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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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Germany Plans For $1.9 billion of Fuel Price Relief Amidst Global Energy Crisis
Germany's coalition government has agreed fuel price relief for consumers and businesses worth 1.6 billion euros ($1.9 billion), ending a dispute over how to respond to an oil price surge triggered by the Iran war.The energy tax on diesel and petrol will be cut by about 0.17 euros per litre for two months…
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Nornickel is looking for a new market for palladium with EVs that use a catalyst for lithium-sulphur battery
Nornickel, a Russian company, said it would 'complete the development of a Palladium-based catalyst?for Li-S batteries in three years.
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China's Xi: Rule of law is essential for Middle East Peace
China's president Xi Jinping rebuked the U.S. and Israeli war against Iran on Tuesday by saying that the international rule…
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BP reports 'exceptional trading results' amid volatile oil prices
BP announced on Tuesday that it expects its massive oil?trading -desk to report "exceptional" first quarter results, signalling…
Latest news
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Palm oil drops over 1% due to crude weakness and softer competitor oils
Malaysian palm oil futures dropped more than 1% Tuesday, due to lower crude oil prices and competition from edible oils.
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Japan's greenhouse gases emissions dropped to a record low in FY2024
Government data released on Tuesday showed that Japan's greenhouse gases emissions decreased by 1.9% in fiscal 2024 (which ended March 2025).
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McGeever: Wall Street's fantasies about earnings may be a harsh reality soon.
There's something not quite right. The geopolitical risks are out of control. U.S. Oil prices have risen by over 70% in the past year.
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Grid operators claim that Britain will still have enough electricity this summer, despite the turmoil in Iran
The network operators in Britain said that the country will have enough electricity and gas this summer, despite a decline in domestic gas production…
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EU to increase fuel subsidies in response to Iran War Price Spikes
On Monday, the European Commission said that it wants countries to be able to release more public money to help companies…
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Les Echos: Stellantis will exit Symbio JV in May for a cost of 235 million euros.
The French newspaper Les Echos reported that Stellantis expects to complete its divestment of the hydrogen fuel cell joint venture Symbio by May.
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Chief of IEA says that IEA is prepared to tap into global oil reserves if necessary
Fatih Birol said on Monday that he hoped another oil release was not required, but "we are ready to act" in the event of…
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EU launches critical minerals procurement platform
The European Union launched on Monday the crucial'minerals' section of its 'energy and materials procurement platform, which…
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Botswana signs mineral and energy exploration deal with Oman
The presidency announced on Monday that a trip to Oman to strengthen economic relations led by the Botswana president resulted in multiple agreements…
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South Africa signs new climate loan and critical minerals agreement on Germany's visit
South Africa's Foreign Minister said that Germany had agreed to give South Africa an additional 200 million euro concessional climate loan.
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McGeever: Wall Street's fantasies about earnings may be a harsh reality soon.
There's something not quite right. Geopolitical risks are out of control. U.S. Oil prices have increased over 70% in the past year.
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Eni CEO: EU should reconsider plans to ban Russian gas imports
Eni's head, an Italian energy company, says that the?European Union needs to reconsider its plans for a gradual?ban on imports…
Shale Oil & Gas
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Eni CEO: EU should reconsider plans to ban Russian gas imports
Eni's head, an Italian energy company, says that the?European Union needs to reconsider its plans for a gradual?ban on imports…
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Prices of EUROPE GAS rise after US-Iran talks fall short
Dutch and British gas rates?rose? on Monday, after U.S. and Iran talks failed to reach an agreement to end the war, jeopardizing…
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Baker Hughes sells Waygate Unit to Hexagon For Around $1.45 Billion
Baker Hughes, a provider of oilfield services, sold its Waygate Technologies division to Hexagon, a Swedish industrial technology…
LNG
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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
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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…
Renewables
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South Africa signs new climate loan and critical minerals agreement on Germany's visit
South Africa's Foreign Minister said that Germany had agreed to give South Africa an additional 200 million euro concessional climate loan.
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Palm prices rise as Middle East tensions spur buying interest
Malaysian palm futures rose slightly on Monday, recovering from the previous session’s loss. Geopolitical concerns in the…
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Palm prices rise by over 1% amid Middle East tensions
The price of Malaysian palm oil futures rose by more than 1% on Monday. This was a slight improvement from the previous session…
