The Panama Canal Authority has opened prequalification for a 47-mile energy pipeline and new container port terminals on both coasts, advancing plans to expand fuel transport capacity and intermodal logistics infrastructure.
Valero Energy has secured Venezuelan crude from three authorized sellers and expects the heavy grade to make up a substantial part of its U.S. refinery feed as early as next month, a move tied to renewed Venezuelan oil exports.
Trafigura completed its first crude export using Argentina’s new Derivación pipeline, linking the Neuquén Basin to Puerto Galván and boosting export capacity from Vaca Muerta.
Sanctions and geopolitical uncertainty around Venezuela are reshaping crude flows and quietly strengthening the strategic role of North American pipeline infrastructure as refiners seek reliable heavy crude supply.
Trinidad and Tobago’s Atlantic LNG facility plans to begin decommissioning its Train 1 liquefaction unit in the fourth quarter as prolonged natural gas supply constraints persist. Project operators say the removal will not disrupt remaining LNG trains and could serve as a benchmark for future LNG plant decommissioning efforts globally.
Houston-based oil, pipeline, and terminal companies are exploring early-stage plans tied to a possible reopening of Venezuela’s oil sector, as U.S. policy signals spark renewed interest across the energy industry.
Trading house Trafigura has completed its first Venezuelan crude shipment under a new U.S.–Venezuela supply agreement, with a cargo headed for Spanish refiner Repsol as part of efforts to reintegrate Venezuelan oil into global markets.
A Canadian oil tycoon says decades of heavy crude experience could help the U.S. revive Venezuela’s oil sector—raising fresh questions around pipeline access, export routes and competition for North American barrels.
NGC has acquired the Trinidad Region Onshore Compressor from bpTT, strengthening gas compression, pipeline reliability and flows to Atlantic LNG and domestic markets.
Pipeline monitoring firm PipeSense is expanding into South America through a new partnership in Chile and Peru, marking its first international deployment of leak detection technology.
The White House is convening U.S. oil executives to discuss potential investment in Venezuela, bringing independents and private equity-backed firms into talks traditionally dominated by major producers.
Panamanian developers have filed a $4 billion lawsuit alleging AES and its partners coordinated a scheme to monopolize Panama’s LNG-to-power market.
Chevron is negotiating with U.S. officials to expand its Venezuela oil license, a move that could restore higher crude exports and reopen flows to U.S. refineries and global buyers amid ongoing sanctions.
Energy Secretary Chris Wright says the U.S. plans to control Venezuelan oil sales and revenues as part of a long-term strategy to reshape production and exports.
Canadian officials say the country’s crude will remain competitive even if Venezuelan production rebounds, citing lower risk, stable governance and infrastructure advantages.
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