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Thailand Seeks LNG Supplies from Malaysia Due to Middle East Conflict
Thailand is actively seeking additional LNG supplies from Malaysia following disruptions caused by the ongoing Middle East conflict, Thai energy government officials said on Wednesday.Thailand would need to diversify some of its LNG supply away from the Middle East, estimated at roughly 5% to 10%, said Watcharin Boonyarit, the Energy Ministry's dep
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Italy to Receive LNG From US Golden Pass Facility Starting June
Italy will begin receiving liquefied natural gas (LNG) from the Golden Pass LNG facility in the United States, a joint venture between QatarEnergy and Exxon Mobil, from June, two sources familiar with the matter told Reuters.The LNG tankers from the United States will help Italy plug…
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Novatek Establishes Company to Build Vessels, Floating Facilities Amid Global Tanker Shortage
Russia's largest producer of liquefied natural gas Novatek has set up a company to build its own vessels and floating facilities, according to the state's registry of authorised companies, amid a shortage of gas tankers due to sanctions.Ilya Lushchikov, who is also head of Novatek's Murmansk LNG project, is in charge of the new company, called Seve
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QatarEnergy Prepares to Restart LNG Production
QatarEnergy is preparing to restart liquefied natural gas (LNG) production, two sources with knowledge of the matter told Reuters on Wednesday.In March, QatarEnergy halted production of LNG and associated products due to military attacks on facilities in Ras Laffan and Mesaieed.The…
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Middle East Conflict Restricts Supply for European LNG Stock Refill
The escalating conflict in the Middle East due to the U.S.-Israeli war with Iran is tightening global liquefied natural gas (LNG) availability and constraining Europe's ability to refill storages which depleted to their lowest since 2022 over the summer, the European Network of Transmission System Operators for Gas (Entsog) said on Thursday.The con
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Castelion, a startup that makes hypersonic weapons, wins a $105 million Navy contract to integrate F/A-18s
Castelion is a small California-based defense startup that has been awarded a $105 million contract by the U.S. Navy to prepare…
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SLB and Baker Hughes expect oil exploration expenditure to rise as the Iran war disrupts supplies
SLB and Baker Hughes, two of the top oilfield service companies, said Friday that they expected to spend more on oil exploration…
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Bolivian police raid the offices of the state energy company YPFB
Bolivia's anticorruption police and 'public prosecutor's' office raided YPFB's offices in 'the 'cities of La Paz' and 'Santa…
Latest news
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Baker Hughes reports that US drillers have added oil and gas rigs to their fleet for the first time in 3 weeks.
Baker Hughes, a closely watched energy services company, said in its report on Friday that U.S. firms?added oil & natural…
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Itau BBA targets 10% growth in Brazil's agribusiness as Iran war increases costs and biofuel demand
Itau BBA's agribusiness manager Pedro Fernandes said that the Iran War will increase fuel and fertilizer prices, while also…
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Evogene's Casterra unit eyes castor crop growth in Brazil
Ofer Haviv, CEO and chairman of Israeli company 'Casterra,' said that the company wants to work with Brazilian farmers in…
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Oilfield services provider SLB reports lower quarterly profits on Iran War Hit
SLB reported on Friday a 'falling profit in the first quarter, as disruptions caused by the war in Iran affected 'demand…
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The Monday spot price is boosted by the plummeting wind supply
The German Monday baseload contract increased as the German wind supply was expected to drop by more than 80% compared to Friday's levels.
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TotalEnergies approves Kazakh renewable project despite disputes
French oil major TotalEnergies approved a $1.2billion investment in a one gigawatt windfarm in Kazakhstan on Friday, pushing…
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Workers at Australian LNG Plant Vote overwhelmingly for Strike Action
The Offshore Alliance, a union group, said that workers at Inpex's Ichthys facility, which produces liquefied gas in Australia…
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TotalEnergies invests in a $1.2 billion energy project in Kazakhstan
French energy giant TotalEnergies announced on Friday that it will invest $1.2 billion in a Kazakhstan onshore wind project and energy storage system.
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Eni buybacks nearly doubled on stronger commodity outlook
Eni, the Italian energy company, nearly doubled their share buybacks to 2.8 billion euros ($3.27 billion), and improved its…
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Fertiliser company Yara exceeds its quarterly profit forecast on the strength of nitrogen margins
Yara, a Norwegian fertiliser'maker, reported a larger-than-expected % increase in its core earnings for the first quarter on?Friday.
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Brazil will begin testing diesel blends containing 20% biofuel by May
Renato Romio, the manager of the institute's vehicles division at the Maua Institute of Technology, announced on Thursday…
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Pluspetrol wants Argentina to support the $12 billion Vaca Muerta shale oil project
Pluspetrol, a subsidiary of Argentina's Pluspetrol, is looking to tap into President Javier Milei’s flagship investment.incentive…
Shale Oil & Gas
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Pluspetrol wants Argentina to support the $12 billion Vaca Muerta shale oil project
Pluspetrol, a subsidiary of Argentina's Pluspetrol, is looking to tap into President Javier Milei’s flagship investment.incentive…
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Russell: China's LNG imports are falling, which is helping Asia to adjust to the Iran war losses.
In April, Asia's LNG imports are expected to fall to their lowest level in six years as the Strait of Hormuz effectively closes.
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BP fails in its attempts to obtain shareholder approval for two AGM Resolutions
BP announced that it failed to get a majority 'approval' from shareholders for two special resolutions presented at its annual…
LNG
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QatarEnergy Prepares to Restart LNG Production
QatarEnergy is preparing to restart liquefied natural gas (LNG) production, two sources with knowledge of the matter told…
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Novatek Establishes Company to Build Vessels, Floating Facilities Amid Global Tanker Shortage
Russia's largest producer of liquefied natural gas Novatek has set up a company to build its own vessels and floating facilities, according to the sta
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Italy to Receive LNG From US Golden Pass Facility Starting June
Italy will begin receiving liquefied natural gas (LNG) from the Golden Pass LNG facility in the United States, a joint venture…
Renewables
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US sets preliminary antidumping duty on solar imports of India, Indonesia and Laos
The U.S. Commerce Department announced preliminary antidumping duty on'solar panels and cells imported from India, Indonesia, and Laos.
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Azerbaijan’s state oil fund SOFAZ reduces gold share of portfolio to 35.6% during Q1
Azerbaijan’s sovereign oil fund SOFAZ has 'cut the share of gold in its investment portfolio from 38.2% to 35.6% in the first quarter of 2026…
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EU is not on track to meet 90% of gas storage requirements before winter
The European Energy Regulators' Agency ACER warned on Thursday that the Iran 'war' will disrupt global fuel markets and cause…
