World Energy News

Palm falls by more than 1% due to higher output pressure and a lagging demand

Malaysian palm futures dropped?more? than 1% Thursday as market expectations of higher production pressured the markets, and export demand is yet to recover in a meaningful way. The benchmark palm oil contract for September delivery at Bursa Malaysia's Derivatives exchange fell 50 ringgit or 1.1% to 4…
Argentina's Genneia power company reveals revenue increase in US IPO

Genneia, a Argentine 'power 'producer, revealed a jump in annual revenues on Thursday when it filed its U.S. Initial Public Offering filing. It joined a number of other energy companies that have decided to go public this year. The listing follows a successful?second quarter in the U.S.
Pembina approves Alberta energy project linked to major data centre development

Pembina Pipeline announced on Thursday that it would'move forward with its planned C$4.6 Billion ($3.24 Billion) Greenlight Electricity Centre in Alberta. The project will 'power the development of a major data centre for an unnamed client. The Calgary-based company, Calgary Pipeline Company…
Oil Exports From Russia's Western Ports Hits Record High in June

Oil shipments from Russia's western ports hit a record high in June and are expected to maintain that level in July as ongoing drone attacks on domestic refineries force Moscow to boost crude exports, three trade and industry sources said on Thursday.Exports from the Baltic ports of Primorsk and Ust-Luga…
Baker Hughes reports that US energy companies have added rigs to their fleets for the third consecutive week.

Baker Hughes, a provider of energy services, said that U.S. firms?added drilling rigs this week for the third consecutive week. The number of oil and gas rigs, a good indicator of future production, increased by 7 in the week ending July 2. This is its highest level since May 2025.

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Shale Oil & Gas

Norway offshore workers and employers enter mediation to avoid strike

Norwegian unions representing workers on offshore drilling rigs and floating platforms entered wage negotiations with the state on Wednesday. They hoped to avoid a strike that was scheduled for Friday, which could have affected a part of Norway's oil and natural gas industry. Styrke Safe and DSO have all said that more than 600 workers could walk out at first, with the potential for an escalation. The wage agreement is for about 7,500 employees in total.

LNG

EU Commission clarifies all Russian LNG trade is banned from 2027 for EU operators

EU-based companies will be prohibited from selling Russian liquefied natural gas next year, even if buyers are located outside the EU, according to a letter seen by Reuters on Thursday."The ban prohibits companies to trade/market Russian LNG to third countries as it is not relevant whether the Russian LNG is destined for the EU or not," said the letter dated June 1 from the office of EU Energy Commissioner Dan Jorgensen…

Renewables

The French sugar industry is threatened by drought with no sign of rain.

Growers say a prolonged drought threatens sugar production?in France, Europe's largest sugar producer. No rain is forecast for the next two week in the?key regions of beets, they said. Concerns over European crops are fueling a rise in sugar prices. The El Nino weather pattern, which is affecting Asia, has also helped white sugar to gain nearly 10% over the last?week. Sugar prices had fallen to a five-year low in early this year due to an abundance of supplies.

Palm falls by more than 1% due to higher output pressure and a lagging demand

Argentina's Genneia power company reveals revenue increase in US IPO

Pembina approves Alberta energy project linked to major data centre development

Oil Exports From Russia's Western Ports Hits Record High in June

Baker Hughes reports that US energy companies have added rigs to their fleets for the third consecutive week.

Cumberland Farms files US IPO in a market that is booming for new listings

India's palm oil imports in June fell to a 14-month low due to a softening demand, say dealers

Trump's biofuel goals are becoming a reality, but US plants lag behind

Latest news

Genel Energy, a Kurdistan-based company, marks Egypt's entry with a $360 million Capricorn acquisition

Data shows that Russia's LNG imports will increase by 9.9% during the first half of 2026.

EUROPE GAS-European Gas Prices Stable as US-Iran Peace Talks conclude

Interview: Andritz will cut 500 more jobs and hopes for a hydro boom

Palm demand is lagging as output pressure increases and the price of palm drops

China Resources New Energy shares have tripled in value after the largest IPO in Asia for 2026

World Bank: PNG's growth is booming, but the jobs for ordinary citizens are not up to par

Indonesian biodiesel blend rate of 50% takes effect

Norway offshore workers and employers enter mediation to avoid strike

India corn exports reach three-year high due to competitive pricing

Shale Oil & Gas

Norway offshore workers and employers enter mediation to avoid strike

World Bank: PNG's growth is booming, but the jobs for ordinary citizens are not up to par

Report: Gas plants for US Data Centers to be the major source of emissions linked to climate change

Canacol gas restrictions force Colombia's Cerro Matoso ironickel mine to reduce output

LNG

EU Commission clarifies all Russian LNG trade is banned from 2027 for EU operators

QatarEnergy Plans to Restart LNG Output

Sempra Begins LNG Production at Mexican Site

TotalEnergies Remains Silent as Russia Approves Sale of Arctic LNG 2 Stake

Renewables

The French sugar industry is threatened by drought with no sign of rain.

Palm demand is lagging as output pressure increases and the price of palm drops

China Resources New Energy shares have tripled in value after the largest IPO in Asia for 2026

Indonesian biodiesel blend rate of 50% takes effect

U.S. Coast Guard National Maritime Center (NMC) - Mariner Training and Assessment Positions

Casual Vessel Master

Purser

Second Electrician

Engine Utilityman

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