World Energy News

Oil Prices Fall as Focus Shifts to Ukraine Peace Talks

Oil prices fell more than $1 on Thursday as investors shifted focus back to Russia-Ukraine peace talks and monitored potential fallout from a U.S. seizure of a sanctioned oil tanker off the coast of Venezuela.Brent crude futures were down $1.1, or 1.8%, at $61.11 a barrel at 1408 GMT, hovering near the lowest since Oct. 21.U.S.
Gascade Converts Pipelines for Alternative Marine Fuels

German gas grid operator Gascade on Thursday said it has converted a 400 km (249 miles) high-pressure pipeline to transport low-carbon hydrogen southwards from the Baltic Sea as part of a European core network to ship alternatives to fossil fuel.New hydrogen pipelines, or conversions of existing ones…
Congo pledges to maintain cobalt quotas, as exports return 'within a few days'

After a month-long ban on exports, the Democratic Republic of Congo introduced quotas to limit oversupply, stabilize prices, and curb oversupply. The exports halted as companies waited to be sure of compliance. Congo's Chambers of Mines?said that in a letter sent to the Ministry of Mines, it sought to speak with regulator ARECOMS about?delays?
Fridson: Wall Street's 'beats'are more show and less science

Investors are preoccupied by the question of whether or not companies beat their "Street Estimates" each quarter. But perhaps the whole concept of "beats", should be debated. Consider a recent example. The Fly, a financial news publication, reported on November 5 that USA Compression…
Australia announces rescue bid for Rio Tinto Tomago Aluminium Smelter

The Prime Minister Anthony Albanese, announced on Friday that a "rescue" effort would be launched to keep Australia's biggest aluminium smelter open, the struggling Tomago plant majority owned by Rio Tinto after its current energy contract expires 2028. The announcement comes after…

Latest news

Shale Oil & Gas

Bousso: ROI-Permian will retain US oil crown after peaking even though it has reached its peak

The Permian Basin is set to reach its peak oil production in December. This will be a turning point for the U.S. Shale Boom that has reshaped the global energy markets over the last 15 years. But drilling innovations will ensure that the output of America's most prolific patch of oil will remain stable for many years. In its latest Short-Term Energy Outlook, the U.S. Energy Information Administration reported that the Permian Basin…

LNG

Gazprom Delivers First LNG Cargo to China Post Sanctions

Russian energy giant Gazprom has delivered a liquefied natural gas cargo from Portovaya LNG plant to China, in the first such shipment since the United States introduced sanctions against the project in January, LSEG data showed on Monday.Gas carrier Valera, formerly known as Velikiy Novgorod, brought the cargo from the Baltic Sea's plant to the Beihai LNG terminal, LSEG ship-tracking data showed.Russia's…

Renewables

Sembcorp, the Singaporean energy giant, has taken over Alinta Energy for $4.3 billion.

Sembcorp Industries announced on Thursday that its unit would?acquire?Alinta Energy at a cost of A$6.5 billion (4.32 billion dollars), making it one of the biggest overseas expansions in the history for the Singaporean firm. Alinta Energy was acquired by Chow Tai Fook Enterprises. The energy company now controls one of Australia’s largest integrated gas and power retailers with 1.1 million customers, and 3.4 gigawatts in energy generation capacity, including gas, coal, and solar.

Oil Prices Fall as Focus Shifts to Ukraine Peace Talks

Gascade Converts Pipelines for Alternative Marine Fuels

Congo pledges to maintain cobalt quotas, as exports return 'within a few days'

Fridson: Wall Street's 'beats'are more show and less science

Australia announces rescue bid for Rio Tinto Tomago Aluminium Smelter

Prices to rise on Monday due to wind power

Harbour Energy acquires North Sea assets worth $170 million; shares increase 6%

Palm drops due to ringgit strength and is on track for a weekly loss

Latest news

FTSE 100 gains following Fed's softer tones; eye on GDP data

Carnelian, a buyout firm, raises eyebrows by trying to sell multiple assets in the energy sector.

Italy awards solar power in the first "Not made in China" auction

Senegal retracts minister's comments on nationalisation of gas fields as the end of licence nears

OPEC data show that Russian oil production increased in November.

Palm oil vegoils a little higher than Dalian soyoil

Palm catches up with Dalian rivals, strengthening ringgit caps the advance

EUROPE GAS-European prices extend decline as milder weather softens demand

Shale Oil & Gas

Bousso: ROI-Permian will retain US oil crown after peaking even though it has reached its peak

OPEC data show that Russian oil production increased in November.

State researcher: China's oil demand will plateau in 2030.

Russia expects oil refining in 2025 to be flat with 2024

LNG

Gazprom Delivers First LNG Cargo to China Post Sanctions

US LNG Exports Hit Record High in November on Cooler Weather

Saudi Aramco to Sign US LNG Supply Agreements

Canada Names Ksi Lisims LNG Project for Fast-Tracking

Renewables

Sembcorp, the Singaporean energy giant, has taken over Alinta Energy for $4.3 billion.

Palm oil vegoils a little higher than Dalian soyoil

Spot prices rise on lower wind output

Palm catches up with Dalian rivals, strengthening ringgit caps the advance

Chief Electrician

Able Seaman (W)

Medical Services Officer

Third Officer - Mixed Work Schedule

Second Officer