Oil and gas news | Inspenet

Venezuelan heavy crude is becoming increasingly relevant to the U.S. refining system amid global fuel constraints and high utilization rates at processing facilities. However,…

Oil and Gas

The U.S. can replace Canada’s resources, but it would pay a high price

Marcos Medina · September 1, 2026

Replacing Canada's resources would require the United States to expand production, infrastructure, and suppliers, with higher costs and longer lead times.

Oil and Gas

India Oil Diversification Opens New Supply Routes

Antonio Zavarce · September 1, 2026

India oil diversification expands global supply options as refiners turn to spot markets to secure competitive crude from multiple producing regions.

Oil and Gas

Cheniere increases its LNG capacity to 56 mtpa and reaches 5,000 cargoes

Moises Carrasquero · September 1, 2026

Cheniere completes Corpus Christi Stage 3 and raises its LNG operating capacity to about 56 million tons per year.

Oil and Gas

Sapphire acquires EDGE LNG and expands its modular LNG solutions

Moises Carrasquero · September 1, 2026

Sapphire incorporates assets from EDGE LNG with approximately 200,000 gallons per day of modular liquefaction capacity in the United States.

Oil and Gas

Edouard would have minimal impact on oil and gas in the Gulf of Mexico

Marcos Medina · September 1, 2026

GOMsmart projects limited oil and gas losses as Edouard moves through the Gulf of Mexico toward Texas and Louisiana.

Downstream

Global Diesel Market Faces Margins of Up to $63

Antonio Zavarce · August 31, 2026

The global diesel market faces growing pressure from tight inventories and refining constraints, while diesel margins could reach $63 per barrel in the United…

Oil and Gas

Energy Projects in Venezuela Advance With Chevron, ONGC and Eni

Antonio Zavarce · August 31, 2026

Energy projects in Venezuela advance as Chevron, ONGC, Eni, GE Vernova and GeoPark move toward agreements involving oil, electricity and infrastructure.