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Trinidad's Atlantic LNG Shuts Down Train 4 for Maintenance
Trinidad and Tobago's flagship Atlantic LNG plans to shut its 6 million metric ton per annum Train 4 for up to 50 days in May and June for extensive maintenance and repairs, three people with knowledge of the plan told Reuters.Atlantic LNG is majority owned by Shell and BP - each with a 45% stake - while Trinidad's National Gas Company holds 10%.
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Namibia Flags Approval Need for TotalEnergies, Petrobras Offshore Stakes
Government officials stated on Sunday that Namibia would not recognize the purchase of offshore stakes by TotalEnergies or Petrobras announced last week until the oil companies followed the proper approval route.A spokesperson for the Presidency, Jonas Mbambo confirmed that "no transaction"…
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US takes on Chinese dominance in the race for African minerals
Diplomats, executives and analysts have said that the U.S. uses offtake agreements and state-backed financing to compete with China?in a short time frame? in order to secure supplies of African cobalt, copper and other essential minerals. Washington is focusing on Zambia, Guinea and the Democratic Republic of Congo.
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Palm oil prices rise with soyoil as the market waits for key data about production and price projections
Malaysian palm futures continued to rise on Monday. This was supported by soyoil, a rival oil, in the Chicago and Dalian market. The?market awaits data from the Malaysian Palm Oil Board (MPOB) and the Price Outlook Conference. By midday, the benchmark palm oil contract on Bursa Malaysia's…
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Take Five: Near or far, wherever the markets are
A few traders may have a little downtime this week due to the outcome of Japan's snap elections, key U.S. economic data, earnings season and a decline in some tech stocks. Rae Wee, Lewis Krauskopf and Lucy Raitano from London, Karin Strohecker and Tommy Wilkes in New York, and Rae Wee…
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TotalEnergies will provide solar energy to Google's Texas Data Centres
TotalEnergies, a French oil major, signed two long-term deals on Monday to supply solar energy to Google's Texas data centres.
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New Zealand to build LNG import facility for energy security
Simon Watts, New Zealand's Energy Minister, announced on Monday that the country has selected contractors to build a LNG import facility.
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What can oil prices tell you about the market? Not a lot: Bousso
The global oil market is experiencing a series of price spikes due to geopolitical tensions and the opaque stockpiling. Western…
Latest news
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New Zealand to build LNG import facility for energy security
Simon Watts, New Zealand's Energy Minister, announced on Monday that the country has selected contractors to build an LNG import facility.
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Trump criticizes Olympic Skier for Comments about Representing US
U.S. president Donald Trump criticised American Olympic skier Hunter Hess, on Sunday. Days earlier, the athlete had expressed…
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Trump lashes out at Olympic skier for comments made about representing the US
Donald Trump, the President of the United States, criticised American Olympic skier Hunter Hess Sunday. This comes days after…
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France's Lecornu sets agenda after budget fight, focuses energy and defense
Sebastien lecornu, the French Prime Minister, has set his agenda for the weekend. He has prioritized energy and defense.
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Namibia's Energy Ministry blasts TotalEnergies and Petrobras for failing to follow procedure
Namibia expressed concern that TotalEnergies and Petrobras acquired new offshore positions within the Luderitz basin without…
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Tesla executives announce that the company is expanding its solar strategy to include more employees.
According to senior executives, Tesla is currently hiring to help support Elon Musk’s plan to become the largest U.S. manufacturer…
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BP does not intend to honor the National Oil Bargaining Agreement, says union
The union representing hundreds of workers in BP's Whiting Refinery, the.largest refinery.in the Midwest, announced?on.Friday…
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Tesla executives are hiring to support Musk’s solar expansion strategy
According to senior executives, Tesla is currently hiring to support Elon Musk’s recent announcement to become the largest U.S.
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EIA data show that US oil demand and production fell to multi-month highs in November.
Data from the Energy Information Administration on Friday showed that U.S. oil output fell to its lowest level since July in November…
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Baker Hughes reports that US drillers have added oil and gas rigs to their fleets for the third consecutive week.
Baker Hughes, a leading energy services company, said that U.S. firms added natural gas and oil rigs this week for the third…
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Salzgitter takes over HKM Steel joint venture to end conflict with Thyssenkrupp
Germany's Salzgitter announced on Friday that it would buy out all the shareholders of the steel joint venture HKM, becoming…
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Brazil's Inpasa increases exports of dried distillers grain to China
Inpasa, a Brazilian corn ethanol manufacturer, will increase exports of dried distillers grains with solubles to China in this year.
Shale Oil & Gas
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EIA data show that US oil demand and production fell to multi-month highs in November.
Data from the Energy Information Administration on Friday showed that U.S. oil output fell to its lowest level since July in November…
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Baker Hughes reports that US drillers have added oil and gas rigs to their fleets for the third consecutive week.
Baker Hughes, a leading energy services company, said that U.S. firms added natural gas and oil rigs this week for the third…
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Salzgitter takes over HKM Steel joint venture to end conflict with Thyssenkrupp
Germany's Salzgitter announced on Friday that it would buy out all the shareholders of the steel joint venture HKM, becoming…
LNG
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Norway Parliament Rejects Challenge to LNG Plant's Power Supply Plan
Norway's parliament on Thursday rejected a proposal to block Equinor's plan to supply electricity to its Hammerfest liquefied natural gas (LNG) plant
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Norway Socialist Party Withdraws Support for LNG Electricity Project Opposition
Norway's Socialist Party has withdrawn its support for a proposal to block Equinor's Hammerfest liquefied natural gas plant from receiving a planned o
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QatarEnergy Secures LNG Supply Deal with Jera as Demand Surges
QatarEnergy, one of the world's biggest LNG suppliers, signed a deal on Tuesday with Japan's top power generator Jera to…
Renewables
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Tesla executives are hiring to support Musk’s solar expansion strategy
According to senior executives, Tesla is currently hiring to support Elon Musk’s recent announcement to become the largest U.S.
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Brazil's Inpasa increases exports of dried distillers grain to China
Inpasa, a Brazilian corn ethanol manufacturer, will increase exports of dried distillers grains with solubles to China in this year.
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Maguire: China tightens its grip on clean tech with growing exports of EVs.
China's position as the world leader in clean technology is best illustrated by its EV exports. These will reach nearly $70 billion dollars in 2025…