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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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Palm prices rise on Mideast unrest and weak supply outlook
Malaysian palm oil futures rose more than 1% after the previous session. Prices were supported by the uncertainty surrounding the Middle East conflict and expectations of a drop in March production. By midday, the benchmark contract for palm oil delivery in June on the Bursa Derivatives exchange had gained 65 ringgit or 1.36% to 4…
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India's palm oil imports in March fell to a 3-month low due to a price surge
Five dealers said that India's palm-oil imports dropped nearly 19% to a new low in March, as the price of tropical oil, which tracks energy markets, rose. This prompted refiners, who track the energy markets, to reduce?purchases, and wait for correction. Reduced imports may deplete stocks…
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Britain's greenhouse gases emissions dropped 2% in the last year
The government's preliminary data?on Thursday showed that Britain's greenhouse gases emissions dropped?by 2 percent last year as emissions from industry fell. Britain's goal is to achieve net zero emissions in 2050. This will require an increase in renewable energy and the switch to cleaner electric cars.
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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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Sources say that RPT-Italy will get LNG from QatarEnergy's US Golden Pass in June
Two sources with knowledge of the matter have confirmed that Italy will start receiving liquefied gas (LNG), from a facility called 'Golden Pass LNG…
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Sources say that Italy will get LNG from QatarEnergy's US Golden Pass in June.
Two sources with knowledge of the matter have confirmed that Italy will start receiving liquefied natural gas (LNG), from…
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Carol Howle named as BP's deputy CEO to oversee portfolio reviews and strategy
Carol Howle was named BP's 'deputy CEO' on Thursday. She will oversee the company’s ongoing portfolio re-evaluation and strategy developments.
Latest news
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Verbio CEO: Middle East war drives demand for local biofuel
Verbio's chief executive said that the rising fuel prices are "extraordinarily advantageous" for its biofuel producer. The…
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As the Middle East conflict shakes markets, global companies are delaying IPOs and cutting dividends.
The Middle East conflict is affecting global financial markets. It has also affected logistics and hampered the supply of…
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India may reduce import duties and exports to ensure local supply
India's director of foreign trade announced on Thursday that it would reduce import duties or regulate exports to ensure…
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Follow This activist shareholder to broaden climate campaign against BP
Follow This, a group of European investors led primarily by Follow This, urged BP to abandon plans to scrap?climate reporting…
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Palm prices rise on Mideast unrest and weak supply outlook
Malaysian palm futures rose a day after falling in the previous session. This was boosted by the uncertainty surrounding…
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India faces a second year of deficit in sugar as mills close early
Trade officials said on Thursday that India's sugar production will fall below its consumption for the?second straight year…
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Sources say that OPEC+ is likely to increase oil production on Sunday.
Two OPEC+ source said that OPEC+ will likely consider a new oil production increase at their meeting on Sunday. This would…
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Bangladeshi farmers try solar irrigation when fuel prices rise
Experts say that installing solar panels in or near?crop fields can provide a "better" alternative to the rising costs of fuel for generators.
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Energy ministry reports that Morocco has enough diesel to last for 51 days.
The 'energy' ministry announced on Thursday that Morocco, which is heavily dependent on imports, has enough diesel to last…
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EUROPE GAS-European Gas Prices Rise as Hopes Fade on Quick End to Iran War
Standard Dutch and British wholesale prices for gas rose on Thursday morning, after U.S. president Donald Trump pledged'more…
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Fears of a prolonged Middle East conflict has caused most Gulf stocks to retreat.
The major Gulf stock markets dropped in the early hours of trading on Thursday, after Donald Trump said that the U.S. will…
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India reduces import taxes on petrochemicals in order to support local industry
India has abolished import taxes on petrochemicals that are used to make plastics, pharmaceuticals and other goods. This…
Shale Oil & Gas
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Fears of a prolonged Middle East conflict has caused most Gulf stocks to retreat.
The major Gulf stock markets dropped in the early hours of trading on Thursday, after Donald Trump said that the U.S. will…
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India reduces import taxes on petrochemicals in order to support local industry
India has abolished import taxes on petrochemicals that are used to make plastics, pharmaceuticals and other goods. This…
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Oil shock resilience in march - or just smoke and mirrors? Mike Dolan
The energy shock caused by the Iran war is unprecedented. So far, the real economy has been hit hard. The fact that the only…
LNG
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Australia Warned Against Taxing LNG Windfall Profits
Shell has warned Australia against introducing a windfall tax on gas exporters, saying such a move would deter investment…
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Russia's Threatens to Divert LNG Cargo From Europe, Options Limited
Russia's threat to halt liquefied natural gas (LNG) deliveries to Europe and divert cargoes to Asia would prove difficult…
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Italian Looks to Receive LNG from Algeria, Strengthen Energy Cooperation
Italy hopes to receive more gas from Algeria after agreeing to strengthen energy cooperation with the north African nation…
Renewables
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Energy ministry reports that Morocco has enough diesel to last for 51 days.
The 'energy' ministry announced on Thursday that Morocco, which is heavily dependent on imports, has enough diesel to last…
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India's palm oil imports in March fell to a 3-month low due to a price surge
Five dealers said that India's palm-oil imports dropped nearly 19% to a new low in March, as the price of tropical oil, which tracks energy markets…
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Palm prices rise on Mideast unrest and weak supply outlook
Malaysian palm oil futures rose more than 1% after the previous session. Prices were supported by the uncertainty surrounding…