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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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ROI-Spiking central bank dissent risks stoking volatility: McGeever
Central?bankers from Tokyo to Washington are increasingly divided about how to deal with the global energy crisis. Investors…
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Woodside struggles to sell LNG at Louisiana LNG plant according to sources
Two people familiar with the matter have told us that Woodside Energy, Australia's energy company, is having difficulty selling…
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First Solar's sales increase on the back of higher demand for solar panels
First Solar, the largest U.S. solar panel manufacturer, reported on Thursday higher quarterly sales that met Wall Street's expectations.
Latest news
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Mexico holds growth forecast despite recent slowdown, lifts inflation view
Mexico's Finance Ministry on Thursday maintained its?economic growth?forecast for 2026, despite preliminary data showing…
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Pemex's Q1 losses of $2.6 billion are not lifted by higher oil prices
Mexico's Pemex posted a quarterly loss of 45.99 billion pesos ($2.6 billion), as the state energy company did not profit…
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EIA reports that US crude oil production rose to a two-month high during February.
The U.S. Energy Information Administration reported on Thursday that U.S. crude oil production rose to 13,63 million barrels a day in February.
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After a slow year, the biodiesel sector is now facing record US biofuel goals.
This year, the U.S. Biodiesel Industry, which is still recovering from a difficult year, will find it hard to ramp up production…
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UN Climate chief: Iran war supercharges clean energy transition
U.N. Climate Secretary?Said Thursday that the Iran war has "supercharged" the global shift to'renewable energy' as countries…
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Officials say that the EU will remove leather from its anti-deforestation laws after pressure from industry.
EU officials have confirmed that the European Commission will exclude leather imports from its anti-deforestation laws. This…
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ROI-Spiking central bank dissent risks stoking volatility: McGeever
Central bankers from Washington to Tokyo are increasingly divided over how to deal with the global energy crisis. Investors should expect less unity…
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Sources say that Italy's Dolomiti Energia has selected Intesa and Goldman Sachs as the lead firms for a potential IPO.
Two sources with knowledge of the matter said that Dolomiti 'Energia, an Italian regional utility, has lined up banks to…
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DTE Energy's energy trading unit is losing money, and it missed the quarterly profit estimate.
DTE Energy, a utility in the Midwest of the United States, missed Wall Street's expectations for first-quarter profits on Thursday.
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ConocoPhillips predicts lower annual production
ConocoPhillips, an oil & gas producer, said on Thursday that it expected lower annual production and highlighted the 'impact'…
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VEGOILS - Palm oil reverses gains earlier and posts a week decline
Malaysian palm futures reversed earlier gains and fell Thursday, tracking weakness in crude oil and profit-taking?actions before a long weekend.
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What is the difference between a driller and a trader? Iran War exposes Big Oil’s transatlantic division: Bousso
The first-quarter profits of European oil majors were boosted by a bumper trading gain as the Iran Warupended supply chains.
Shale Oil & Gas
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What is the difference between a driller and a trader? Iran War exposes Big Oil’s transatlantic division: Bousso
The first-quarter profits of European oil majors were boosted by a bumper trading gain as the Iran Warupended supply chains.
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EUROPE GAS prices rise by two weeks on fears of prolonged Hormuz shutdown
Dutch and British wholesale gas prices continued to rise on Thursday, as the market anticipates that shipping restrictions…
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UK's SIG warns that first-half profits will fall as the construction slump continues
SIG, a British building material supplier, warned on Thursday of a "lower" first-half profit after announcing a 5% drop in…
LNG
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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 con
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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
Renewables
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Palm oil is on course for a second consecutive weekly gain
Malaysian palm futures continued to rise?on Friday, following the strength of crude oil prices. By midday, the benchmark…
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Chinese solar manufacturers report fresh losses despite optimism over Iran War-driven boost in overseas demand
A major Chinese solar manufacturer?said this week that the U.S./Israeli war 'in Iran' is boosting interest overseas?in renewable energies.
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EU approves more subsidies to firms affected by the price increases of fuel and fertiliser due to the Iran war
EU competition regulators announced on Wednesday that the European Union would allow governments to spend more on subsidising businesses?affected?
