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Inpex's Australian LNG worker back pay agreement could set an industry standard
Workers at Inpex’s Ichthys plant for liquefied gas in Darwin have unanimously backed a pay deal that they hope will be replicated across Australia's offshore oil and gas sector. This agreement is part of what the unions call a "second wave" of bargaining in the energy sector. They are seeking similar pay and working conditions with Shell…
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Chairman of Chile's Codelco says the company expects copper production to remain flat in coming years
Codelco, the state-owned copper?miner in Chile, expects to maintain current production levels over the next few years, said chairman Bernardo Fontaine on Wednesday. The miner has been working to recover after a?slump in 2022 and?2023, when production dropped to?two decade lows. Codelco produced?1.33 millions of tons at its own mines last year.
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Australian Inpex Workers Set Industry Precedent With New Pay Deal
Workers at Inpex's Ichthys liquefied natural gas plant in Darwin have overwhelmingly backed a new pay deal that unions hope to replicate across Australia's offshore energy sector.The agreement is the first in what unions describe as a second wave of bargaining across the sector, as…
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Argent LNG, Naftogaz to Explore US LNG Supply
Argent LNG and Ukraine's state energy company Naftogaz Group have signed a memorandum of understanding to explore long-term U.S. liquefied natural gas supply, transport and distribution cooperation, the companies said on Wednesday.The MoU covers potential LNG sales from Argent's planned…
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BP to sell stakes in the portfolio and close its venture arm
Verdane has agreed to buy minority stakes in over 10 companies from BP's portfolio. Meg O'Neill - the CEO of BP who took over the top position in April - said in a statement earlier this month that the company 'needs' to prioritize financial discipline, by simplifying their portfolio…
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EU diplomat: EU envoys failed to agree on 21st Package of Sanctions against Russia
An EU diplomat stated on Wednesday that European Union envoys have not yet reached agreement on a 21st set of'sanctions'…
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Rezolv, a Romanian energy developer, will begin construction of the largest solar park in Europe this summer
Alastair Hammond, the Chief executive of Rezolv, said that they aim to increase their renewable energy portfolio from 2.3…
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Palm oil prices fall amid a tepid market.
Malaysian palm futures declined on Wednesday, ending two sessions of gains. A lack of significant market cues kept the sentiment low.
Latest news
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The drought in the US West pits towns and industry against farms as they compete for water
In Arizona, dead fish are found in the bed of a dry reservoir. A small Utah town in the north could run out water within months.
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Ten countries ask EU to reconsider new carbon pricing on fuel
Ten countries, including Italy, Poland and the Czech Republic, have urged the European Union (EU) to "reconsider" a new carbon…
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Palm oil prices are largely unchanged amid a tepid market.
The market was apathetic due to the lack of significant cues, and palm oil futures in Malaysia traded sideways on Wednesday.
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Bangladesh solar incentives may not be for smaller consumers
According to the National Board of Revenue, these measures were introduced on July 1, in the 'latest national budget.' They…
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China's oil throughput in June is at its lowest level since the pandemic, amid Iran war
China's crude throughput in June fell to its lowest level since pandemic levels, according to official data released on Wednesday. The?Iran War?
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Shell plans to drill at Venezuela's offshore gas field in 2027, according to sources
Shell has started tendering drilling services for its Dragon off-shore gas project in eastern Venezuela. This is part of…
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US Russia sanctions bill reduces tariffs on China, India
The U.S. Senate on Tuesday released an updated version of the Russia sanctions legislation, championed?by the late Senator Lindsey Graham.
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Shell plans to drill at Venezuela's offshore gas field in 2027, according to sources
Shell has begun tendering drilling services for its Dragon off-shore gas project in eastern Venezuela. This is part of a…
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US Russia sanctions bill reduces tariffs on China, India
The Republican and Democratic U.S. Senators unveiled a revised version of the 'Russian sanctions legislation' championed…
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Brazil's Energis8 CEO: aims for annual SAF production of 1 billion liters
Marcos Guerra, the Chief Executive Officer of Brazilian firm Energis8, said in an interview that the company expects to produce…
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Trump's cuts in clean energy projects are linked to $83 Billion in cancelled or delayed projects
According to a report published on Tuesday by the labor and environmental coalition BlueGreen Alliance, policies of the Trump…
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The IEA warns that EU's methane laws could restrict the bloc's oil supplies options
The International Energy Agency warned that the EU's rules on methane could restrict the oil supply available to the bloc.
Shale Oil & Gas
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Shell plans to drill at Venezuela's offshore gas field in 2027, according to sources
Shell has started tendering drilling services for its Dragon off-shore gas project in eastern Venezuela. This is part of…
-
US Russia sanctions bill reduces tariffs on China, India
The U.S. Senate on Tuesday released an updated version of the Russia sanctions legislation, championed?by the late Senator Lindsey Graham.
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Shell plans to drill at Venezuela's offshore gas field in 2027, according to sources
Shell has begun tendering drilling services for its Dragon off-shore gas project in eastern Venezuela. This is part of a…
LNG
Renewables
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Brazil's Energis8 CEO: aims for annual SAF production of 1 billion liters
Marcos Guerra, the Chief Executive Officer of Brazilian firm Energis8, said in an interview that the company expects to produce…
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Trump's cuts in clean energy projects are linked to $83 Billion in cancelled or delayed projects
According to a report published on Tuesday by the labor and environmental coalition BlueGreen Alliance, policies of the Trump…
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The IEA warns that EU's methane laws could restrict the bloc's oil supplies options
The International Energy Agency warned that the EU's rules on methane could restrict the oil supply available to the bloc.
