic drought in the Amazon in September and October has eased and the rainy season has begun. The Santo…
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Ukraine Claims Hit on Oil Depot in Russia
Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy – Nov 29, 2024, 9:29 AM CST Ukraine hit on Friday an oil depot in Russia’s southern region of Rostov amid an escalation of attacks from both Russia and Ukraine in recent days. Early on November 29, Ukraine hit the Atlas oil…
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Syria Re-emerges As Key Flashpoint in Middle East War
Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy – Nov 28, 2024, 2:00 PM CST As Israel hastens its attacks on Iranian proxies in Syria, amid the fragile ceasefire with Hezbollah in Lebanon, Syrian rebels in the north are resurging to ride these tailwinds with a significant offensive on government-controlled…
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Trump Urged to Make Oil-for-Migrants Venezuela Deal
Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy – Nov 28, 2024, 6:46 AM CST U.S. businessmen are quietly lobbying President-elect Donald Trump to drop the ‘maximum pressure campaign’ on Venezuela in his second term in office and strike a deal with Nicolas Maduro, the Wall Street Journal reports. A…