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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…
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Nepal's hydropower ambitions are tested by deadly floods
The floods in Nepal that destroyed a tenth its?electricity production capacity last week cast doubts on the ambitious plans for hydropower expansion. This forced the country to turn to India, a long-time power exporter, to keep the lights on. Nepal is largely reliant on hydropower for its?electricity?
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Comstock to reduce debt by selling a $1.65 billion Haynesville stake to Azerbaijani SOCAR
Comstock Resources announced on Tuesday that it will sell its Haynesville assets, including its midstream business, to Azerbaijani 'SOCAR' for $1.65bn in cash. The U.S. gas producer is aiming to reduce its debt. According to Comstock, the sale is expected to be completed by year's…
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Chesapeake Utilities Sells Stake in Florida Natural Gas Project
Chesapeake Utilities said on Tuesday its unit has sold a 49% stake in a $1.2 billion South Florida natural gas transmission infrastructure project to NextEra Energy Resources.The project, called Florida Energy Pathway, is designed to expand natural gas transportation capacity and address regional supply constraints, Chesapeake said.Here are more de
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Tropical Storm Edouard reaches Gulf Coast near Texas and Louisiana
Tropical Storm Edouard, which churned from the Gulf of Mexico and sloshed to the shore near the Texas-Louisiana border Tuesday with sustained winds up to 60 miles per hour and unleashing soaking downpours. According to the National Hurricane Center, Edouard made its landfall in Louisiana's…
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Source: Venture Global informs Plaquemines Phase 2 buyers of LNG deliveries on time
?U.S. According to a source with direct knowledge, Venture Global told its customers at the Plaquemines Phase 2 Export Plant…
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Brazil's eucalyptus sector faces uncertainty due to delayed curbs on the use of native wood fuel
A reforestation association said that an agreement to phase out the use of native forest wood in Brazil's corn-ethanol plants…
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US officials defend Venezuelan oil deal and say that agreement is part of the path to democracy
Officials from the United States defended Washington’s deal on Tuesday to take an equity stake and run oilfields in Venezuela.
Latest news
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Palm oil gains over 1% as rival crudes and oils are stronger
The price of Malaysian palm oil futures increased by more than 1% on Tuesday as the gains in rival edible oil and crude oil…
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Nepal rescuers reach remote regions, and electricity is restored almost a week following devastating floods
Rescuers in Nepal built temporary bridges and dug into the ruins of hydropower projects to rescue nearly 300 trapped workers.
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Australia's new shale-basin Beetaloo delivers first gas
The first gas flowed from the Beetaloo Basin in Australia to Darwin, Tuesday. Developers hope that this will show a steady…
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Sources say that Trump's oil agreement with Venezuela raises concerns for some major producers.
Sources familiar with the matter said that the unprecedented deal between the U.S. and Venezuela to gain access to a quarter…
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Palm oil jumps by 2% as rival crudes and oils are stronger
The price of Malaysian palm oil futures increased by?2% Tuesday, as the support from rivals?edible oil and crude oil rose…
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Sources say that Trump's oil agreement with Venezuela raises concerns for some major producers.
Sources familiar with the situation said that the unprecedented deal between the U.S. and Venezuela to access a fifth of the country's oil reserves…
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How do Caracas, Washington and other countries structure a huge oil production deal?
Venezuela and the U.S. announced a large-scale oil-production agreement last week. To develop even a small portion of the…
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International court: India must respect water sharing treaty with Pakistan
The Permanent Court of Arbitration at the Hague has said that India must respect a water-sharing agreement with Pakistan…
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Nepal starts mass burials for flood victims who are not identified as families search for missing
Chitwan, a district in Nepal known for its rivers and forests, is now the site of mass graves for unidentified victims, whose…
Shale Oil & Gas
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Sources say that Trump's oil agreement with Venezuela raises concerns for some major producers.
Sources familiar with the situation said that the unprecedented deal between the U.S. and Venezuela to access a fifth of the country's oil reserves…
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How do Caracas, Washington and other countries structure a huge oil production deal?
Venezuela and the U.S. announced a large-scale oil-production agreement last week. To develop even a small portion of the…
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Sources say that firms including Chevron and ONGC are on the verge of signing final pacts with Venezuela.
Five sources said that after a'months-long' process of negotiations, U.S. firms Chevron & GE Vernova as well as India's ONGC and Italy's Eni…
LNG
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Bangladesh Seeks US LNG Amidst Global Supply Disruptions
Bangladesh is turning to the United States for a long-term liquefied natural gas supply deal as it seeks to shore up energy…
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Cheniere Energy Increase Annual Profit on Strong LNG Demand
Cheniere Energy raised its forecast for annual core profit on Thursday after beating quarterly expectations on robust demand…
Renewables
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International court: India must respect water sharing treaty with Pakistan
The Permanent Court of Arbitration at the Hague has said that India must respect a water-sharing agreement with Pakistan…
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Sources say that the US is expected to approve the expanded biofuel waivers on Monday.
According to two sources familiar with the issue, the Trump administration will likely approve a larger number of exemptions for U.S.
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Nepal hydropower sites are at the heart of flood relief efforts
Rescue teams in Nepal searched tunnels, debris-choked projects and hydropower sites through the weekend. They raced to reach nearly a 1…
