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Ceres Power shares soar on China data centre power deal
Ceres Power soared by over 23% after its British developer of clean energy technology announced a deal with the largest Chinese…
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Vitol Delfin LNG, IRH and IRH Sign 20-Year LNG Supply Agreement
Vitol announced on Wednesday that International Resources Holdings (IRH) had signed a 20 year agreement with Delfin and Vitol…
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Targa Resources beats profit estimates on record Permian volumes, boosts dividend
Targa Resources, the pipeline operator, beat expectations for its third-quarter core profit adjusted on Wednesday. This was…
Latest news
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Chevron is nearing a final greenlight on the expansion of Israel's Leviathan Gas Field
Chevron said that it is close to making a final decision on a possible capacity expansion for the Leviathan field, located…
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Masdar, a UAE-based company, invests in Austria's biggest hydrogen project
Austrian news agency APA reported that Masdar, the state-owned energy firm of the United Arab Emirates, will invest in Austria’s…
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Market awaits MPOB data as VEGOILS - Palm ends at 17-week-low
Malaysian palm oils futures closed at their lowest level in seventeen weeks on Wednesday. The market was weighed down due…
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Prices for EUROPE Gas are down due to strong LNG flows and rising demand
The wholesale gas prices in the UK and Netherlands were lower on Wednesday morning, as steady LNG flows offset an increase…
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ADNOC Drilling continues to expand in the Gulf with a new acquisition
ADNOC Drilling announced on Wednesday that it will buy 80% of regional drilling and oilfield service provider MB Petroleum Services…
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Demand increases and spot prices increase sharply as renewables decline.
The price of European prompt electricity rose on Wednesday as the wind and solar energy generation declined while the colder weather pushed up demand.
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The major Gulf exchanges are tracking Asian shares lower due to valuation fears
The Gulf's major stock markets fell on Wednesday morning, following the Asian share market lower after a tech-led selloff…
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Orsted, the offshore wind group, has a net loss for Q3 after US troubles under Trump
Orsted, which is the largest offshore wind farm company in the world, reported a net loss for its third quarter of 1,70 billion…
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Market awaits MPOB data to see if VEGOILS Palm is moving higher
The price of Malaysian palm oils futures rose on Wednesday as the market awaited new monthly data. By midday, the benchmark…
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Vestas' operating profit for the third quarter of 2013 exceeds expectations
Vestas, a manufacturer of wind turbines, reported a third-quarter operating result above expectations on Tuesday. This was…
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Woodside Energy predicts that sales will increase by 50% by the year 2032
Meg O'Neill, CEO of Woodside Energy, said that the company expects to see its oil and gas sales increase by 50% in 2032,…
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Nvidia joins India Deep Tech Alliance, adding new members and $850 million pledge
Nvidia joined Indian and U.S. Investors in supporting the deep-tech startups of South Asia on Wednesday. The group has added new members…
Shale Oil & Gas
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How BP won a $1 billion plus case against Venture Global
Five sources familiar with the case said that BP's $1 billion arbitration win against liquefied gas producer Venture Global…
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Energean CEO: New $400 million Israel to Cyprus gas pipeline is awaiting approval from government
The head of Eastern Mediterranean gas producer Energean said on Tuesday that a $400 million pipeline will transport natural…
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BP profits beat expectations but there is no news about Castrol sale
Oil major BP announced a smaller-than-expected fall in its third quarter underlying profit Tuesday, as a good performance across all divisions…
LNG
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DESFA Secures €169.3m for Carbon Storage, Pipeline Project
Greek gas operator DESFA, 66%-owned by a consortium led by Italy's Snam, said on Monday it had secured 169.3 million euros from the European Union's I
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Second LNG Carrier Departs from Sanctioned Portovaya LNG Plant
A second gas carrier has departed from Russia's U.S.-sanctioned Portovaya LNG plant on the Baltic Sea after a hiatus, in search of a foreign buyer…
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Poland, US Look to Boosting US LNG to Central Europe
Top Polish and U.S. energy officials discussed a potential boost of supplies of U.S. liquefied natural gas (LNG) via Poland…
Renewables
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Nvidia joins India Deep Tech Alliance, adding new members and $850 million pledge
Nvidia joined Indian and U.S. Investors in supporting the deep-tech startups of South Asia on Wednesday. The group has added new members…
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Judge rules that Trump administration may reconsider SouthCoast wind approval
The U.S. District Court ruled Tuesday that the Interior Department of President Donald Trump may review the Biden Administration's…
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Judge rules that the former CFO of smart window maker View is subject to SEC charges
A federal judge has ruled that the former chief financial officer for View, who was accused of negligently allowing the manufacturer…




