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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 LNG tankers from the United States will help Italy plug…
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Novatek Establishes Company to Build Vessels, Floating Facilities Amid Global Tanker Shortage
Russia's largest producer of liquefied natural gas Novatek has set up a company to build its own vessels and floating facilities, according to the state's registry of authorised companies, amid a shortage of gas tankers due to sanctions.Ilya Lushchikov, who is also head of Novatek's Murmansk LNG project, is in charge of the new company, called Seve
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QatarEnergy Prepares to Restart LNG Production
QatarEnergy is preparing to restart liquefied natural gas (LNG) production, two sources with knowledge of the matter told Reuters on Wednesday.In March, QatarEnergy halted production of LNG and associated products due to military attacks on facilities in Ras Laffan and Mesaieed.The…
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Middle East Conflict Restricts Supply for European LNG Stock Refill
The escalating conflict in the Middle East due to the U.S.-Israeli war with Iran is tightening global liquefied natural gas (LNG) availability and constraining Europe's ability to refill storages which depleted to their lowest since 2022 over the summer, the European Network of Transmission System Operators for Gas (Entsog) said on Thursday.The con
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Rio Grande Requests Extension to Build Texas Export Facilities
Rio Grande LNG has sought a three-year extension from the U.S. Federal Energy Regulatory Commission to construct an export facility in Texas, according to a filing.The company requires the time to build certain project facilities and make the liquefied natural gas export plant at the Port of Brownsville available for service by November 2031…
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Camuzzi, Vitol sign MoU for Argentina's $3.9 billion LNG del Plata project
Camuzzi Gas Inversora signed a Memorandum of Understanding with?Vitol for Argentina's LNG Del?Plata Project, the?Argentine?firm announced?on?Monday.
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TSX falls as US-Iran negotiations weigh; ARC Resources soars
Canada's main index of stocks edged down on 'Monday' as a lack of progress in U.S. - Iran peace 'talks dampened 'risk appetite'.
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Ecopetrol, Colombia's largest oil company, saw profits of up 3 trillion pesos during the first quarter.
Ecopetrol, the state-owned energy company in Colombia, estimates a first-quarter net profit between $563.1 and $844.7 millions…
Latest news
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Hungary's MOL confirms that talks about the acquisition of NIS are 'ongoing.'
Hungarian oil company?MOL announced on Monday that talks are underway about the purchase of a Russian stake in Serbian oil group NIS…
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As the Iran War drives up prices, nations meet to discuss fossil-fuel exit.
This week, around 60 countries, including Brazil and Germany, Canada and Nigeria, will meet to discuss the phasing-out of fossil fuels.
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Shell buys Canada's ARC for $16.4 billion in a deal that boosts output
?Shell agreed to purchase Canadian 'energy company ARC Resources, in a deal worth?at least $16.4 bn, including debt. The…
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Merz, a German journalist, says Iran humiliates the US when talks stagnate
In an abrupt and unusual rebuke of the conflict, German Chancellor Friedrich Merz stated on Monday that?Iran?s?leadership…
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Palm prices fall on weak demand and rising production
Malaysian palm futures fell more than 1% Monday due to a sluggish market demand. At the close, the benchmark 'palm oil contract'…
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As contracts are re-examined, companies dust off oil rigs that have been stored in Venezuela
Four sources said that oilfield service companies have started removing equipment and rigs from Venezuelan warehouses to be assembled and repaired.
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Congo secures mining sites with $100 million US-backed guard
The mines inspectorate of the Democratic Republic of Congo announced on Monday that it had set up a paramilitary mining guard…
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Galp CEO is excited about 2026, as Brazil's oil prices will insulate the company from Gulf.
Galp, the Portuguese oil company, was optimistic about its performance in 2026 on Monday after it reported a 41% increase…
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Galp core profits jump 41% due to higher production and crude prices
Galp Energia, a Portuguese company, reported a '41% increase in its first-quarter adjusted core profits on Monday. This was…
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JERA Japan secures enough LNG through July, despite the Iran crisis
JERA, Japan’s largest power generator, said it had enough liquefied natural gas inventories to cover Middle East disruptions due to the U.S.
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Palm prices slip on weak demand and rising production
Malaysian palm oil futures fell on Monday as prices were pressured by a sluggish demand from major markets and a rising production.
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Origin Energy's APLNG revenues in the third quarter of 2018 are down on lower production and realised prices
Origin Energy, Australia's largest energy company, reported on Monday a 9% drop in revenue from its Australia -Pacific LNG project (APLNG)…
Shale Oil & Gas
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JERA Japan secures enough LNG through July, despite the Iran crisis
JERA, Japan’s largest power generator, said it had enough liquefied natural gas inventories to cover Middle East disruptions due to the U.S.
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Origin Energy's APLNG revenues in the third quarter of 2018 are down on lower production and realised prices
Origin Energy, Australia's largest energy company, reported on Monday a 9% drop in revenue from its Australia -Pacific LNG project (APLNG)…
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SLB and Baker Hughes expect oil exploration expenditure to rise as the Iran war disrupts supplies
SLB and Baker Hughes, two of the top oilfield service companies, said Friday that they expected to spend more on oil exploration…
LNG
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QatarEnergy Prepares to Restart LNG Production
QatarEnergy is preparing to restart liquefied natural gas (LNG) production, two sources with knowledge of the matter told…
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Novatek Establishes Company to Build Vessels, Floating Facilities Amid Global Tanker Shortage
Russia's largest producer of liquefied natural gas Novatek has set up a company to build its own vessels and floating facilities, according to the sta
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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…
Renewables
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Itau BBA targets 10% growth in Brazil's agribusiness as Iran war increases costs and biofuel demand
Itau BBA's agribusiness manager Pedro Fernandes said that the Iran War will increase fuel and fertilizer prices, while also…
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Evogene's Casterra unit eyes castor crop growth in Brazil
Ofer Haviv, CEO and chairman of Israeli company 'Casterra,' said that the company wants to work with Brazilian farmers in…
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The Monday spot price is boosted by the plummeting wind supply
The German Monday baseload contract increased as the German wind supply was expected to drop by more than 80% compared to Friday's levels.
