World Energy News

Victoria Launches First Australian Offshore Wind Auction

The government of Australia's Victoria state has opened a bidding process for its first 2 GW of offshore wind capacity, marking the launch of the country's first offshore wind auction.Energy and Resources Minister Jaclyn Symes opened the Request for Proposal process on August 26, with projects to be assessed on value for money…
White House Copper Tariff Plan Stalls Due to Concerns About Affordability, Sources Say

Two people with knowledge of the situation say that the White House hasn't yet decided on tariffs for refined copper. Officials are weighing the benefits of encouraging more domestic mining against concerns about higher prices. The administration has been focusing on affordability in the run-up to November's midterms.
Palm slips 1% due to weaker soyoil and bearish MPOB data

The market was pressured by a decline in palm oil prices of more than 1%, and the weakness of rival soyoil, and bearish figures for demand and supply. At the close, the benchmark contract for?palm?oil delivery in November on the Bursa Derivatives Exchange fell 81 ringgit or 1.63% to 4,885 Ringgit ($1,202.61).
Russell: The oil industry in Asia wants Trump to abandon the Gulf but doesn't expect him to do so.

The crude oil industry in Asia has an idea on how to resolve the crisis caused by the conflict with Iran. They also know that their wish will not be granted, and are bracing themselves for a prolonged disruption of supplies from the Middle East. The APPEC conference held in Singapore…
Palm eases due to rising stocks; expected weekly loss

On Friday, Malaysian palm oil futures declined, wiping out earlier gains and adding to the weekly loss. This was due to rising stocks, but concerns about future supply constraints helped cushion the decline. By midday, the benchmark contract for?palm?oil delivery in November on the Bursa Derivatives exchange was down 11 Ringgit or 0.23% at 4…

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Shale Oil & Gas

Australia relaxes the east coast gas reservations rule for LNG exporters and delays start in 2028

Australia relaxed slightly on Thursday a proposed rule that would have "forced" energy exporters to set aside a fixed amount of natural gas (?20%) for its East Coast market. Instead, they were required to reserve as much as a fifth. The Energy Minister Chris Bowen stated that exporters can provide up to an additional 200 petajoules per year. This is more than enough for the energy market operator to be able to meet the potential shortfalls up to 140 petajoules.

LNG

Argent LNG, Albania to Evaluate Development of Import Terminal

U.S. LNG developer Argent LNG said on Wednesday it had signed a non-binding memorandum of understanding with Albania's government to evaluate development of an onshore LNG storage and regasification terminal with capacity of up to 5 million tonnes a year.Here are more details:Terminal could connect with the Trans Adriatic Pipeline, proposed Ionian Adriatic Pipeline and Fier-Vlore gas corridor.Argent LNG said financing could involve the U.S. Trade and Development Agency, U.S.

Renewables

Council says global clean hydrogen investments top $130 billion as energy security push is pushed.

The Hydrogen Council announced on Thursday that the global cumulative investment in clean?hydrogen?projects had topped $130billion. Governments are increasingly viewing the fuel as an instrument?for energy?security and?industrial?growth?alongside?decarbonisation. In its Global Hydrogen Compass 2026, released alongside the Hydrogen Ministerial Meeting held in Tokyo, the industry group stated that the investment in over 570 projects committed supports approximately 6…

Victoria Launches First Australian Offshore Wind Auction

White House Copper Tariff Plan Stalls Due to Concerns About Affordability, Sources Say

Palm slips 1% due to weaker soyoil and bearish MPOB data

Russell: The oil industry in Asia wants Trump to abandon the Gulf but doesn't expect him to do so.

Palm eases due to rising stocks; expected weekly loss

How China's oil giants helped Beijing prepare an energy crisis

Shell acquires Hunlock creek power plant from Constellation Energy and sells it to them for $715 Million

The French baseload electricity contract for the front year is at a three-year high

Latest news

WSJ reports that South Korea is close to an agreement with the US worth more than $100 billion dollars in investments.

Palmetum falls for third consecutive session due to weaker soyoil and expected bearish MPOB data

Angola's Etu Energy aims to produce 100,000 bpd within five years - CEO

Nepal places climate justice in the centre of its global appeal for flood relief

Russell: The oil industry in Asia wants Trump to abandon the Gulf but doesn't expect him to do so.

Wall Street Journal, September 10,

Australia relaxes East Coast Gas Reservation Rule for LNG Exporters

First time drones have hit Russia's hinterland of gas in northern Siberia

TotalEnergies CEO: $10 billion Angola investment planned with partners in five years

Auditors say EU's Russian Energy Exit is failing

Palm slips in second session as profit taking weighs

Shale Oil & Gas

Australia relaxes the east coast gas reservations rule for LNG exporters and delays start in 2028

Wall Street Journal, September 10,

Australia relaxes East Coast Gas Reservation Rule for LNG Exporters

First time drones have hit Russia's hinterland of gas in northern Siberia

LNG

Argent LNG, Albania to Evaluate Development of Import Terminal

Northern Territory Shale Developers Look Towards LNG Production

San Matias Pipeline Cansortium Closes $900m Loan for Pipeline

Bangladesh Seeks US LNG Amidst Global Supply Disruptions

Renewables

Council says global clean hydrogen investments top $130 billion as energy security push is pushed.

India increases biofuel usage amid increasing crude supply risks

Nepal places climate justice in the centre of its global appeal for flood relief

Auditors say EU's Russian Energy Exit is failing

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