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Commonwealth LNG Approves $13 Billion Louisiana Export Project May 15, 2026
Developers of the Commonwealth LNG project have taken the final investment decision to build the $13-billion U.S. export plant in Louisiana, underpinned by investments from Kimmeridge, Abu Dhabi-based Mubadala Energy, and Canada Pension Plan Investment Board, the UAE energy investor said on Friday. The Commonwealth LNG facility in Cameron Parish, Louisiana, will have an annual […]
Canada’s LNG Ambitions Grow as British Columbia Warms to Gas Exports May 15, 2026
The British Columbia government is eager to see the LNG Canada project expand to Phase 2 as soon as possible, in a marked departure from earlier political sentiment towards hydrocarbons that were strongly negative. LNG Canada is due to make the final investment decision on Phase 2 of the same-name facility in Kitimat soon, and […]
India Raises Fuel Prices for the First Time in Four Years May 15, 2026
Indian state refiners raised their retail prices for gasoline and diesel by the equivalent of $0.031 per liter in response to tighter crude oil availability. This is the first fuel price hike in India in four years, Bloomberg noted in a report on the news. The hike amounts to over 3% and was necessitated by […]