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North American LNG Exporters Look to Double Capacity by 2029
Liquefied natural gas exporters in the U.S. have announced plans to more than double U.S. liquefaction capacity, adding an estimated 13.9 billion cubic feet per day (Bcf/d) by 2029, the U.S. Energy Information Administration said on Thursday.The EIA cited its Liquefaction Capacity File and trade press reports for the forecast…
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Venture Global's commissioning extension of Plaquemines LNG Plant has been approved by federal regulators
A regulatory filing revealed that federal regulators approved Venture Global's request for additional time to commission its Plaquemines LNG facility in Louisiana before declaring full commercial operations. Venture Global can sell the liquefied gas at higher prices on the spot market by extending the commissioning phase.
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Colombia wins offshore wind bid by CIP of Denmark
The head of Colombia's hydrocarbons agency announced on Thursday that a subsidiary from Denmark's Copenhagen Infrastructure Partners, CIP, had bid to develop a wind project for the first round of the South American nation's offshore energy auction. Orlando Velandia of Colombia's National Hydrocarbons Agency…
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NextDecade receives positive FID for Train 5 of the Rio Grande LNG Project in Texas
NextDecade, a U.S. producer of liquefied gas, announced on Thursday that it had made a final investment decision in favor of the fifth liquefaction train (also known as a liquefaction station) for its Rio Grande project. The company's shares rose by over 4% during extended trading…
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Renewing gas flows prevents a new energy crisis in rebel area of Moldova
The head of Moldova's largest energy firm said that gas will be re-routed to the separatist Transdniestria Region. This will prevent a repeat crisis of severe power and heat shortages in the region last January. This will allow the supply of hot water to resume and prepare for the start of winter heating season.
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Zelenskiy believes that peace in the Middle East can lead to peace in Russia
On Thursday, Volodymyr Zelenskiy, the Ukrainian president, said that the momentum of the Middle East Peace Process would…
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Senator: US energy prices will spike due to Trump's decision to cut grants
The Trump administration’s plans to cancel nearly eight billion dollars in Energy Department grants is illegal, because contracts were already signed.
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States sue Trump to stop cancellation of $7 Billion Solar Grant Program
According to court documents, nearly two dozen states have filed a lawsuit against the Trump administration for canceling…
Latest news
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EU rules to ban 'backdoor' Russian oil
A document published Thursday reveals that the European Union requires fuel importers to prove that their fuels were not made with Russian crude.
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The Colombian Sirius gas project is moving forward with consultations and nearing the contracting phase
Alcindo Moritz, Petrobras Colombia's chief, said that the project Sirius, which is being developed by Ecopetrol, a state oil company in Colombia…
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Portugal's proposal on grid returns for EDP still lags behind European peers
Portugal's energy market regulator ERSE announced on Thursday that it would increase the returns on the grid assets of EDP…
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States sue Trump to stop cancellation of $7 billion solar grant program
According to court documents, nearly two dozen states have filed a lawsuit against the Trump administration for canceling…
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Qatar's Energy Minister warns EU laws could prevent it from supplying LNG to Europe
Qatar won't be able do business with the EU, or even supply LNG to Europe to fill its energy gap if it doesn't make further…
Shale Oil & Gas
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Qatar's Energy Minister warns EU laws could prevent it from supplying LNG to Europe
Qatar won't be able do business with the EU, or even supply LNG to Europe to fill its energy gap if it doesn't make further…
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South Africa will lift the shale-gas moratorium in this month
The South African government will lift its long-standing ban on shale exploration once new regulations are published this month.
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Santos reduces 2025 production forecast on technical issue at Barossa Project
Santos Australia has lowered its output forecasts for the second time in this year after a technical problem delayed ramp-up at its Barossa project.
LNG
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Germany Sets New LNG Import Terminals into Operation
Germany is putting natural gas import terminals into operation as part of the country's efforts to replace piped Russian…
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Service Resumed at Berkshire Hathaway Energy Cove Point LNG Export Plant
U.S. energy firm Berkshire Hathaway Energy's Cove Point liquefied natural gas (LNG) export plant in Maryland returned to service on…
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ARM Energy to Invest $2.3b in Mustang Express Pipeline
ARM Energy Holdings said on Thursday it has reached a final investment decision on its $2.3 billion Mustang Express Pipeline project in Texas…
Renewables
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VEGOILS-Palm ends higher despite weak India demand, soyoil competition
Malaysian palm futures closed higher on Thursday, reversing previous losses despite a weaker demand from India and increasing…
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ASEAN adopts action plan for increasing renewable electricity to 45% share by 2030
As part of its efforts to transition to renewable energy, the Southeast Asian regional bloc ASEAN endorsed a plan that will…
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French spot slightly higher on small variations in demand and supply
The European wholesale electricity prices were virtually unchanged on Thursday, with French levels marginally higher and…