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Saipem awarded $425 million contract to develop Turkey's largest offshore gas field
Italian engineering group Saipem won a $425-million contract to continue the development of Turkey’s largest offshore natural gas field. The contract, awarded by Turkish Petroleum OTC covers the third phase in a project for the development of the Sakarya Field, with a focus on the construction three additional?pipelines…
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What just happened? Ten charts that will help you understand the market in 2025
The past year will not be forgotten soon. The conventional wisdom about investor behavior and economics was often challenged in 2025 as technology, energy, and geopolitics influenced markets in unexpected ways. Here are ten charts that explain what happened in the year 2025, and what this might mean for 2019.
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US Natural Gas Falls Over 5% Ahead of Above Normal Temperatures
U.S. natural gas futures fell over 5% on Tuesday, pressured by forecasts of above normal temperatures next week, though the market was set for a second consecutive yearly gain led by record gas flows to liquefied natural gas export plants. Front-month gas futures for February delivery on the New York Mercantile Exchange traded 20.3 cents lower…
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Congo will allow the execution of cobalt quotas until March 31, 2025
Mining regulators in the Democratic Republic of Congo have said that the country will allow cobalt shipment under the quotas for the 'last three months of 2020 to be made until the end of March. This is because the preparations for the new quota system take a long time. Analysts estimate…
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Palm oil exports disappoint, and the start of 2026 is a weak one for palm oil. Production will be the focus.
Malaysian palm futures opened lower Friday, their first trading session in 2026. Traders digested sluggish data from cargo surveyors and awaited the December production figures to provide further price guidance. By midday, the benchmark March palm oil contract on Bursa Derivatives Exchange had fallen 1.19% to 4002 Ringgit ($986.93), a metric ton.
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Orsted contests US stoppage of its $5 Billion offshore wind project
Orsted, a Danish company, said it would seek an injunction to stop its $5 billion offshore wind project after the U.S. government…
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Local officials claim that Ukrainian drones have hit targets in three Russian regions.
Local officials reported that Ukrainian drones had struck energy and industrial targets in the Russian regions of Krasnodar…
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Wall Street's final session of the year is lower than usual, but it will end 2025 with a big annual gain
Wall Street's major indexes finished lower in the last trading session of 2025 but still racked up big gains for the year…
Latest news
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The Dutch benchmark is expected to finish the year 40% lower than last year's price.
The Dutch and British gas wholesale prices were not much changed on Wednesday morning as wind power output curbed gas plant demand.
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UK-based Harbour Energy is named as the operator of Mexico's Zama Oilfield
Harbour Energy, a British company focusing on the North Sea, announced Wednesday that it had been named the operator of the…
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New York Times Business News - December 31,
These are the most popular stories from the New York Times business pages. These'stories' have not been verified and we cannot…
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Palm oil to end with a nearly 9% decline by 2025
Malaysian palm futures ended lower on Wednesday, as participants in the market booked profits before?the New Year holidays.
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What just happened? Ten charts that will help you understand the market in 2025
The past year will not be forgotten soon. The conventional wisdom about investor behavior and economics was often challenged in 2025 as technology…
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Palm oil futures are falling, and will likely lose money annually in 2025
Malaysian palm futures dropped on Wednesday, and are headed to a loss by 2025 - a volatile year plagued by geopolitical uncertainty and tariffs.
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Russell: Commodities battered by Trump's whirlwind will find relief in 2026.
The whirlwind tariffs and policies of U.S. president Donald Trump will continue to impact commodities for some time. While…
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French electricity prices drop as wind power increases
On Monday morning, the French spot day-ahead power price fell on expectations of increased wind power production. In Germany…
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EUROPE GAS: Cold spell pushes Dutch benchmark contract up by one month
Dutch and British gas rates rose on Monday, the European benchmark contract reaching a one-month high after the holidays…
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London's FTSE 100 ends lower in a shortened Christmas Eve Session
Investors trimmed positions in pharma giants AstraZeneca & GSK in a shortened Christmas Eve session. The UK's blue chip FTSE…
Shale Oil & Gas
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EUROPE GAS: Cold spell pushes Dutch benchmark contract up by one month
Dutch and British gas rates rose on Monday, the European benchmark contract reaching a one-month high after the holidays…
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Ministry says that the technical problem at Iraq's Khor Mor Gas Field is causing a drop in power supply to Kurdistan.
The Kurdish Ministry of Electricity announced on Thursday that the electricity supply in Kurdistan had dropped by 1,000 megawatts…
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London's FTSE 100 ends lower in a shortened Christmas Eve Session
Investors trimmed positions in pharma giants AstraZeneca & GSK in a shortened Christmas Eve session. The UK's blue chip FTSE…
LNG
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Asia Spot LNG Prices Rise with South Korean Demand
Asian spot liquefied natural gas prices edged up this week as forecasts for colder weather boosted demand in South Korea…
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US Natural Gas Futures Rise Alongside LNG Export Demand
U.S. natural gas futures rose 4% on Tuesday, boosted by record gas flows to liquefied natural gas export plants and forecasts…
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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…
Renewables
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What just happened? Ten charts that will help you understand the market in 2025
The past year will not be forgotten soon. The conventional wisdom about investor behavior and economics was often challenged in 2025 as technology…
-
Palm oil futures are falling, and will likely lose money annually in 2025
Malaysian palm futures dropped on Wednesday, and are headed to a loss by 2025 - a volatile year plagued by geopolitical uncertainty and tariffs.
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Russell: Commodities battered by Trump's whirlwind will find relief in 2026.
The whirlwind tariffs and policies of U.S. president Donald Trump will continue to impact commodities for some time. While…