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Victoria Launches First Australian Offshore Wind Auction
The government of Australia's Victoria state has opened a bidding process for its first 2 GW of offshore wind capacity, marking the launch of the country's first offshore wind auction.Energy and Resources Minister Jaclyn Symes opened the Request for Proposal process on August 26, with projects to be assessed on value for money…
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Sources say that EDF is considering preferred equity as a way to attract buyers to Edison shares
Three sources with knowledge of the situation said that France's EDF was considering a preferred equity structure in order to attract investors for its upcoming sale of a minority stake in Italian utility Edison, after Iran war LNG disruptions impacted its IPO options. Edison, the state-owned French nuclear company…
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Judge rules that Trump's EPA terminated the $7 billion solar grant program illegally
Federal judge in Rhode Island ruled on Friday that the?President Donald Trump administration's administration illegally canceled a $7 Billion?grant? program intended to expand solar energy in low income communities. US District Judge Mary McElroy, in Provision, sided with several nonprofits…
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TotalEnergies offshore project in Suriname to start production in mid-2028
Annand Jagesar of the state-run Staatsolie said that the French energy company TotalEnergies, along with its partners, are on track to launch the project's output in mid-2028. He was speaking during a visit to the site to monitor the progress. Jagesar said, "Together we are not just developing an energy project…
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Andy Home: Oil shock increases risk of metalshock as EV sales increase
Oil shock from the Iran War is recharging the market for electric vehicles (EVs) as high prices of gasoline and diesel fuel stimulate the consumer demand for alternative fuels. The economics of EVs is driving sales just as much as government subsidies or 'green' ideology. This is…
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Palm muted by weak crude and firm ringgit
Malaysian palm oil futures were muted Monday due to a softer crude and a stronger ringgit, which combined with a low level of market participation.
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Judge rules that Trump's EPA terminated the $7 billion solar grant program illegally
A federal judge in Rhode Island ruled Friday that the Trump administration had unlawfully canceled a $7 Billion grant program…
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Record US diesel prices squeeze farmers; food prices may rise
Addie Yoder is a farmer in northeast Missouri who grows corn, soybeans, and cattle. She uses two combines, 3 semi-trucks…
Latest news
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Sources say that China's RoboTechnik will list $800 million in Hong Kong on September 21.
Two people who are familiar with the situation said that Chinese automation equipment manufacturer RoboTechnik Intelligent…
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Baker Hughes reports that US energy companies added rigs in the second week at their highest level since May 2024.
Baker Hughes, a provider of energy services, said in its Friday report that US energy companies added rigs this week for…
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Mozambique: IMF mission could open the way for new loan program
Mozambique’s Finance Ministry said on Friday that it hoped a mission of the International Monetary Fund, which ended this week…
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Mozambique expects IMF visit to pave way for new loan program
Mozambique’s Finance Ministry announced?on Friday? that a?International Monetary Fund mission had been completed. The ministry…
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Warren Buffett’s path to investing glory
Warren Buffett is retiring as chairman of Berkshire Hathaway, the legendary investor and former CEO. This marks the end of…
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Palm oil drops on the weaker crude oils; crude gains 1.7% this week
Malaysian palm oil futures were lower on Friday as they tracked weaker rival edible oils from the Dalian and Chicago Exchanges, as well a crude oil.
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What the commodity markets can look forward to from the Trump-Xi Summit
The trade in agricultural products, energy, and rare earths have become the major bargaining cards in the trade dispute between…
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Sources: US shale producer HighPeak Energy is exploring a sale
Three people with knowledge of the situation said that HighPeak Energy is exploring the possibility of selling after receiving…
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Markets are stagflation-prone due to rising oil prices, rates and yields
As a result, the Middle East war has pushed up energy costs and global borrowing rates. This is pushing markets and economies…
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Highlights of Mark Carney's speech as Canadian Prime Minister in Strasbourg
Mark Carney, Canada's prime minister, called for a strategic alliance between the European Union and Canada. He also proposed…
Shale Oil & Gas
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What the commodity markets can look forward to from the Trump-Xi Summit
The trade in agricultural products, energy, and rare earths have become the major bargaining cards in the trade dispute between…
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Sources: US shale producer HighPeak Energy is exploring a sale
Three people with knowledge of the situation said that HighPeak Energy is exploring the possibility of selling after receiving…
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Markets are stagflation-prone due to rising oil prices, rates and yields
As a result, the Middle East war has pushed up energy costs and global borrowing rates. This is pushing markets and economies…
LNG
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Argent LNG, Albania to Evaluate Development of Import Terminal
U.S. LNG developer Argent LNG said on Wednesday it had signed a non-binding memorandum of understanding with Albania's government…
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Northern Territory Shale Developers Look Towards LNG Production
Developers of shale gas in Australia's Northern Territory say they plan to replicate the liquefied natural gas boom in the state of Queensland…
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San Matias Pipeline Cansortium Closes $900m Loan for Pipeline
Argentina's San Matias Pipeline consortium said on Friday it had closed a $900 million project finance loan to build a pipeline…
Renewables
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Palm oil drops on the weaker crude oils; crude gains 1.7% this week
Malaysian palm oil futures were lower on Friday as they tracked weaker rival edible oils from the Dalian and Chicago Exchanges, as well a crude oil.
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Palm oil is gaining ground on rival oils, including edible oils.
Malaysian palm oil futures dropped on Friday as a result of weaker edible oils traded on Dalian and Chicago and crude oil.
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Highlights of Mark Carney's speech as Canadian Prime Minister in Strasbourg
Mark Carney, Canada's prime minister, called for a strategic alliance between the European Union and Canada. He also proposed…
