20 April 2026
20 April 2026
By 07:52 GMT, Brent had risen by 6.1% to $95.89/bbl, while WTI had gained 6.5% to $89.31/bbl.
According to data from think tank Ember, renewable energy sources - together with nuclear - became the largest source of US electricity in March.
PMS will install deep-water connections to integrate new wells and complete installation of three tie-in spool bases.
The contracts form part of the US' commitment to provide 172mbbl for an IEA initiative to stabilise global oil supply.
The project supports Chile’s national green hydrogen strategy while assessing infrastructure compatibility and emissions reductions across existing gas networks.
The vessels are expected to be delivered to the Louisiana LNG facility in 2028.
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