World Energy News

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…
US Court Reverses NJ permit for Williams NESE Natural Gas Pipeline

The U.S. Third Circuit Court of Appeals reversed a key New Jersey water permit for U.S. energy company Williams Cos' long-delayed Northeast Supply Enhancement (NESE) natural gas pipeline project in Pennsylvania, New Jersey and New York.The court said in a ruling on Tuesday that it granted petitions by environmental groups…
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 to evaluate development of an onshore LNG storage and regasification terminal with capacity of up to 5 million tonnes a year.Here are more details:Terminal could connect with the Trans Adriatic Pipeline…
Australia relaxes the east coast gas reservations rule for LNG exporters and delays start in 2028

Australia relaxed slightly on Thursday a proposed rule that would have "forced" energy exporters to set aside a fixed amount of natural gas (?20%) for its East Coast market. Instead, they were required to reserve as much as a fifth. The Energy Minister Chris Bowen stated that exporters can provide up to an additional 200 petajoules per year.
Palmetum falls for third consecutive session due to weaker soyoil and expected bearish MPOB data

Malaysian palm oil futures fell more than 1% Thursday, continuing a trend of 'losses' for the third session in a row. This was due to a combination of a weakening soyoil and an expected decline in demand and supply. At midday, the benchmark palm oil contract on Bursa Derivatives exchange for November delivery fell 66 ringgit or 1.33% to 4…

Latest news

Shale Oil & Gas

Beware of financial wildfires in a global heatwave: Mike Dolan

The world economy has not been cooled by two wars or sky-high oil prices. Asset managers are forced to stay invested despite the hot global growth in the second half of this year. Higher interest rates could be the only remaining policy brake. Since the Iran War - which pushed crude oil prices 50% higher, and natural gas doubled - there has been a nervous waiting to see the ripple effects on the global economy.

LNG

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, but without the duplication of infrastructure and overspending that occurred in the 2010s.The territory's Beetaloo sub-basin was surveyed over 30 years ago but the first commercial volumes of shale gas were shipped only this week from Tamboran Resources’ Shenandoah gas project.Like Queensland's coal seam gas-to-LNG ambitions…

Renewables

Nepal places climate justice in the centre of its global appeal for flood relief

Officials said that Nepalese officials will be asking wealthy countries and international agencies for financial assistance this week. They claim they should "contribute" to the $5 billion required for initial reconstruction, as the disaster shows climate change's impact on 'poor' countries. Since the collapse of the Himalayan Glacier in late August, which caused destruction in the valleys below it, more than 5,300 people are still missing in Nepal and China’s Tibet region.

Victoria Launches First Australian Offshore Wind Auction

US Court Reverses NJ permit for Williams NESE Natural Gas Pipeline

Argent LNG, Albania to Evaluate Development of Import Terminal

Australia relaxes the east coast gas reservations rule for LNG exporters and delays start in 2028

Palmetum falls for third consecutive session due to weaker soyoil and expected bearish MPOB data

Russell: The oil industry in Asia wants Trump to abandon the Gulf but doesn't expect him to do so.

Council says global clean hydrogen investments top $130 billion as energy security push is pushed.

Wall Street Journal, September 10,

Latest news

India increases biofuel usage amid increasing crude supply risks

Australia relaxes East Coast Gas Reservation Rule for LNG Exporters

First time drones have hit Russia's hinterland of gas in northern Siberia

TotalEnergies CEO: $10 billion Angola investment planned with partners in five years

Russia and Vietnam Sign Framework Agreement on Strategic Oil Storage

Auditors say EU's Russian Energy Exit is failing

Baker Hughes increases annual forecasts following Chart purchase and signals LNG recovery ahead

Baker Hughes increases annual forecasts following Chart acquisition

Energean's profit in the UK jumps due to lower tax charges, and production recovers from Israel halt

Palm slips in second session as profit taking weighs

EU faces complaints over plans to simplify environmental laws

VEGOILS - Palm extends losses to second session as profit taking weighs

Shale Oil & Gas

Beware of financial wildfires in a global heatwave: Mike Dolan

Baker Hughes increases annual forecasts following Chart purchase and signals LNG recovery ahead

Baker Hughes increases annual forecasts following Chart acquisition

Energean's profit in the UK jumps due to lower tax charges, and production recovers from Israel halt

LNG

Northern Territory Shale Developers Look Towards LNG Production

San Matias Pipeline Cansortium Closes $900m Loan for Pipeline

Bangladesh Seeks US LNG Amidst Global Supply Disruptions

Cheniere Energy Increase Annual Profit on Strong LNG Demand

Renewables

Nepal places climate justice in the centre of its global appeal for flood relief

Auditors say EU's Russian Energy Exit is failing

Palm slips in second session as profit taking weighs

EU faces complaints over plans to simplify environmental laws

Government Program Manager

Oiler/ QMED

Press Releases