US | Egypt Oil & Gas

US | Egypt Oil & Gas

Europe’s Jet Fuel Imports Rise as Q4 Supply Shortfall Deepens

Europe is expected to face a jet fuel supply shortfall of around 510,000 barrels per day (bbl/d) in the fourth quarter (Q4) of 2026, despite increasing imports from distant suppliers including South Korea, accordi ...

Venture Global Signs 20-Year LNG Supply Deal With China Gas

Venture Global will supply China Gas with 0.5 MTPA of US LNG under a 20-year agreement starting in 2030.

ExxonMobil: US to Capture 30% of Global LNG Market by 2030

The United States (US) could account for around 30% of the global liquefied natural gas (LNG) market by 2030, as expanding natural gas production supports higher exports, according to Peter Clarke, Senior Vice Pre ...

QatarEnergy Explores US LNG Deals to Offset Production Losses

QatarEnergy is negotiating long-term LNG supply agreements with US producers to offset production losses at its Ras Laffan facilities, with potential deals covering up to 3 million tons annually through 2031.

US Gas Output and Demand Set for Record Highs in 2026–27

US natural gas production and domestic demand are expected to hit record levels in 2026 and 2027, while LNG exports are also forecast to rise, according to the EIA.

US Protects 35% Stake in Venezuelan Oil Venture

The US has structured a 35% stake in a Venezuelan oil venture through warrants designed to protect its ownership from dilution as the project raises capital.

Venezuela’s National Assembly Backs Major Oil Deal with US

Venezuela’s National Assembly has backed an oil deal with the administration of US President Donald Trump, ahead of a planned visit to Caracas by US Energy Secretary Chris Wright.

The agreement would give t ...

Trump Says Venezuelan Oil Deal Will Help Replenish US Strategic Reserve

Trump said oil from a new Venezuela deal will be used to replenish the depleted US Strategic Petroleum Reserve, as Washington moves to gain greater control over Venezuela’s vast crude reserves.

US Plans 35% Stake in Venezuelan Businessman’s Oil Venture

The US plans to acquire a 35% passive stake in Venezuelan businessman Alejandro Betancourt’s North American Blue Energy Partners.

US Sanctions Wellbred Capital Over Links to Iranian Oil Network

The US has sanctioned Wellbred Capital and affiliated trading firms over alleged links to Iranian oil shipping magnate Mohammad Hossein Shamkhani and his global shipping network.

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