Currie Sees 'Extremely High' Risk of $5 Gas by Midterms
Veteran commodities strategist Jeff Currie said average US gasoline prices will almost certainly hit $5 a gallon before the midterm elections.
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Oil Climbs Amid Saudi Pipeline Halt
Crude gained as the Saudi East-West pipeline closure heightened fears of tighter global supplies.
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New Fortress Energy Erases Nearly $6B in Debt as Restructuring Completed
The transaction with creditors, processed under UK law, allowed the New York City-based integrated gas-to-power company to extinguish around $5.7 billion in debt by separating its Brazilian operations into two enterprises, one ceded to creditors.
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Petronas to Supply LNG to Southeast Europe under Metlen Deal
The Malaysian state-owned company agreed to supply Metlen with liquefied natural gas to be sold by the Greek company at home and in neighboring countries.
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Venezuela Crude Exports Hit 1.15 Million Bpd
Venezuela crude exports hit around 1.15 million barrels per day back in April, Wood Mackenzie revealed.
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Naftogaz Partners with Canadian LNG Project for European Supply
Ukraine's state-owned Naftogaz and Kino Aski LNG signed a memorandum of understanding for potential long-term supply of liquefied natural gas to Europe from the proposed Canadian project.
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Venezuela to Join G20 Energy Summit
Venezuela is deploying officials to a Group of 20 summit of energy chiefs in Texas this week.
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