-
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…
-
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
-
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…
-
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
-
Amsterdam-Rotterdam-Antwerp Oil Product Stocks Drop to 12-Year Low
Total oil product stocks held independently in the Amsterdam-Rotterdam-Antwerp refining and storage hub were down 4% on the week to their lowest since 2014, as the war in the Middle East disrupts imports, data from Dutch consultancy Insights Global showed on Thursday.Total stocks stood at 4.72 million metric tons…
-
Energy chief: First new nuclear reactors planned in the US likely to receive government loans
Chris Wright, the U.S. Energy Department Secretary, told Congress in a Thursday hearing that "almost certain" the first five…
-
China and Turkmenistan Sign Deal to Build Phase Four of Galkynysh Gas Field
Turkmenistan’s state gas company - and China’s CNPC - signed a deal 'on Thursday' to build the fourth stage of Turkmenistan’s Galkynysh 'gas field.
-
McGeever: Wall Street's "escapism" is irrational but logical.
It has never been more 'wider' or 'puzzling. Investors and policymakers seem to live in parallel universes. There is no sign…
Latest news
-
Palm prices flatten on fears of higher production and weaker demand
Malaysian palm futures were little changed on Thursday due to a subdued demand from India and China. There are also rising…
-
As traders monitor progress in US-Iran negotiations, the price of EUROPE GAS is on the rise.
Dutch and British prices on Thursday morning reduced a portion of their previous session's loss, as the market awaited more…
-
Petrobangla official: Bangladesh will import 11 LNG cargoes from May.
A Petrobangla official stated on Thursday that Bangladesh will import 11 cargoes in May of liquefied natural gas (LNG) to'meet…
-
Congo creates strategic reserve of cobalt to influence supply and price, regulator says
The national minerals regulator announced on Thursday that the Democratic Republic of Congo had?established a strategy reserve…
-
Maurel & Prom sales in the first quarter more than doubled due to rising oil prices
Maurel & Prom, a French 'oil group, reported that its first-quarter revenue more than doubled from $64?million to $163 million…
-
The 2025 profits of energy trader Danske Commodities are cut in half due to lower volatility
Danske Commodities, a Danish energy trader, reported on Thursday that its profit would be lower than expected by 52% in '2025.
-
Equinor: trading profits to top guidance partly due to Iran war windfall
The Norwegian oil and gas company Equinor said that its downstream division, which includes trading in energy, will report…
-
TotalEnergies reports strong Q1 sales despite war-related output losses
PARIS, 16 April - TotalEnergies expects to see a significant rise in earnings in the first quarter due to a strong trading performance…
-
Palm prices slip on low demand and expectation of higher production
Malaysian palm oil futures declined on Thursday due to a combination of factors including?low demand from India and China…
-
According to MPOB, Malaysia's palm-oil-based biodiesel drive will add 300,000 tonnes in demand.
Malaysian Palm Oil Board says that palm oil-based biodiesel will 'increase by more than 300,00 metric tons annually, as it joins Indonesia…
-
China's crude oil output in March is at a record high, but the country's March oil consumption has slowed due to Middle East supply concerns
China's crude oil output in March fell 2.2% year-on-year as the Iran war curbed refinery operations, while domestic crude…
-
Santos's Mideast impact will last for many years and its shipping routes avoid chokepoints
Australia's?Santos stated on Thursday that the Middle East?conflict had upended energy markets, with effects likely to?permanently?permanent…
Shale Oil & Gas
-
Santos's Mideast impact will last for many years and its shipping routes avoid chokepoints
Australia's?Santos stated on Thursday that the Middle East?conflict had upended energy markets, with effects likely to?permanently?permanent…
-
US Judge rejects Trump Administration bid to block Hawaii Climate Lawsuit
A federal judge dismissed on Wednesday a lawsuit filed by the Trump administration to stop Hawaii from filing a climate change…
-
X-Energy, a developer of nuclear reactors, aims for a valuation of $7.5 billion in its US IPO
X-Energy, backed by Amazon, said Wednesday that it aimed to achieve a valuation?of up to $7.51billion in its initial IPO?in the?United?States.
LNG
-
QatarEnergy Prepares to Restart LNG Production
QatarEnergy is preparing to restart liquefied natural gas (LNG) production, two sources with knowledge of the matter told…
-
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
-
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
-
According to MPOB, Malaysia's palm-oil-based biodiesel drive will add 300,000 tonnes in demand.
Malaysian Palm Oil Board says that palm oil-based biodiesel will 'increase by more than 300,00 metric tons annually, as it joins Indonesia…
-
Colombia announces auction for renewable energy
Edwin Palma, Colombia's Energy Minister, announced a upcoming renewable energy auction on Wednesday. He said he will travel…
-
China restricts solar manufacturing equipment exports to the US
Five people familiar with the discussions said that Chinese officials had held preliminary talks with suppliers of equipment…
