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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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Oil Prices Rise As US-Iran Fighting Continues
Brent crude futures jumped as much as 3% on Friday, a day after the U.S. and Iran traded air strikes, with traders fretting over the future of the cease-fire and shipping in the Strait of Hormuz.Brent crude futures was at $101.47 a barrel, up $1.41 or 1.41% by 10:51 CDT (1551 GMT), after rising as much as 3% earlier in the session. U.S.
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EUROPE GAS-European prices firm on latest US-Iran peace setback
Dutch and British gas contracts were firmed up on Monday, despite the fact that another attempt to end the 'U.S.-Israeli war against Iran' failed.
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Woodside Energy's delayed Browse Liquefied Natural Gas project is expected to cost 35 billion dollars
Woodside Energy has commissioned a report that estimates the cost of its long-delayed Browse project to be A$48.7billion ($35.2billion).
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Palm prices rise on higher soyoil and crude oil prices
Malaysian palm oil futures prices rose on Monday, after three straight sessions of falling. They were boosted by higher soyoil and crude?oil?prices.
Latest news
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China's energy imports fall in April amid the Iran War as fuel exports reach a decade-low
China's oil exports dropped to their lowest level in nearly four years as the Strait of Hormuz was closed in April, cutting…
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Colombia asks Glencore to talk with the locals about the closure of Cerrejon coal mining
The Ministry of Mines and Energy in Colombia said that it would ask Glencore to hold a meeting with the authorities of La Guajira…
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Diamondback Bets on Wider WTI-Brent Gap amid US Export Ban Concerns
Diamondback Energy, a U.S. oil producer, bought options in order to sell the difference between U.S. West Texas Intermediate crude and Brent crude…
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Sources say that Freeport LNG in Texas is expected to reduce production for maintenance in the coming days.
Two sources say that Freeport LNG, a U.S. LNG supplier, is likely to reduce its output due to maintenance unplanned at the Texas facility.
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After peace agreement, Edison expects to receive 2/3 of the contracted Qatari LNG supplies
QatarEnergy’s European customer Edison anticipates that the 'Gulf' producer will be able initially to supply around two-thirds…
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UAE equity prices ease amid renewed Gulf tensions
The stock markets of the United Arab Emirates ended lower on Friday as renewed clashes between Iran and the U.S. near the…
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Sources say that Rio Tinto is considering raising stakes in the Los Azules copper mine project in Argentina.
Rio Tinto has been evaluating the potential economic impact of McEwen Copper’s Los Azules giant project in Argentina, as…
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Freeport Indonesia delays full production resume until 2028.
Freeport Indonesia has adjusted its "production recovery" -schedule for the Grasberg Block Cave underground copper mine (GBC)…
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Palm oil posts second consecutive weekly loss, reaches three-week low
Malaysian palm oils futures ended Friday at a low of three weeks, a second consecutive weekly decline, as Dalian Oils, a weaker competitor, weighed.
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Trump's crackdown against solar companies linked to China stalls U.S. manufacturing boom
Solar companies, banks, and insurers stopped doing business at least half a dozen newly built U.S. panels factories due to…
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Gulf Marine Services' profit in UAE plummets following vessel evacuation
Gulf Marine Services PLC reported on Friday a 24% drop in its first-quarter profits after being instructed by the UAE-based…
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VEGOILS - Palm flat as traders await key data, on course for second weekly loss
Malaysian palm oil futures were mostly flat on Friday as traders waited for the next week's data from the palm oil board.
Shale Oil & Gas
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Argentina's YPF makes a profit from higher prices and more shale production
YPF, Argentina's'state oil company, reported a net profit? of $409 mln in the first 3 months of 2026. This is a reversal of a net loss?
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Sources say that BP CEO told staff in June to expect a reorganisation of the company.
Three sources said that BP CEO Meg O'Neill notified staff of a reorganization?into 'two main business unit' - upstream &…
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Italy and Libya discuss enhancing energy ties
Giorgia?Minister Meloni, Italian Prime Minister and her Libyan counterpart Abdulhamid Dbeibah met on Thursday to discuss…
LNG
Renewables
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Trump's crackdown against solar companies linked to China stalls U.S. manufacturing boom
Solar companies, banks, and insurers stopped doing business at least half a dozen newly built U.S. panels factories due to…
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VEGOILS - Palm flat as traders await key data, on course for second weekly loss
Malaysian palm oil futures were mostly flat on Friday as traders waited for the next week's data from the palm oil board.
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Enel reports rise in Q1 core profit, readies Brazil defence action
Enel, the Italian utility company, reported on Thursday a?rise of 3.6% in its?ordinary core profits for the first quarter.
