World Energy News

Slow Wind Conditions Curb Generation in Germany

Renewable energy accounted for 54.5% of Germany's power consumption in the first six months of the year, down 2.7 percentage points from a year earlier, as slow wind speeds curbed generation, data showed on Tuesday.Germany has boosted its green power capacity as it seeks to shift towards a low-carbon economy and hit a political goal for renewables
Venture Global proposes larger expansion at Plaquemines LNG facility, filing shows

Venture Global plans to expand the Plaquemines LNG Export Facility by 24,8 million metric tonnes per annum (mtpa), which is almost 6 mtpa higher than what it proposed four months ago. Venture Global, which is currently building the second largest LNG plant in the United States, has announced on March 6 plans to expand it by an initial 18,6 mtpa.
Britian Reforms Energy Scheme to Prioritize Renewables Projects

The British government on Tuesday made changes to its main scheme for promoting clean energy projects, extending contract lengths and changing how auction budgets are set in a bid to accelerate the roll-out of renewable energy.Offshore wind is at the heart of Britain's plans to decarbonise its electricity sector by 2030.
Venture Global Proposes Expansion at Plaquemines LNG Facility

Venture Global wants to expand its Plaquemines LNG export facility by 24.8 million metric tons per annum (mtpa), almost 6 mtpa more than it originally proposed just four months ago, according to a regulatory filing issued late on Monday.Venture Global is already constructing the United States' second-largest LNG plant in Plaquemines Parish…
The world's largest sugar producer shuts down a large Brazil plant in order to reduce debt

Raizen SA, world's biggest sugar producer, announced on Tuesday it would shut down one of its largest mills in Brazil for an indefinite time period, the Santa Elisa Mill, as part of the company's ongoing efforts to reduce a heavy debt burden. Raizen, controlled by Shell SA and Brazilian…

Latest news

Offshore Oil & Gas

Ecopetrol Purchases Enel Wind Power Project for $50m

Colombian state oil firm Ecopetrol said on Monday it has purchased a wind power project in the northern province of La Guajira from Enel for $50 million.The Windpeshi project will have a capacity of 205 megawatts (MW), which will be added to Ecopetrol Group's self-consumption energy portfolio, the company said in a statement."We have closed the transaction for around $50 million.

Shale Oil & Gas

China's coal production in the first half of this year is up 5%.

Data from the Statistics Bureau showed that China's coal production in the first half of the year increased 5% compared to the previous year. Authorities are focusing on ensuring a sufficient supply as buyers shift to domestic coal, which is cheaper, over imported coal. The first-half production in 2025 was 2.4 billion tonnes, and the production for June increased 3% over the previous year to 421 millions tons. China is importing more than it produces, and this has caused a surplus.

LNG

Venture Global Produces LNG from Phase 2 of Plaquemines Facility

Venture Global has started producing liquefied natural gas from Phase 2 of its Plaquemines export facility in Louisiana, according to two people familiar with its operations as well as LSEG ship tracking data and federal filings.In the last six months, the United States' second-largest LNG producer has exported LNG from Phase 1 of its Louisiana facility, and has now begun producing the superchilled gas from Phase 2…

Renewables

Palm exports fall by nearly 2% due to profit-taking

The price of palm oil in Malaysia fell by nearly 2% Tuesday, after two sessions of gains. Profit-taking and weaker data on exports weighed. The benchmark palm-oil contract for September delivery at Bursa Malaysia's Derivatives exchange lost 82 Ringgit or 1.94% to $4148 ringgit ($978.53), a metric tonne, at the close. A Kuala Lumpur-based broker said that the market was focused on profit-taking after Dalian palm oil became softer.

Technology

Legislation

TotalEnergies UK Assets to Be Bought by Prax Remain Unsold

The TotalEnergies West of Shetland offshore assets it agreed to sell to Prax Group last year remain under the French oil major's ownership, it said on Wednesday, so will not be subject to disposals resulting from liquidation proceedings affecting the British company."The transaction to sell our West of Shetland asset to Prax has not yet completed and as such we remain the operator of the Shetland Gas Plant and related fields…

Slow Wind Conditions Curb Generation in Germany

Venture Global proposes larger expansion at Plaquemines LNG facility, filing shows

Britian Reforms Energy Scheme to Prioritize Renewables Projects

Venture Global Proposes Expansion at Plaquemines LNG Facility

The world's largest sugar producer shuts down a large Brazil plant in order to reduce debt

China's naphtha imports will reach record levels in 2025 due to new plants and US trade concerns

BHP: It is too expensive to build an Australian green iron industry, as PM calls for China collaboration

Protest leader: Miners remove blockades from key copper route in Peru

Latest news

Britain accelerates clean energy projects through a new energy reform scheme

Blackstone's COO: Blackstone will invest $25 billion in Pennsylvania data centres and natural gas plants

Google signs $3 billion US Hydropower Deal in Largest Clean Energy Agreement

FTC: Ex-Pioneer Chief Executive Officer cannot appeal order barring from Exxon Board.

Sources say that Venture Global has begun producing LNG at the Plaquemines Phase 2 plant.

China's crude imports in June reached the highest daily rate of since August 2023

China's crude imports from June rose after Saudi Arabia and Iran imports increased.

Offshore Oil & Gas

Ecopetrol Purchases Enel Wind Power Project for $50m

Qatari Output at Gas Field Shared With Iran Is Steady

Orsted Favors Increasing Investments in Taiwan, South Korea

Shale Oil & Gas

China's coal production in the first half of this year is up 5%.

China's oil output surges in June as state-owned refining facilities ramp up their operations

Sources say that Venture Global has begun producing LNG at the Plaquemines Phase 2 plant.

China's crude imports in June reached the highest daily rate of since August 2023

LNG

Venture Global Produces LNG from Phase 2 of Plaquemines Facility

Equinor Extends Maintenance Outage at Hammerfest LNG Plant

Canada's New LNG Exports Have Yet to Lift Gas Prices

Venture Global to Supply Additional LNG to SEFE Energy From Calcasieu Pass 2

Renewables

Palm exports fall by nearly 2% due to profit-taking

Google signs $3 billion US Hydropower Deal in Largest Clean Energy Agreement

Germany's wind energy expansion is picking up but the targets are still not met, according to lobby

German prompt firms as French spot drops with increased nuclear supply

Technology

Legislation

TotalEnergies UK Assets to Be Bought by Prax Remain Unsold

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