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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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Novatek Establishes Company to Build Vessels, Floating Facilities Amid Global Tanker Shortage
Russia's largest producer of liquefied natural gas Novatek has set up a company to build its own vessels and floating facilities, according to the state's registry of authorised companies, amid a shortage of gas tankers due to sanctions.Ilya Lushchikov, who is also head of Novatek's Murmansk LNG project, is in charge of the new company, called Seve
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QatarEnergy Prepares to Restart LNG Production
QatarEnergy is preparing to restart liquefied natural gas (LNG) production, two sources with knowledge of the matter told Reuters on Wednesday.In March, QatarEnergy halted production of LNG and associated products due to military attacks on facilities in Ras Laffan and Mesaieed.The…
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Middle East Conflict Restricts Supply for European LNG Stock Refill
The escalating conflict in the Middle East due to the U.S.-Israeli war with Iran is tightening global liquefied natural gas (LNG) availability and constraining Europe's ability to refill storages which depleted to their lowest since 2022 over the summer, the European Network of Transmission System Operators for Gas (Entsog) said on Thursday.The con
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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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Palm prices rise on Malaysian biodiesel and stronger soyoil.
Malaysian palm oil futures closed Monday more than 1% above their previous close,?boosted by optimism about Malaysia's plans…
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Guyana warns World Court that Venezuela's claim to oil-rich Esequibo Region poses an existential threat
Guyana asked the judges of the International Court?of Justice to rule Venezuela doesn't 'have a legitimized claim on the…
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After industry pressure, the EU removed leather from its anti-deforestation laws
After a 'campaign' by industry groups, the European Commission announced on Monday that it had decided to exclude leather…
Latest news
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Palmettos rebound on concerns about weather, but stronger Ringgit limits gains
Malaysian palm oil futures recovered from their early losses on Monday, supported by tensions and fears of weather-related disruptions.
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Australia and Japan sign agreement on critical minerals and energy
Australia and Japan have agreed to intensify their 'cooperation in energy and minerals. The agreement was reached on Monday…
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Japan's PM Takaichi to meet with Australia's Albanese about energy security
On Monday, the Japanese Prime Minister Sanae Takaichi will hold talks with his Australian counterpart Anthony Albanese in Canberra.
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FT reports that Trump administration cites national safety to halt US Wind Farm Projects
The Financial Times reported on Sunday that President Donald Trump’s administration had halted U.S. Onshore Wind Development…
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After a slow year, the biodiesel sector is now facing record US biofuel goals.
In spite of the fact that it is still recovering from a difficult year, the U.S. Biodiesel Industry will find it hard to…
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S&P confirms Qatar's credit rating, expecting'sizable assets' to mitigate Iran War impact
S&P Global Ratings, a credit rating agency, maintained Qatar's sovereign rated at 'AA/A-1+ on Friday. It expects the country's…
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US LNG exports to Asia increased in April due to Middle East conflict that curtailed supplies
The U.S. exported liquefied gas to Asia in April. American producers helped?offset the reduced supply from Middle Eastern…
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Sources say that WildFire Energy owners are looking to sell the US shale operator for $4 billion or more.
Investment firms 'Warburg Pincus' and 'Kayne Anderson" are exploring the possibility of selling WildFire Energy. Any deal…
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Baker Hughes reports that US drillers have added oil and gas rigs to their fleets for the second week running.
Baker Hughes, a renowned energy services firm, said that U.S. firms added oil and natural gas rigs this week for the second week in a row.
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Bloomberg News reports that BP is considering a possible exit from the UK North Sea.
Bloomberg News reported Friday that BP is considering selling some or all its UK North Sea assets as part of a broader initiative…
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TSX stable as mining, counter-energy and tech gains offset TSX decline
Canada's main index of stocks traded flat on Friday as technology shares climbed and energy?and material?shares declined.
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The time is running out for investors to prepare for a true oil shock
Investors are still enthralled by the AI boom, which has sent stocks to new highs. They also harbour hopes for a short-lived Iran War.
Shale Oil & Gas
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TSX stable as mining, counter-energy and tech gains offset TSX decline
Canada's main index of stocks traded flat on Friday as technology shares climbed and energy?and material?shares declined.
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The time is running out for investors to prepare for a true oil shock
Investors are still enthralled by the AI boom, which has sent stocks to new highs. They also harbour hopes for a short-lived Iran War.
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Occidental’s Hollub will step down, a rare woman in the US oil industry.
Occidental Petroleum announced on Friday that CEO Vicki Hollub - one of the'most prominent women' in the male dominated oil…
LNG
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Middle East Conflict Restricts Supply for European LNG Stock Refill
The escalating conflict in the Middle East due to the U.S.-Israeli war with Iran is tightening global liquefied natural gas (LNG) availability and con
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QatarEnergy Prepares to Restart LNG Production
QatarEnergy is preparing to restart liquefied natural gas (LNG) production, two sources with knowledge of the matter told…
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Novatek Establishes Company to Build Vessels, Floating Facilities Amid Global Tanker Shortage
Russia's largest producer of liquefied natural gas Novatek has set up a company to build its own vessels and floating facilities, according to the sta
Renewables
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First Solar's sales increase on the back of higher demand for solar panels
First Solar, the largest U.S. solar panel manufacturer, reported on Thursday higher quarterly sales that met Wall Street's expectations.
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After a slow year, the biodiesel sector is now facing record US biofuel goals.
This year, the U.S. Biodiesel Industry, which is still recovering from a difficult year, will find it hard to ramp up production…
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UN Climate chief: Iran war supercharges clean energy transition
U.N. Climate Secretary?Said Thursday that the Iran war has "supercharged" the global shift to'renewable energy' as countries…
