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Thailand Seeks LNG Supplies from Malaysia Due to Middle East Conflict
Thailand is actively seeking additional LNG supplies from Malaysia following disruptions caused by the ongoing Middle East conflict, Thai energy government officials said on Wednesday.Thailand would need to diversify some of its LNG supply away from the Middle East, estimated at roughly 5% to 10%, said Watcharin Boonyarit, the Energy Ministry's dep
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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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Can Big Tech survive the energy squeeze with profits that are 'AI-or-die'? McGeever
Last week, Kristalina Georgeeva, Managing Director of the International Monetary Fund, spoke to a panel during the IMF/World…
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Zambia's copper-smelters are planning extended shutdowns to squeeze output and chemical supply
Two?industry? sources said that two of Zambia's biggest copper smelters and sulphuric acids producers would?shut down for…
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China warns about tighter fuel and energy prices as El Nino is forecast to be moderate or stronger.
Meteorologists predict that China will have to burn fossil fuels more this year. They are predicting an El Nino weather event…
Latest news
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Spain has said it will actively participate in a potential EU jet-fuel sharing
Sara Aagesen, the Energy Minister of Spain, said that Spain would "actively" participate in any potential plan by the European…
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Copper Intelligence targets untapped copper deposits in eastern Congo
Copper Intelligence, the U.S.-based explorer, plans to'start drilling in four to six weeks, at what they 'believe is an unexplored copper district…
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PREVIEW: Tesla's energy storage unit will pick up the slack when car margins fall and credit fade
Tesla's solar business and energy will likely outshine its core business, which is struggling to keep up with the competition.
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Palm oil ends up higher than crude oil and competing edible oils
Malaysian palm futures closed higher Monday, 'following the strength of crude oil prices. Gains in rival edible oils prices…
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Tesla's energy-storage division will pick up the slack when car margins and credits decline
Tesla's solar business and energy division will likely outshine its core business, which is struggling to keep up with the competition.
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Singapore GasCo secures additional LNG cargoes and looks for term deals despite the war volatility
GasCo, Singapore's state-owned gas buyer, has purchased additional cargoes to offset the supply shortages caused by a U.S./Israel war against Iran.
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The price of gas in Europe is rising as the uncertainty surrounding the Hormuz Strait fuels volatility
Dutch and British Gas Contracts on Monday Morning rebounded from heavy losses experienced late on Friday amid mixed messages over the?U.S.
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Palm oil tracks crude oil, while rival edible oils are higher
Malaysian palm futures continued to?gain on Monday, following the strength in crude oil 'prices. Gains in rival edible oil…
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Algeria launches a round of oil and gas licenses to boost production
Algeria, a?OPEC gas-rich member, announced on Sunday that it had launched a?oil & gas licensing round for 2026, offering'seven exploration /blocks?
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Norway's sovereign fund supports BP chairman's reelection
The 'world's biggest' sovereign wealth fund of $2.2 trillion, Norway, announced on Saturday that it would vote for the reelection…
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Fervo Energy reports revenue growth in US IPO filing
Fervo Energy filed paperwork on Friday to?file for an initial public offering in the United States. The geothermal developer…
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France and other World Bank shareholders are seeking a solution to maintain climate strategy
Eleonore Caoit, France's development minister, said that World Bank shareholders were looking for a way to "keep alive" the…
Shale Oil & Gas
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Baker Hughes reports that US drillers have cut back on oil and gas drilling for the second consecutive week.
Baker Hughes, an energy services firm, said that U.S. firms have cut the number of oil and gas rigs for the second week in…
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Quotations-Reactions from industry leaders and businessmen to Iran's statement that Hormuz was open
Iran's Foreign Minister said that the?Strait of Hormuz is open to all commercial vessels after a ceasefire agreement was reached in Lebanon.
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Australia lifts fuel restrictions following fire at its largest refinery
The Australian Prime Minister Anthony Albanese stated 'on Friday that a fire in 'the larger of Australia's two oil refineries…
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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France and other World Bank shareholders are seeking a solution to maintain climate strategy
Eleonore Caoit, France's development minister, said that World Bank shareholders were looking for a way to "keep alive" the…
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Stephen Jen: The timing of the return of ROI-China could not be better.
China has finally turned the corner. China's economy has finally turned a corner, five years after Beijing started cracking…
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Palm prices flatten on fears of higher production and weaker demand
Malaysian palm futures were little changed on Thursday due to a subdued demand from India and China. There are also rising…
