Chile to receive its first Australian LNG in 3 years amid tighter Atlantic supply
According to ship tracking data, two Australian LNG cargoes are on their way to Chile. This would be the first time in three years that Chile has received shipments of this nature. The competition between…
Commonwealth LNG signs 20-year supply agreement with Mercuria in response to US LNG export growth
Commonwealth LNG announced on Tuesday that it had signed a sale-and-purchase agreement for 20 years to supply Mercuria 1 million metric tonnes of liquefied gas per year. The deal stipulates that Mercuria would…
Count down to CMA Shipping 2026
The count down is on for this year’s CMA Shipping 2026 conference and exhibition taking place from 10–12 March 2026 at the Hilton Stamford Hotel in Stamford, Connecticut. Organised by the Connecticut Maritime Association (CMA) and Informa Markets…
Canada and Australia LNG cargoes headed to the Atlantic after Arctic storm in a rare move
Ship tracking data revealed that at least three LNG cargoes, loaded in Australia and Canada, are headed to Europe and the Americas, instead of Asia, their usual destination. This is because an Arctic storm has curtailed?exports out of the U.S.
Oil Prices Rise 2% Amidst Venezuela Conflict, Supply Concerns
Oil prices rose about 2% on Thursday after two days of declines as investors assessed developments in Venezuela and on worries about supplies from Russia, Iraq and Iran.Brent futures rose $1.21, or 2%, to $61.17 per barrel at 11:17 a.m.
Bousso: The geopolitical premium of oil in the ROI vanished by 2025 and is unlikely to return.
In 2025, the global oil markets were faced with multiple black swans events - such as the Israel-Iran War and Ukrainian attacks on Russian refiners. Yet they were barely affected. In an era when energy is abundant, this calm could be the new norm.
Bousso: The geopolitical premium of oil in the ROI vanished by 2025 and is unlikely to return.
In 2025, the global oil markets were faced with multiple black swans events - such as the Israel-Iran War and Ukrainian attacks on Russian refineries - but they were not fazed. In an age of abundant energy, this calm could be the new norm.
Gunvor's managers buy out Tornqvist's CEO as the company seeks to 'definitive re-set'
Torbjorn Tornqvist, the CEO of global commodity trading firm Gunvor, will sell his entire shareholding as part of a management buyout. This comes after the U.S. labeled the company the "Kremlin’s puppet" because it had previously been linked to Russia.
Sources say that RPT-Gunvor is weighing the US energy push, which could strengthen Washington ties.
Sources familiar with the situation said that Gunvor, a commodity trader, has been in active discussions to invest into U.S. oil and gas producing assets. This could help to repair relations with the Trump…
Gunvor considers US energy push, which could strengthen Washington ties
Sources familiar with the situation said that Gunvor, a commodity trader, has been in active discussions to invest into U.S. oil and gas producing assets. This could help to repair relations with the Trump…
Lukoil to Sell International Assets
Russia's Lukoil is selling its international assets after the U.S. imposed sanctions on the company.Washington refused to approve the sale of assets to Swiss commodity trader Gunvor, throwing Lukoil's operations…
TotalEnergies and Petronas get the green light for exploration in Guyana
TotalEnergies and Petronas are oil producers who have signed an agreement for five years with the Guyana government to explore shallow-water blocks, officials and executives of both companies said on Tuesday.
Freeport-McMoRan says it is still in discussions with Indonesia about the Grasberg Mine rights.
Freeport-McMoRan announced on Tuesday that it is still in talks with the Indonesian government regarding the rights to operate the Grasberg gold and copper mine beyond 2041. Earlier on Tuesday, news reports…
MPOC says that palm oil is expected to trade between 4,200 and 4500 ringgits in the coming weeks.
The Malaysian Palm Oil Council stated on Monday that palm oil prices are expected to fluctuate between 4,200 and 4,500 Ringgit ($998 and $1,069) per metric tonne in the coming weeks due to a tight supply of vegetable oil and weak demand from key markets.
TotalEnergies sold 45% of its oil and gas blocks in Argentina to YPF at $500 million
TotalEnergies announced on Wednesday that Total Austral, its affiliate company, had agreed to sell 45% of its interest in two unconventional gas and oil blocks to YPF Argentina. TotalEnergies announced that the deal was valued at $500m.
Air Products lowers its earnings forecast amid weak helium sales and LNG impact
Air Products reported a lower-than expected fourth-quarter profit and lowered its earnings expectations for the full year on Thursday as weak helium demands, project exits, and the impact from a previous LNG business sale continued weighing on volumes.
Temasek portfolio value reaches record high, says US risk has likely peaked
Singapore's Temasek, the state-owned investor in Singapore, reported on Wednesday a 11.6% increase year-on-year to S$434 Billion ($340 Billion) and that risks related to U.S. immigration policies and tariffs and fiscal tightening had probably peaked.
Shares in European Renewable Companies Rise After Revised US Senate Bill
Shares in European renewable energy companies rose on Wednesday after the U.S. Senate passed a revised budget bill the previous day which was more positive for wind power compared to an earlier version.U.S.
Shares of European renewable energy companies rise following revised US Senate bill
The shares of European renewable energy companies increased on Wednesday, after the U.S. Senate approved on Tuesday a revised version of its budget bill which was more favorable for wind power than an earlier version.
Meyer Burger, a Swiss solar panel manufacturer, files for bankruptcy for German subsidiaries
In a Saturday statement, Meyer Burger, a Swiss manufacturer of solar panels filed insolvency proceedings for its German subsidiaries. Meyer Burger (Industries) GmbH & Meyer Burger (Germany) GmbH have both initiated insolvency procedures…