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Trinidad's Atlantic LNG Shuts Down Train 4 for Maintenance
Trinidad and Tobago's flagship Atlantic LNG plans to shut its 6 million metric ton per annum Train 4 for up to 50 days in May and June for extensive maintenance and repairs, three people with knowledge of the plan told Reuters.Atlantic LNG is majority owned by Shell and BP - each with a 45% stake - while Trinidad's National Gas Company holds 10%.
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Tengiz Oilfield Power Facility Fires Damage Kazakhstan's CPC Oil Exports
Kazakhstan's planned oil exports could fall by as much as 35% this month via its main route through Russia, four trading sources have told Reuters, as the giant Tengiz oilfield slowly recovers from fires at power facilities in January.U.S. oil major Chevron leads the Tengizchevroil…
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Prices of gas in Europe rise amid lower wind power generation
On Thursday morning, the benchmark British and Dutch wholesale gasoline prices increased due to lower wind generation. The benchmark Dutch contract at the TTF hub for March was up 0.92 euros to 34.38 euros per megawatt hour or $11.89/mmBtu by 0911 GMT. The price of MWh in?Q2 was 31.00 euros/MWh, up by 0.82.
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Kuwait Oil Co. in talks with US operators about developing shale gas and oil resources
KUWAIT, February 5, 2019 ( ) – Kuwait Oil Company has been in contact with some?U.S. The CEO of Kuwait Oil Company said that the company is in talks with firms such as Devon Energy and EOG about potential collaboration to develop its shale gas and oil resources. Ahmad Al-Eidan, speaking at the Kuwait Oil & Gas Show…
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French Friday Spots Fall on Weaker Demand Forecast
French spot electricity contracts for Friday were dropped in anticipation that demand would continue to decline as temperatures rose. By 1004 GMT, the French baseload day-ahead was down by 24.4% at 59 euros ($69.53). The equivalent German contract was not traded after it closed at 106.75 Euros/MWh.
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Holm, CFO of green steel startup Stegra, has been appointed to the position in order to raise additional funds
Swedish green steel startup Stegra announced on Monday that it had appointed Markus Holm to the position of chief financial officer.
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VEGOILS - Chicago palm oil declines, Dalian pressure on oils, and demand concerns
Malaysian palm futures declined on Thursday as they tracked the weakness of Dalian vegetable oils and Chicago soybean oil…
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Vattenfall: Swedish nuclear plans require direct state investments
Vattenfall, the state-owned utility, said that the Swedish government will be forced to invest directly in new nuclear projects…
Latest news
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Finland's Neste sees flat biofuel volumes in 2026, lagging market forecast
Neste expects little change in biofuel sales by 2026 despite a supportive regulatory environment in Europe, the company said…
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Taiwan will increase its purchases of US gas in this year
Taiwan will increase its purchases of U.S. Natural Gas?to account for about one-third its import supply?this, and reduce…
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Vestas' fourth-quarter operating profit lags forecasts, expects 2026 sales growth
Vestas, a wind turbine manufacturer, reported Thursday a fourth-quarter operating loss that was below expectations. However…
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Copper falls in broad metals; increasing inventories are in focus
The price of copper fell sharply Thursday, with losses spreading across precious metals as rising inventories, and a stronger U.S.
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Palm oil prices drop on Dalian pressure and demand concerns
Malaysian palm futures declined on Thursday due to a weaker Dalian vegetable oil and demand concerns amid a stronger ringgit.
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Officials say that Indonesia will increase the mandatory bioethanol content in gasoline from 5% to 10% by 2028.
Tri Winarno, a senior official in the energy ministry, said that Indonesia will impose a 10% bioethanol content requirement for gasoline by 2028.
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Chinese solar stocks jump on news of Musk's visit, but some firms deny cooperating
Chinese solar shares rose on Wednesday, after local media reported Elon 'Musk sent delegations to visit various companies.
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GRAINS-Chicago soya beans jump to a two-month high after Trump's comments
Chicago Board of Trade soybean contracts hit a 2-month high following remarks by U.S. president Donald Trump regarding China purchasing more U.S.
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Bunge's forecast profit is below estimates due to trade and biofuel uncertainties
Bunge Global, the world's biggest oilseed processor, forecast lower-than expected profit in 2026 on Wednesday. The company…
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Oil majors buy up West African oil blocks to prepare for the next Brazil
Chevron, TotalEnergies and other oil majors are snatching up offshore blocks off the coast of West and Southern Africa. Geology…
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Germany's Uniper stresses diversification and downplays the increasing reliance on US Liquefied Natural Gas
DOHA, February 4 - The top executive of a German utility Uniper played down European concerns about the growing dependence…
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Equinor sold around 30% of its US Gas on the spot market during January's price spike
Equinor, a Norwegian company, sold 30% of its U.S. natural gas assets in January on a'spot basis,' capitalizing on a chilly…
Shale Oil & Gas
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Oil majors buy up West African oil blocks to prepare for the next Brazil
Chevron, TotalEnergies and other oil majors are snatching up offshore blocks off the coast of West and Southern Africa. Geology…
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Germany's Uniper stresses diversification and downplays the increasing reliance on US Liquefied Natural Gas
DOHA, February 4 - The top executive of a German utility Uniper played down European concerns about the growing dependence…
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Equinor sold around 30% of its US Gas on the spot market during January's price spike
Equinor, a Norwegian company, sold 30% of its U.S. natural gas assets in January on a'spot basis,' capitalizing on a chilly…
LNG
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Norway Socialist Party Withdraws Support for LNG Electricity Project Opposition
Norway's Socialist Party has withdrawn its support for a proposal to block Equinor's Hammerfest liquefied natural gas plant from receiving a planned o
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QatarEnergy Secures LNG Supply Deal with Jera as Demand Surges
QatarEnergy, one of the world's biggest LNG suppliers, signed a deal on Tuesday with Japan's top power generator Jera to…
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Electricity Needs for AI, Data Centers May Turn LNG Glut into Gap by 2030
Growing electricity demand from AI and data centres, together with rising fuel use in Asia and European gas needs could turn…
Renewables
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Officials say that Indonesia will increase the mandatory bioethanol content in gasoline from 5% to 10% by 2028.
Tri Winarno, a senior official in the energy ministry, said that Indonesia will impose a 10% bioethanol content requirement for gasoline by 2028.
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Chinese solar stocks jump on news of Musk's visit, but some firms deny cooperating
Chinese solar shares rose on Wednesday, after local media reported Elon 'Musk sent delegations to visit various companies.
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GRAINS-Chicago soya beans jump to a two-month high after Trump's comments
Chicago Board of Trade soybean contracts hit a 2-month high following remarks by U.S. president Donald Trump regarding China purchasing more U.S.