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Energy Prices Jump After Iran Attacks Qatar LNG Plant
Energy prices surged on Thursday after Iran struck the world’s largest LNG complex, causing damage that Qatar said could take five years to repair…
China Calls for Gulf Conflict to End, Addressing Southeast Asia Energy Shortages
China called for an end to conflict in the Gulf and said the safety of waterways should not be disturbed on Thursday, adding…
Repsol, a Spanish oil company, increases payouts and targets for oil production but reduces investment
Spanish?energy group Repsol announced on Tuesday that it would give its shareholders between 30 and 40 percent of the cash…
Aramco warns of 'catastrophic' consequences for oil in the Strait of Hormuz if shipping is not resumed
Saudi Arabia's Aramco, the world's largest oil exporter, said on Tuesday there would be "catastrophic" consequences for the…
Aramco announces first buyback after announcing a drop in profit
Saudi Arabia's Aramco reported a 12% decline in annual profits due mainly to lower crude prices. However, it announced that…
In Brazil, biodiesel is cheaper than imported diesel amid debate about higher blend
A survey revealed on Monday that the 'cost of imported diesel has exceeded the price of biodiesel in Brazil. This is a 'rare situation…
LSEG data shows that Freeport LNG is on the way to resuming full production.
Freeport LNG in Texas will resume full production Monday after an outage Sunday, according to the company. Freeport LNG said…
Brazil's Ultrapar taps BTG for possible Ipiranga stake sale, Chevron interest reported
Two people familiar with this process said that Brazilian?conglomerate Ultrapar?has?tapped??investment banking BTG Pactual…
Iran War causes major disruptions in oil and gas
U.S. and Israeli war against Iran, and Tehran's attacks upon Gulf neighbours has caused oil and gas?exports to be disrupted and production stopped.
Palm oil prices surge as crude oil rises, boosting biodiesel prospects
Malaysian palm-oil futures jumped more than 9%, before paring gains on Monday. This was the largest jump in three years.
EUROPE GAS-European Gas Prices Rise Back to 2023 High as US-Iran Conflict Enters Second Week
LONDON, 9 March - Benchmark European Wholesale Gas rose again on Monday to its highest level for more than three years, tracking…
As oil prices rise, Indonesia could revive its B50 mix of biodiesel
Yuliot Tanjung, the deputy energy minister in Indonesia, said that the rising crude oil prices caused by the conflict in…