Schedule for US Energy Data in Holiday Week
The Presidents Day federal holidays on Monday, 16th February will affect the release schedule for?some of the major energy data that is to be released during?the week of February 15th. The schedule below shows the U.S.
Sources say that Trinidad's Atlantic LNG has shut down its Train 3 facility for emergency repairs.
Three people familiar with the situation said that on Wednesday, Trinidad and Tobago’s flagship Atlantic LNG complex, which produces liquefied gas from natural gas in Trinidad and Tobago…
Baker Hughes reports that US drillers have cut three oil rigs and added three gas rigs to their weekly count, while maintaining the same number of rigs.
Baker Hughes, a leading energy services company, said that the U.S. oil and gas companies this week reduced three oil rigs while adding three natural-gas rigs. The overall rig count remained unchanged.
Caturus signs a 20-year LNG Supply Deal with Saudi Aramco
U.S. Gas Producer 'Caturus' said on Friday that its unit, Commonwealth LNG, had signed a twenty-year agreement with Saudi Aramco to supply 1,000,000 tonne per year of lNG from?its proposed Louisiana Export Project. The U.S.
TC Energy exceeds profit expectations as natural gas and power demand increases
Canadian 'pipeline operator TC Energy' beat analysts' expectations for the fourth quarter?profit % on Friday. This was helped by record natural-gas flows across its North American networks…
US permits oil majors to resume Venezuelan operations and broadly approves new energy investment
The U.S. eased its sanctions against Venezuela's energy industry on?Friday. It issued two general licenses allowing global energy companies? to resume oil and?gas operations in the…
EEX invites comments on the extension of trading hours for benchmark gas contracts
The CEO of Deutsche Boerse's EEX (Europe's largest electricity and gas 'exchange) said that the company is currently in discussions with market participants about whether to extend…
Maguire: Maguire, China's renewables boom has boosted it to a rare clean-capacity club.
In 2025, the world's largest polluter will have crossed a crucial energy transition threshold by installing more clean power than fossil fuel production capacity for the first. Global…
German forward contracts fall on lower carbon prices
German power contracts for the year ahead fell on Friday as a result of further drops in the carbon markets. By?0949 GMT, German baseload for the year ahead had fallen 3.6% to 77 Euros ($91.33).
EUROPE GAS - European prices rise ahead of weekend temperatures drop
Dutch and British gas wholesale contracts traded within a small?range Friday morning. A possible?increase ahead of the temperature drop that is expected this weekend. By 0826 GMT, the…
India looks at increasing gas usage during peak hours in order to guarantee power supply
India's top power official revealed on Friday that the country is looking at whether its under-used, gas-fired plants can be used during evening peak hours to provide flexibility in…
France plans to increase decarbonised electricity production by 20% in a decade and encourage demand
The French government will aim to increase electricity production by nuclear and renewables in the next decade. They are also planning to publish an electrification strategy to encourage the shift away from fossil fuels.
Maguire: Maguire, China's renewables boom has boosted it to a rare clean-capacity club.
In 2025, the world's largest polluter will have crossed an important energy transition threshold by installing more clean power generation capacity than fossil fuel generation capacity.
Sources say that Venezuela's PDVSA has expanded its oil fields to joint venture partners.
Three sources familiar with the matter have confirmed that PDVSA, Venezuela's state-run petroleum company, is in talks with its joint-venture partners to offer them expansions of?the oilfields assigned to their projects.
Trump ends US vehicle emission standards, revokes climate regulations
On Thursday, the administration of President Donald Trump announced that it had repealed a scientific conclusion that greenhouse gasses endanger human life and removed federal tailpipe emission standards for cars and trucks.
Sources say that Venezuela's PDVSA has expanded its oil fields to joint venture partners.
Three sources familiar with the matter said that the state-run PDVSA of Venezuela is currently in discussions with its joint venture partners including Chevron Repsol and Maurel & Prom…
France's new Energy Law slashes Renewable Targets, Eases Pressure on EDF
After years of debate, France has finally passed a new law on energy that reduces its "wind and solar" targets and removes the mandate for EDF (the state-owned firm) to shut down nuclear plants.
Minister: Warming weather helps reduce Ukraine's energy shortage
Denys Shmyhal, Ukraine's Energy Minister, said that the warming weather after the ice-breaking frosts in Ukraine has?significantly?reduced a power shortage caused by Russian attacks on?Ukrainian?power?grids.
Spanish grid blackout risks remain, Endesa CEO says
The widespread 'blackout' that affected Spain and Portugal last year could be repeated under similar circumstances, according to the CEO of Endesa, who blamed the Spanish grid operator REE, for the outage.
Data shows that Yamal LNG has resumed transhipments in the vicinity of Murmansk.
LSEG data showed on 'Thursday that Yamal LNG has resumed ship to ship?liquefied gas operations near a port in the Arctic called Murmansk. This could mean a possible resumption for the…