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OMSI to Oversee Submarine Cable Installations for Belize's Energy Infrastructure
Offshore Marine Subsea International (OMSI), a UK-based leader in subsea services and a subsidiary of Offshore Marine Management…
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US LNG Export Dominance Tested as Europe's Demand Wilts
The United States has remained the largest exporter of liquefied natural gas (LNG) so far in 2024, but a steep drop in selling…
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How Trump will try to undo Biden's environmental legacy
Donald Trump, the presidential hopeful, has outlined an energy policy that focuses on maximizing U.S. power and fuel output.
Latest news
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Sources say that three DOGE members have raised concerns about access to the US Energy Department.
Two sources confirmed on Friday that members of Elon Musk’s Department of Government Efficiency are now working at the U.S.
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Palmetto prices end higher amid fears of reduced production and weak demand
The price of Malaysian palm oils futures increased for the second session in a row on Thursday. This was due to expectations…
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Prices fall quickly on the expected increase in German wind energy supply
The European spot electricity prices dropped on Thursday, as LSEG data predicted that German wind energy generation would triple in the next day.
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DeepSeek fever fuels patriotic betting on Chinese AI stocks
Chinese investors are investing in AI-related stocks. They believe that the homegrown startup DeepSeek's artificial intelligence…
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Citi increases gold forecasts due to tariff uncertainty and central bank demand
Citi Research raised its average gold price forecasts for the near term and 2025, citing geopolitical and trade war risks under U.S.
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DeepSeek fever fuels patriotic betting on Chinese AI stocks
Chinese investors are investing in AI-related stocks. They believe that the homegrown startup DeepSeek's artificial intelligence…
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Hungary's MVM expects the E.ON Energie Romania agreement to close in June or September
MVM Group, the state-owned energy firm in Hungary, expects to complete its deal to purchase a majority stake in E.ON Energie Romania by June or July.
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Mitsubishi charges $342 Million for Japan Offshore Wind Projects
Mitsubishi Corp., a Japanese company, announced on Thursday that it had taken an impairment charge of 52.2 billion yen (US$342.4…
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Palm prices rise on concerns about lower production and demand
The price of Malaysian palm oils futures rose for the second session in a row on Thursday. This was due to expectations of a decrease in production.
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Minister says Canada's Alberta is looking to Japan for new LNG contracts amid US tariff threats
Rebecca Schulz is the minister for environment and protected areas in Canada's Alberta, which is a major producer of gas.
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Venture Global CP2 export plant in Louisiana to move forward with environmental report
The proposed CP2 LNG export plant of Venture Global, a U.S. liquefied gas (LNG), company in Louisiana has moved a big step…
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Zelenskiy says 'Let's do a deal', offering Trump mineral partnership, seeking security
In an interview on Friday with, Ukrainian President Volodymyr Zelenskiy pored over a map once classified of vast deposits…
Offshore Oil & Gas
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RODA responds to Trump EO on Offshore Wind & Permitting
The Responsible Offshore Development Alliance (RODA) extends gratitude to President Trump for his decision to temporarily…
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European firms exposed as Trump targets US offshore wind
U.S. President Donald Trump in his first day of office on Monday suspended new federal offshore wind leasing pending an environmental…
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Oil Dips on Larger US Crude Draw, Russia Sanctions
Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest…
Shale Oil & Gas
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Total CEO: Company rejected Venture Global LNG as supplier due to lack of trust
TotalEnergies has rejected the opportunity to be a long-term client of Venture Global LNG U.S. Terminals, because it does not trust them…
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Ecopetrol shares fall after Colombian Petro demands sale of US Fracking business
Ecopetrol, Colombia's largest state-owned energy company, fell by 2.20% to 2,005 pesos (US $0.48) each in the early hours of trading on Wednesday.
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Vietnam's surplus trade with the US will reach a record high by 2024
Data released by the U.S. on Wednesday revealed that Vietnam's surplus in trade with the U.S. reached a record-high last year.
LNG
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Trump's complaint about the trade deficit with EU and what could come next
Donald Trump, President of the United StatesTrump has pledged to reduce a long-standing trade deficit between the United…
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US NatGas Demand Could Hit Record High
U.S. spot natural gas and power prices soared to multi-year highs in several parts of the country with extreme cold expected…
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US NatGas up as LNG feedgas rises, Frigid Temps Forecast
U.S. natural gas futures edged up about 1% on Thursday on near record flows to liquefied natural gas (LNG) export plants…
Renewables
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Trump or BRICS? Russell: The dilemma for Africa's miner and government:
The world is likely to be splitting in two over the long-term, despite the volatility and uncertainty caused by President Donald Trump's tariffs.
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Palm oil prices rise on Dalian oil demand and stronger Dalian crudes
Malaysian palm oils futures closed higher on Wednesday. They were boosted by the stronger Dalian edible oil, and traders…
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TotalEnergies CEO: US funding for Mozambique LNG Project expected in the coming weeks
TotalEnergies CEO Patrick Pouyanne stated on Wednesday that the financing for the $20 billion Mozambique Gas Project is expected…
Technology
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Alphabet Winds Down Makani
Alphabet, Google's parent company, announced that it is calling it quits on its efforts to build and monetize its Makani…
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CMA CGM Joins Energy Observer in Hydrogen Project
French shipping giant CMA CGM is joining forces with Energy Observer within a project focusing on testing the potential of…
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Toshiba Delivers Fuel Cell System to Ship
The provider of energy industry solutions Toshiba Energy Systems & Solutions Corporation (Toshiba ESS) announced that the…
Legislation
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VLCC Rates Spike as US Sanctions Bite
Supertanker freight rates jumped after the U.S. expanded sanctions on Russia's oil industry, sending traders rushing to book…
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USDoI: ANWR Drilling Auction Yields no Bids
The U.S. Interior Department said on Wednesday that a congressionally mandated oil and gas drilling lease auction in Alaska's…
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Additional Sanctions Possible for Russian Oil tankers
The Biden administration plans to impose more sanctions on Russia over its war on Ukraine, taking aim at its oil revenues…