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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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Brent Crude Prices Rise as Trump Threatens to Attack Mine-Laying Ships in Hormuz
Brent crude futures climbed more than $1 a barrel on Thursday following U.S. President Donald Trump's threat to attack ships laying mines in the Strait of Hormuz, casting doubt on the survival of a ceasefire in the war with Iran.Brent crude futures were up $1.26, or 1.24%, to $103.17 a barrel at 9:19 a.m.
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Major Australian LNG plant to close after strike vote
The vote on whether or not workers at Inpex’s Ichthys facility in Australia strike over pay and conditions is set to close later this Friday.
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Brazil will begin testing diesel blends containing 20% biofuel by May
Renato Romio, the manager of the institute's vehicles division at the Maua Institute of Technology, announced on Thursday…
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Pluspetrol wants Argentina to support the $12 billion Vaca Muerta shale oil project
Pluspetrol, a subsidiary of Argentina's Pluspetrol, is looking to tap into President Javier Milei’s flagship investment.incentive…
Latest news
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US sets preliminary antidumping duty on solar imports of India, Indonesia and Laos
The U.S. Commerce Department announced preliminary antidumping duty on'solar panels and cells imported from India, Indonesia, and Laos.
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Freeport shares drop after warning that recovery at the Grasberg Mine will be slow following a deadly incident
Miner Freeport-McMoRan said on ?Thursday it expects a slower-than-anticipated recovery at ?its flagship Grasberg mine ?in…
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Russell: China's LNG imports are falling, which is helping Asia to adjust to the Iran war losses.
In April, Asia's LNG imports are expected to fall to their lowest level in six years as the Strait of Hormuz effectively closes.
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Azerbaijan’s state oil fund SOFAZ reduces gold share of portfolio to 35.6% during Q1
Azerbaijan’s sovereign oil fund SOFAZ has 'cut the share of gold in its investment portfolio from 38.2% to 35.6% in the first quarter of 2026…
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EU is not on track to meet 90% of gas storage requirements before winter
The European Energy Regulators' Agency ACER warned on Thursday that the Iran 'war' will disrupt global fuel markets and cause…
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NextEra tops profit estimates on strong power demand, renewables growth
NextEra Energy surpassed Wall Street's?estimates of first-quarter adjusted profits?on Thursday. This was due to strong electricity demand…
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BP fails in its attempts to obtain shareholder approval for two AGM Resolutions
BP announced that it failed to get a majority 'approval' from shareholders for two special resolutions presented at its annual…
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Palmetto falls as Dalian's palm oil softens, triggering profit-taking
After three consecutive sessions of gains, the Malaysian palm oil futures ended Thursday?lower, as Dalian's palm oil prices fell…
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Forbes reports that Russian billionaires have increased their wealth by 11% in a single year, despite the war and sanctions.
Forbes Russia reported that Russian billionaires have increased their wealth 11% to a record $696.5 Billion over the last 'year…
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Palm prices fall after Dalian prices soften and profit-taking occurs
The price of Malaysian palm oil futures dropped on Thursday as lower rival oil prices led to profit-taking. By midday, the…
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Russell: China's LNG imports are falling, which is helping Asia to adjust to the Iran war losses.
In April, Asia's LNG imports are expected to fall to their lowest level in nearly six years as the Strait of Hormuz effectively…
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The Iranian war has re-energized European demand for rooftop solar panels to reduce energy bills
Since the beginning of the Iran War, the demand for rooftop solar systems has risen across Europe as consumers rush to protect…
Shale Oil & Gas
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Russell: China's LNG imports are falling, which is helping Asia to adjust to the Iran war losses.
In April, Asia's LNG imports are expected to fall to their lowest level in nearly six years as the Strait of Hormuz effectively…
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Santos first-quarter revenue drops due to Barossa Outage and Cyclone Narelle
Santos, Australia's largest gas company, reported a dip in its first-quarter sales revenue on Thursday. The drop was caused…
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Golden Pass reports that the first LNG cargo has left Sabine Pass Terminal
Golden Pass LNG is a joint venture of QatarEnergy, Exxon Mobil and U.S. Oil Major Exxon Mobil. It announced on Wednesday…
LNG
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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
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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…
Renewables
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The Iranian war has re-energized European demand for rooftop solar panels to reduce energy bills
Since the beginning of the Iran War, the demand for rooftop solar systems has risen across Europe as consumers rush to protect…
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GE Vernova raises its annual revenue and profit margin forecasts for data centers
GE Vernova raised its 'annual forecasts of revenue & adjusted core profit margin on Wednesday, thanks to strong demand for…
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VEGOILS - Palm extends gains for highest closing in three weeks
Malaysian palm oils futures ended Wednesday at their highest price in nearly three weeks. This was largely due to stronger related oils…
