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Rio Grande Requests Extension to Build Texas Export Facilities
Rio Grande LNG has sought a three-year extension from the U.S. Federal Energy Regulatory Commission to construct an export facility in Texas, according to a filing.The company requires the time to build certain project facilities and make the liquefied natural gas export plant at the Port of Brownsville available for service by November 2031…
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Gunvor, Delfin Midstream Sign LNG Supply Deal
Commodity trading house Gunvor has signed a long-term liquefied natural gas (LNG) sale and purchase agreement with Delfin Midstream, it said in a statement on Wednesday.It is the second such deal between the two companies in two-and-a-half years. Delfin said in November 2023 it had entered into a long-term deal with Gunvor to supply 500…
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Eni Looks for Infrastructure Funding Support
Italian energy group Eni has asked Morgan Stanley to help it to raise funds from investment firms such as Apollo, KKR and Stonepeak in a possible deal backed by its floating liquefied natural gas (FLNG) assets, three people familiar with the matter said.The contacts between Eni and the funds are at an early stage and there is no certainty that a de
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Qatari LNG Tanker Headed for Pakistan Successfully Crosses Strait of Hormuz
A second Qatari liquefied natural gas tanker successfully went through the Strait of Hormuz on Tuesday, days after the first such cargo crossed under an arrangement involving Iran and Pakistan, highlighting how cargoes are crossing the waterway on a case-by-case basis amid ongoing conflict risks.The vessel…
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Baker Hughes reports that US drillers have added oil/gas rigs to their fleet for the fourth consecutive week.
Baker Hughes, a closely watched energy services firm, said in its report on Friday that U.S. firms added oil and gas rigs…
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Sources: 6 injured in fire at Venezuelan gas plant
Five sources, video footage and incident reports indicate that a?fire broke out at a?gas-processing facility on Venezuela's?Lake?Maracaibo Friday.
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Exports of ethanol in the US and Brazil are on the rise as consumers look to increase fuel supplies
As the Strait of Hormuz Crisis continues, several countries are looking to increase their fuel sources. This will lead to…
Latest news
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Sources say BP will cut its pipeline gas trading team, as the focus on LNG grows.
BP aims to dismantle the team that trades pipeline gas, according to two sources familiar with the matter. The oil major…
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Seraya considers selling or listing offshore wind company Cyan, CIO reports
Seraya Partners, a Singapore-based investment firm, is considering a dual track process for Cyan Renewables, its offshore wind services company.
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Palm settles higher, but suffers third consecutive weekly decline
Malaysian palm futures settled higher on Friday due to a rise in crude oil prices. However, the contract recorded its 'third…
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Inpex, a Japanese company, will buy a stake in the Australian Browse gasfield from PetroChina
Inpex, a Japanese company, announced on Friday that it would buy PetroChina's 10% share in the Browse gas field offshore of Western Australia.
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Sources say that the British Foreign Minister plans to visit China early in June.
Three sources have confirmed that British Foreign Minister Yvette Cooper will visit China early in June. London is looking…
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Sources say that BP is considering selling some Egyptian gas assets
Four people close to the matter have confirmed that BP may sell some of its natural gas assets located in Egypt. This is as Meg O'Neill…
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Caturus will start construction on a major US LNG plant after receiving $9.75 billion
Mubadala Energy announced on Friday that Caturus, a U.S. company, has given the green light to build a huge liquified natural gas (LNG)…
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Maguire: New models are needed to track China’s chaotic commodity transition.
China is the most energy-intensive country in the world and the top consumer of power. But analysts who monitor the raw material…
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Palm gains as crude prices rise; palm on course for third consecutive weekly decline
The price of Malaysian palm oil futures increased on Friday due to higher crude oil prices, even though the contract was…
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The Australian union has announced that some workers will begin a strike at Woodside's LNG facilities
The Offshore Alliance workers' union announced on Friday that some workers at Woodside Energy’s?Karratha liquefied natural…
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Maguire: New models are needed to track China’s chaotic commodity transition.
China is the world's largest energy consumer and the most energy-intensive country, but analysts who monitor the country's…
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Bolivian miners clashes with police in La Paz and demand President's resignation
On Thursday, explosives could be heard in La Paz as mining groups took to the streets and demanded the resignation of President Rodrigo Paz…
Shale Oil & Gas
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Bolivian miners clashes with police in La Paz and demand President's resignation
On Thursday, explosives could be heard in La Paz as mining groups took to the streets and demanded the resignation of President Rodrigo Paz…
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Sources say that Lazard will hire McCabe, formerly of JPMorgan, to lead North American energy investment banking.
Two people familiar with the matter said that Lazard will be hiring 'Brian McCabe' from JPMorgan Chase & Co to head its energy practice in america.
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Sources say that the Astrakhan Gas Plant of Gazprom halted production of motor fuel after a drone attack on May 13,
Two industry sources have confirmed that Gazprom’s gas processing facility in Russia’s'southern Astrakhan' region has halted…
LNG
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Eni Looks for Infrastructure Funding Support
Italian energy group Eni has asked Morgan Stanley to help it to raise funds from investment firms such as Apollo, KKR and Stonepeak in a possible deal
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Gunvor, Delfin Midstream Sign LNG Supply Deal
Commodity trading house Gunvor has signed a long-term liquefied natural gas (LNG) sale and purchase agreement with Delfin Midstream…
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Rio Grande Requests Extension to Build Texas Export Facilities
Rio Grande LNG has sought a three-year extension from the U.S. Federal Energy Regulatory Commission to construct an export facility in Texas…
Renewables
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Brazil's mills will switch from'maximal ethanol production' to "maximal crush" due to the large cane crop
According to Tereos' executive, one of the leading companies in this sector, Brazilian sugarcane processing will have to…
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China's Ming Yang plans to build a factory in Europe after UK wind turbines are snubbed
Ming Yang Smart Energy, a Chinese wind turbine manufacturer, is looking at European locations including Spain to build a new manufacturing facility.
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Palm's biofuel allocation uncertainty in Indonesia has dropped to a 2-month low
Malaysian palm futures dropped to their lowest level in over two months on Thursday as the market was pressured by continued…
