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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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Eni Looks for Infrastructure Funding Support
Italian energy group Eni has asked Morgan Stanley to help it to raise funds from investment firms such as Apollo, KKR and Stonepeak in a possible deal backed by its floating liquefied natural gas (FLNG) assets, three people familiar with the matter said.The contacts between Eni and the funds are at an early stage and there is no certainty that a de
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Qatari LNG Tanker Headed for Pakistan Successfully Crosses Strait of Hormuz
A second Qatari liquefied natural gas tanker successfully went through the Strait of Hormuz on Tuesday, days after the first such cargo crossed under an arrangement involving Iran and Pakistan, highlighting how cargoes are crossing the waterway on a case-by-case basis amid ongoing conflict risks.The vessel…
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Revenue for Russian LNG Exports Decreases as Shift to Asia Doubles Costs
Russia's diversification of its liquefied natural gas exports to Asia after the loss of the European market will cut its revenue due to at least a doubling of logistics costs, industry sources and analysts told Reuters.The European Union plans to fully phase out Russian LNG imports…
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Palm oil falls as Chicago soyoil and crude oil weaken
The price of Malaysian palm oils fell on Tuesday, after posting the biggest daily gain since March. This was due to a weaker Chicago soyoil…
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Formentera: Asian gas buyers seek more Australian gas due to supply shortage
The energy-focused U.S. investment firm, 'Formentera Partners,' said Tuesday that many Asian buyers of?oil and gas?, including Japan…
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Australian Energy Producers claim that the gas review fails to meet supply goals
Australian Energy Producers' (AEP) Chairman Cecile Wake said on Tuesday that government's review of the gas market falls…
Latest news
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MPOC: Crude palm oil price to remain around $1.110/ton by June.
The Malaysian Palm Oil Council stated that the price of crude palm oil is expected to remain at around 4,400 Ringgit ($1…
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Putin: Russia and China are ready to support each other in issues like protecting sovereignty
In a video message, Vladimir Putin, the president of Russia, said that Russia and China were ready to support each other in a wide range of issues…
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McGeever: Central banks in the US have a rate problem.
The Federal Reserve and other central bankers are facing a serious problem due to the rapid acceleration of inflation in the U.S.
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Maguire: The NextEra-Dominion AI deal is not the last.
AI isn't just a way to increase electricity demand, it also resets the minimum scale for power supply. The proposed tie up…
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NextEra CEO feels "very good" about Dominion off-shore wind project
NextEra Energy's chief executive said that on?Monday, his company was pleased with Dominion’s investment in offshore winds.
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What's behind Bolivia’s growing protests?
On Monday, supporters of Bolivia's leftist former president Evo Morales march through La Paz, escalating the unrest which…
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Draft shows EU wants to give more carbon credits for fertilisers
A draft proposal revealed that the European Commission was considering giving more free CO2 emission?permits if fertiliser companies ramped up "local…
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McGeever: Central banks in the US have a rate problem.
The Federal Reserve and other central bankers are faced with an acute problem due to the acceleration of inflation in the U.S.
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Phillips 66 will expand its gas processing capabilities in the Permian basin and Gulf Coast
Refiner 'Phillips 66' said on Monday that it will'move forward with the Zeus Gas Plant and a third Coastal Bend -?Fractionator?in?Texas…
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IEA chief warns that commercial oil stocks are rapidly depleting, with only a few weeks remaining
Fatih Birol of the International Energy Agency said that the commercial oil inventory was depleting quickly - with only a…
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Palm oil climbs against stronger rival crude oils
Malaysian palm futures rose by more than 2% Monday, the biggest daily gain since March 30. Prices were supported by a stronger ringgit…
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Independent body warns that Germany will miss its 2030 climate targets
An independent advisory body stated on 'Monday that Germany will likely miss its 2030 climate goals and emit more carbon…
Shale Oil & Gas
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IEA chief warns that commercial oil stocks are rapidly depleting, with only a few weeks remaining
Fatih Birol of the International Energy Agency said that the commercial oil inventory was depleting quickly - with only a…
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China's oil throughput in April is the lowest since August 20, 22. Inventories rise.
China's crude oil throughput in April fell to its lowest level?since August 20, 2022, according to official data released on Monday.
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Baker Hughes reports that US drillers have added oil/gas rigs to their fleet for the fourth consecutive week.
Baker Hughes, a closely watched energy services firm, said in its report on Friday that U.S. firms added oil and gas rigs…
LNG
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Eni Looks for Infrastructure Funding Support
Italian energy group Eni has asked Morgan Stanley to help it to raise funds from investment firms such as Apollo, KKR and Stonepeak in a possible deal
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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…
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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…
Renewables
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Independent body warns that Germany will miss its 2030 climate targets
An independent advisory body stated on 'Monday that Germany will likely miss its 2030 climate goals and emit more carbon…
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Palm oil climbs higher on rival crude oil, stronger than its competitors
Malaysian palm oil futures increased more than 2% on Monday, and were headed for their largest daily gain since March 30.
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HSBC will lend $4 billion to China to scale up clean technology globally
HSBC launched a $4 billion credit facility on Monday to'support 'the global expansion of mainland Chinese firms involved…
