Cheniere awards EPC contract for next phase of Sabine Pass LNG expansion to Bechtel

4 June 2026
Cheniere Energy Partners has entered into a lump-sum turnkey engineering, procurement and construction contract with Bechtel Energy for the first phase of the SPL expansion project.

Venezuela's Rodríguez visits India to seal Caracas's oil comeback

4 June 2026
Behind Delcy Rodríguez's New Delhi visit lies a bigger story: how Venezuela's resurgent oil exports fit into Washington's strategy to wean India off Russian crude.

Inventory drawdowns mask impact of Hormuz disruption as clock runs down towards a September supply crunch

4 June 2026
Global oil markets are relying heavily on inventory drawdowns to offset a supply shock caused by the closure of the Strait of Hormuz, with OECD stockpiles potentially reaching stress levels by mid-September if current trends persist, according to Oxf

Egypt, Chevron set September 2026 deadline to finalise Aphrodite gas field deals

4 June 2026
Egypt and US energy major Chevron (NYSE:CVX) have agreed to finalise all core agreements to connect Cyprus’s Aphrodite gas field to Egyptian infrastructure for liquefaction and re-export by September 2026

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