Golden Pass LNG to load its first export cargo in Texas amid record feedgas consumption
According to a trading resource and LSEG ship tracking data, the HL Sea Eagle LNG tanker is expected to arrive at Golden Pass Export Terminal in Texas on the 20th of April to load the first cargo for export from the plant. LSEG…
Sources say that oil giants have shown early interest in US Gulf Deepwater Field stake
TotalEnergies, a European energy giant, and Shell are among the companies that want to buy a majority stake at one of?U.S. Three sources familiar with the process have said that the Gulf is one of the most promising sites. This…
After Trump's threats to attack Iran, the price of oil in the near-term has reached a record high compared with later deliveries.
U.S. crude futures for immediate next-month delivery hit their highest-ever premium on Thursday as traders scrambled to secure barrels following Donald Trump's pledge to?continue?attacking Iran. Backwardation, or the trading…
Baker Hughes reports that US drillers have added oil and gas rigs to their fleet for the first time in 3 weeks.
Baker Hughes, a?energy services firm?, said on Thursday that U.S. firms added to the number of oil and gas rigs operating for the first time since three weeks. The number of oil and 'gas rigs, an early indicator for future production, increased by five in the week ending April 2.
Sources say that RPT-Italy will get LNG from QatarEnergy's US Golden Pass in June
Two sources with knowledge of the matter have confirmed that Italy will start receiving liquefied gas (LNG), from a facility called 'Golden Pass LNG,' in the United States. This is a joint venture between QatarEnergy, Exxon Mobil and other companies.
Sources say that Italy will get LNG from QatarEnergy's US Golden Pass in June.
Two sources with knowledge of the matter have confirmed that Italy will start receiving liquefied natural gas (LNG), from the Golden Pass LNG plant in 'the United States. This is a joint venture between QatarEnergy & Exxon Mobil.
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…
Verbio CEO: Middle East war drives demand for local biofuel
Verbio's chief executive said that the rising fuel prices are "extraordinarily advantageous" for its biofuel producer. The company is experiencing a rise in demand as countries and companies look to cut energy costs and secure supplies.
Palm prices rise on Mideast unrest and weak supply outlook
Malaysian palm futures rose a day after falling in the previous session. This was boosted by the uncertainty surrounding the Middle East conflict and the expectation of a fall in March's output. The benchmark palm oil contract…
Sources say that OPEC+ is likely to increase oil production on Sunday.
Two OPEC+ source said that OPEC+ will likely consider a new oil production increase at their meeting on Sunday. This would allow key producers to 'add more barrels' if the Strait of Hormuz reopens, the world’s most important…
Bangladeshi farmers try solar irrigation when fuel prices rise
Experts say that installing solar panels in or near?crop fields can provide a "better" alternative to the rising costs of fuel for generators. The technology is still not widely used. According to the Bangladesh Agricultural Development Corporation…
Tesla's China made EV sales increase for the second consecutive quarter
Tesla's China made electric vehicle sales rose for the second consecutive quarter, despite increased competition from the U.S. The automaker has broadened its focus beyond EVs. The China Passenger 'Car Association reported on…
EUROPE GAS-European Gas Prices Rise as Hopes Fade on Quick End to Iran War
Standard Dutch and British wholesale prices for gas rose on Thursday morning, after U.S. president Donald Trump pledged'more aggressive strikes against Iran, without committing to any specific timeline to end the war, worrying…
Fears of a prolonged Middle East conflict has caused most Gulf stocks to retreat.
The major Gulf stock markets dropped in the early hours of trading on Thursday, after Donald Trump said that the U.S. will continue to attack?Iran without indicating a definite end date. In a late-night prime-time speech, Trump stated that the U.S.
India reduces import taxes on petrochemicals in order to support local industry
India has abolished import taxes on petrochemicals that are used to make plastics, pharmaceuticals and other goods. This is after the government invoked emergency powers and diverted local chemicals for the production of cooking gases due to the shortages caused by war in Iran.
Oil shock resilience in march - or just smoke and mirrors? Mike Dolan
The energy shock caused by the Iran war is unprecedented. So far, the real economy has been hit hard. The fact that the only immediate information available is market sentiment, pricing or anecdotes makes it difficult to invest in a sudden crisis such as the Middle East conflict.
Palm prices rise on Mideast unrest and weak supply outlook
Malaysian palm oil futures rose more than 1% after the previous session. Prices were supported by the uncertainty surrounding the Middle East conflict and expectations of a drop in March production. By midday, the benchmark contract…
Gas prices in Europe fall after Trump announces US withdrawal from Iran War
The benchmark Dutch and British wholesale gasoline prices dropped 'on Wednesday afternoon, after U.S. president Donald Trump said the United States would end their war against Iran 'fairly soon. But could return for "spot strikes" if necessary.
A krill harvesting vessel and an activist vessel collide off Antarctica
Aker QRILL, the owner of the vessel, confirmed that an environmental activist vessel had collided with a Norwegian krill harvesting vessel on Tuesday, damaging its hull. The Captain Paul Watson Foundation's 65-metre Bandero vessel…
Russia claims that OPEC+ monitor panel will likely discuss oil price increase
?Russian foreign?ministry? said?on?Wednesday that it expects OPEC+ to discuss the recent increase in oil prices at its meeting on April 5th. Brent front-month futures have hit a'record gain' of 64% for the month of March according to LSEG data going back to June 1988. U.S.