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EQT misses quarterly profit estimates on weak gas prices, raises production forecast
The 'energy company EQT, based in the United States, missed Wall Street expectations for a?second quarter profit on Tuesday due to lower natural gas prices. The Middle East conflict sent international benchmark prices soaring, but the U.S. Henry Hub prices were well below historical and previous averages due to record domestic production…
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Equinor profits soar on high oil and gas prices during wartime
As expected, Equinor reported on Wednesday a steep rise in profits for the second quarter, boosted by the surge in gas and oil prices, as the Middle East war disrupted the global energy supply. Equinor's poll of 17 analysts predicted that the Norwegian group would earn $11.48 billion in the period from April to June…
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VEGOILS - Palm oil falls track rival oils and Indonesia's B50 allocation uncertain
Malaysian palm oil futures declined for the second consecutive session on Wednesday. This was due to a decline in vegetable oils in Dalian and Chicago. Traders also said that uncertainty over Indonesia's biodiesel allocations, B50, further dampened market sentiment. By midday, the…
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After a resilient H1, Naturgy Spain sees a higher core profit in this year
Spanish power and gas utility Naturgy announced on Wednesday that it expects its core profit for the full year to rise at least 3% after growth in its regulated distribution network division helped offset pressure?in parts of its energy market business. The morning trading saw a 2.4% increase in the shares.
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Palm oil prices rise on El Nino and supply squeeze worries
Malaysian palm oil climbed a little higher on Wednesday as traders considered the impact of El Nino, and tighter Indonesian supply under Indonesia's B50 mandate. The benchmark 'palm oil contract' for a metric tonne of?October delivery? on the Bursa Derivatives Exchange rose 11 ringgit or 0.24% to 4,621 Ringgit ($1,131.77).
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Egypt approves oil, gas and Perenco North Sinai Project deals
Egypt's Parliament approved four oil and gas exploration agreements and development agreements on Wednesday. This included…
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EU antitrust regulators warn that the Saipem-Subsea 7 merger could lead to a price increase
The'merger' of Italian energy contractor Saipem with Norwegian counterpart Subsea 7 could lead to higher prices and less innovation…
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Union urges investors and BP to put pressure on BP to end US Midwest refinery locksout
The union representing 800 workers at BP Whiting, Indiana refinery urged investors to put pressure on the British 'oil major…
Latest news
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EU antitrust regulators warn that the Saipem-Subsea 7 merger could lead to a price increase
The'merger' of Italian energy contractor Saipem with Norwegian counterpart Subsea 7 could 'lead to higher prices and less innovation.
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China's solar installations fell 66% in the first half of this year compared to last, as a result of the pricing reforms.
China's new installations of solar power dropped by 66 percent in the first six months of 2026 compared to the same period a year ago…
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Congo continues to push for local ownership rules for miners, despite industry concerns
The Democratic Republic of Congo will begin enforcing the long-delayed requirement that mining companies offer local ownership stakes on July 31.
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Bangladesh gas supply affected by partial shutdown of LNG terminal
Officials said that Bangladesh's gas supply is under new strain after a technical issue at one of the floating LNG terminals…
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After a resilient H1, Naturgy Spain sees a higher core profit in this year
Spanish power and gas?utility Naturgy announced on Wednesday that it expected its core profit for the full year to exceed…
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South Africa's 'data centre gold rush' could lead to a resource shortage
The rapid expansion of data centers has made South Africa the continent's largest digital hub. Critics warn that the industry's…
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Iberdrola's profit for the first half of 2018 increased by 22% due to grid investments in Britain, US and Brazil
Iberdrola, the Spanish utility company, announced on Wednesday that its first-half net profit rose by a whopping?22%. Its…
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French and Benelux stocks: Factors to watch
Here are some 'company news and stories' from France and Benelux that could impact the regional markets or individual stocks.
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Halliburton falls on tepid forecast of revenue, Middle East recovery warning
Halliburton's shares dropped more than 6% Tuesday after the U.S. provider of oilfield services forecast lower third-quarter…
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Palm oil prices rise on the back of surging crude oil prices. El Nino concerns
Malaysian palm futures rose on Monday, following a rally in crude prices and strength?in Dalian vegetables oils. Renewed…
Shale Oil & Gas
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French and Benelux stocks: Factors to watch
Here are some 'company news and stories' from France and Benelux that could impact the regional markets or individual stocks.
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EQT misses quarterly profit estimates on weak gas prices, raises production forecast
The 'energy company EQT, based in the United States, missed Wall Street expectations for a?second quarter profit on Tuesday…
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Kazakhstan's dispute with oil majors
Two sources told AFP that Kazakhstan had warned the head an oil consortium, which includes Exxon and Shell, about possible…
LNG
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US LNG Tanker Completes First Direct Sail to China Since Tariff Dispute
A vessel carrying U.S. liquefied natural gas has sailed directly from the U.S. to China for the first time since trade tensions…
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Argent LNG, Naftogaz to Explore US LNG Supply
Argent LNG and Ukraine's state energy company Naftogaz Group have signed a memorandum of understanding to explore long-term U.S.
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Australian Inpex Workers Set Industry Precedent With New Pay Deal
Workers at Inpex's Ichthys liquefied natural gas plant in Darwin have overwhelmingly backed a new pay deal that unions hope…
Renewables
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Palm oil climbs near one-month high as crude and Dalian oils gain
Malaysian palm futures rose on Monday, reaching their highest level since?nearly one month. This was largely due to gains in crude oil…
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Palm oil prices rise on the back of surging crude oil prices. El Nino concerns
Malaysian palm futures rose on Monday, following a rally in crude prices and strength?in Dalian vegetables oils. Renewed…
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The EU's plan for a new carbon market
The European Commission announced sweeping changes to the EU emissions trading system on Friday, Europe's largest climate policy.
