World Energy News

Dutch Grant Backs SolarDuck's Offshore Solar Power Hub Scheme

Offshore floating solar company SolarDuck and the Maritime Research Institute Netherlands (MARIN) have been awarded a $3.7 million (€3.2 million) subsidy from the Netherlands Enterprise Agency (RVO) to advance the development of an offshore floating platform designed to provide power…
India's summer crops planting is lagging after a slow monsoon.

Indian farmers are behind on planting summer crops such as 'rice, cotton, soybeans and corn, due to a'slow start of the monsoon, which has resulted in below-average rainfall. India exports about 40% of the world's rice. The farmers of India begin planting summer crops between June and July, when the monsoon arrives.
Golden Pass LNG is offline following a near-halt in gas intake according to LSEG data

Golden Pass LNG is a joint venture 'between QatarEnergy & ExxonMobil. It has taken little or no natural gas... over the.past.three.days. And it appears to be offline. Since March 30, the Texas-based export facility is commissioning its first of three LNG trains, with multiple start-and stop periods to test and fine-tune equipment.
Congo withdraws cobalt export quotas that are not being used

The strategic minerals regulator of the Democratic Republic of Congo announced that it would reassign unused cobalt quota rights to a state-controlled entity. This will tighten control over shipments coming from the top producer in world. In a Monday notice, ARECOMS stated that all…
US Natural Gas Prices Fall With Ample Supply Maintaining Pressure on Market

U.S. natural gas futures fell for a second straight session on Monday, as ample supplies kept pressure on the market despite forecasts for hotter weather in the coming weeks. On its first day as the front-month, gas futures for August delivery on the New York Mercantile Exchange fell 8.2 cents, or 2.5%, to $3.20 per million British thermal units.

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Shale Oil & Gas

Occidental CEO's new role tested by debt, lagging share price and large dividend payments to Berkshire

Richard Jackson, Occidental Petroleum CEO for less than a month, has been tasked with finding ways to boost a lagging share price and pay off more debt. Jackson could face a fundamental question in the long term: whether it should seek a buyer of its oil company, which has a market capitalization of $51 billion. Berkshire Hathaway already owns a third of the company. The preferred stake, which costs Occidental hundreds millions of dollars annually in dividends, is owned by Berkshire Hathaway.

LNG

EU Commission clarifies all Russian LNG trade is banned from 2027 for EU operators

EU-based companies will be prohibited from selling Russian liquefied natural gas next year, even if buyers are located outside the EU, according to a letter seen by Reuters on Thursday."The ban prohibits companies to trade/market Russian LNG to third countries as it is not relevant whether the Russian LNG is destined for the EU or not," said the letter dated June 1 from the office of EU Energy Commissioner Dan Jorgensen…

Renewables

VEGOILS - Palm extends its gain on the back of strong export data and Indonesia B50 support

Malaysian palm futures were up for the?second consecutive session on Monday, supported by cargo surveyors data that showed robust exports and Indonesia's mandatory blend of biodiesel. By midday, the benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange had gained 14 ringgit or 0.31% to 4,582 Ringgit ($1,128) per metric tonne. Paramalingam Supramaniam is the director of brokerage Pelindung Bestari.

Dutch Grant Backs SolarDuck's Offshore Solar Power Hub Scheme

India's summer crops planting is lagging after a slow monsoon.

Golden Pass LNG is offline following a near-halt in gas intake according to LSEG data

Congo withdraws cobalt export quotas that are not being used

US Natural Gas Prices Fall With Ample Supply Maintaining Pressure on Market

Zelenskiy, a Ukrainian politician, mocks Russian military efforts and says that Moscow rejects any peace proposals

Mexico's Sheinbaum promises no protection to the ex-Pemex boss after his wife posts an alleged abuse video

Sources: Oil rig explosion in Venezuela causes at least 17 injuries to workers

Latest news

Report: US wind and solar investments could be threatened by $121 billion of stalled permits.

Report: US wind and solar investments could be threatened by $121 billion in stalled permits

Mexico's Sheinbaum promises no protection to the ex-Pemex boss after his wife posts an alleged abuse video

Expana: EU heatwave could threaten oilseed outlook

Matador Resources JV increases Delaware Basin footprint by $752 Million Cardinal Deal

Palm climbs in second session due to strong exports and Indonesia biodiesel mandate

Projects are rushed as prices soar due to the Trump Clean Energy Tax Credit Cutoff

Germany warns that the EU methane law could disrupt jet fuel supply

Shale Oil & Gas

Occidental CEO's new role tested by debt, lagging share price and large dividend payments to Berkshire

Matador Resources JV increases Delaware Basin footprint by $752 Million Cardinal Deal

EUROPE GAS - European gas prices rise on Middle East insecurity

Australian energy firms increase their exploration

LNG

EU Commission clarifies all Russian LNG trade is banned from 2027 for EU operators

QatarEnergy Plans to Restart LNG Output

Sempra Begins LNG Production at Mexican Site

TotalEnergies Remains Silent as Russia Approves Sale of Arctic LNG 2 Stake

Renewables

VEGOILS - Palm extends its gain on the back of strong export data and Indonesia B50 support

Palm climbs in second session due to strong exports and Indonesia biodiesel mandate

Projects are rushed as prices soar due to the Trump Clean Energy Tax Credit Cutoff

Palm oil shows weekly loss as crude falls

U.S. Coast Guard National Maritime Center (NMC) - Mariner Training and Assessment Positions

Casual Vessel Master

Purser

Second Electrician

Engine Utilityman

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