U.S. President Donald Trump's administration on Tuesday unveiled a comprehensive schedule to hold more than 30 offshore oil and gas lease sales in the Gulf of Mexico and Alaska's Cook Inlet over the next 15 years.The plan fulfills a directive in Trump's One Big Beautiful Bill Act, which passed last month, and is aligned with his administration's energy dominance agenda to boost domestic fossil fuel production…
JERA Co. has signed a Letter of Intent (LOI) with Glenfarne to advance discussions about liquefied natural gas (LNG) offtake from the Alaska LNG Project.In June, JERA announced approximately 5.5 MTPA of LNG offtake from the U.S. Gulf Coast which allows flexible access to the global LNG market…
Japan has hired energy consultancy Wood Mackenzie to assess a proposed 800-mile Alaska gas pipeline and LNG plant in a sign it is weighing support for the $44 billion project touted by U.S. President Donald Trump, two sources with knowledge of the matter said…
Australian gas producer Santos on Monday agreed to further extend the exclusivity period for an $18.7 billion takeover bid from a group led by Abu Dhabi National Oil Co (ADNOC), and reported a better-than-feared 22% drop in first-half profit…
Thai state-owned oil and gas giant PTT Group signed an agreement to procure 2 million metric tons of liquefied natural gas per annum from Glenfarne's Alaska LNG project over a 20-year term, Glenfarne said late on Monday.PTT said it was further…
BW Opal floating production, storage and offloading (FPSO) unit, operated by BW Offshore, has arrived at Santos’ Barossa gas field, marking a critical milestone on the path to first gas in the third quarter of 2025.Since its arrival, on June 15…
Australia's second-largest gas producer Santos said on Monday it intended to support an all-cash $18.7 billion takeover bid from an international consortium led by Abu Dhabi's National Oil Company (ADNOC), which wants to grow a global gas business…
US Secretary of the Interior Doug Burgum has directed the Bureau of Ocean Energy Management (BOEM) to begin a public engagement process to develop a new schedule for offshore oil and gas lease sales on the U.S. Outer Continental Shelf.“Launching…
Japan, South Korea and other countries want to partner with the United States in a 'gigantic' natural gas pipeline in Alaska, U.S. President Donald Trump said on Tuesday, claiming they would invest 'trillions of dollars each.'Trump said in an address to the U…
Environmental groups on Wednesday moved in court to block President Donald Trump’s administration from allowing offshore oil drilling along broad swaths of U.S. coastline, in what appeared to be the first legal challenges to the Republicans’ efforts to boost fossil fuel production…
Japan Petroleum Exploration (Japex) is prioritizing investment in oil and gas exploration and production (E&P) through 2030 - revising an earlier plan to aggressively expand its renewables businesses, its president said.'For now, the investment…
ConocoPhillips beat Wall Street estimates for fourth-quarter profit on Thursday, as higher production helped offset lower crude prices, and expects 2025 to be a peak spending year for its long-term projects.The company expects capital expenditure in 2025 to be $12…
Japanese trading house Mitsui could consider studying a project to liquefy natural gas (LNG) in the U.S. state of Alaska, but no decisions have been made yet, Chief Financial Officer Tetsuya Shigeta said on Tuesday.Japan is considering offering…
A group of Republican-led states filed a lawsuit on Friday challenging a ban announced by outgoing Democratic U.S. President Joe Biden earlier this month on new offshore oil and gas development along most U.S. coastlines.The lawsuit seeks a…
The U.S. state of Alaska has sued the Biden administration for what it calls violations of a Congressional directive to allow oil and gas development in a portion of the federal Arctic National Wildlife Refuge (ANWR).Monday's lawsuit in the U…
