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SEFE, Ksi Lisims LNG Agree on long-Term LNG Supply
German state-owned gas importer SEFE said on Wednesday it agreed to purchase 1 million tonnes of liquefied natural gas per year from Canada's Ksi Lisims LNG to diversify supplies amid unsteady global energy markets.Under a memorandum of understanding signed on Wednesday, deliveries are set to begin in the early 2030s for up to 20 years…
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TotalEnergies Remains Silent as Russia Approves Sale of Arctic LNG 2 Stake
Russian President Vladimir Putin has approved the sale of a 10% stake in the sanctioned Arctic LNG 2 project held by France's TotalEnergies to a company called Nordline LLC, according to a decree published on Wednesday.TotalEnergies declined to comment and has not issued any statement on a sale…
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VEGOILS - Palm extends its losses but still manages to post a third weekly gain
Malaysian palm oils futures continued to lose a lot of money 'on Friday. They were weighed down by Dalian oil, which was weaker, and the new export system in Indonesia. However, they still managed to make a 'third consecutive weekly gain. The benchmark palm oil contract on Bursa Malaysia's…
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Sempra Begins LNG Production at Mexican Site
Sempra Infrastructure, a subsidiary of U.S. electric and gas utility Sempra, said its ECA LNG Phase 1 project has begun producing liquefied natural gas as part of commissioning activities ahead of full commercial operations.The facility will supply U.S.
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Baker Hughes reports that US energy companies have added rigs to their fleets for the seventh consecutive week.
Baker Hughes, a leading energy services firm, said in its closely watched report published on Friday that U.S. firms added rigs this week for the seventh week 'in a row' for the first since May 202. The number of oil and gas rigs, a good indicator of future production, increased by one in the week ending June 5.
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What are the issues that Iran and the US need to resolve before they can reach a peace agreement?
Here are the key issues that the United States and Iran face as they try to reach a deal in order to end their war which…
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Trump Administration to auction off oil drilling rights in Alaska Wildlife Refuge
The Trump Administration will sell oil and gas leases in Alaska's Arctic National Wildlife Refuge on Friday. This is a "remote…
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Palm oil slips as Dalian oils and Indonesian export worries weigh.
Malaysian palm oil futures fell for the second session in a row?on Friday. Pressured by Dalian oils' weakening and worries?over…
Latest news
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French and Benelux stocks: Factors to watch on June 5
Here are some company news and stories that could have an impact on the?markets of the region or specific?stocks. French…
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Minister says that the new US tariff exemptions will stimulate growth in Indonesia.
Indonesia's chief economist said on Friday that a 10% additional 'duty' imposed by the United States could stimulate economic growth…
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Dajin Heavy, a Chinese wind equipment manufacturer, makes its Hong Kong debut
After a share sale of up to HK$6.64billion ($847.57 mln), Dajin Heavy Industry, a Chinese wind-power equipment manufacturer…
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Norway oil companies and unions reach wage agreement, averting a strike
Negotiators from both sides said that the Norwegian oil companies had agreed to a wage deal with three unions. This agreement…
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China's major solar companies are focusing on batteries to boost panel sales as they falter
China's largest solar panel manufacturers are increasing exports of higher-margin batteries to boost revenues as the growth in PV sales slows.
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Putin's envoy: Russia-US talks about energy and economy will continue
Dmitriev claims to have spoken with US counterparts June 3. * US says it understands that extending sanctions waivers for…
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Experts say that green jobs cannot solve South African unemployment.
According to the most recent government statistics, nearly one in three South Africans is unemployed. Experts say that the…
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Mercuria to acquire Argentina downstream business from Raizen for $1.42 Billion
Brazilian sugar and ethanol producer Raizen announced on Thursday that its'subsidiary Raizen Energia' had 'agreed? to sell…
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Palm oil falls over 1% due to weak demand and soft crude oil
Malaysian palm futures closed'more than 1% lower' on Thursday. This reversed gains made in the previous session. At the close…
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The US Senate is set to vote on the nationwide expansion of E15 gas sales
Supporters of a long-stalled effort to expand nationwide the sale of higher-ethanol E15 gas are following an uphill campaign…
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Chinese battery manufacturer CATL anticipates that energy storage will make up half the global sales by 2030
CATL in China, the?largest battery manufacturer in the world, is expecting energy storage to account for 50% of its global sales…
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TotalEnergies is silent about the Russian decision approving the sale of Arctic LNG 2 stake
According to a Wednesday decree, Russian President Vladimir Putin approved the sale by TotalEnergies of a 10% share in the…
Shale Oil & Gas
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Uniper executive: LNG prices may rise significantly in a volatile market.
John Roper, Uniper's Middle East chief executive, stated on Wednesday that if the supply disruptions and hot weather in Asia…
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Data shows that Russia's oil-and-gas revenue rose 32% year/year to $9.26 Billion in May.
The Finance Ministry reported on Wednesday that the oil price rally in the Middle East fueled a 32.4% increase in Russia's…
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EUROPE GAS - Price rises as Iran War hostilities flare up, LNG supply is tightened
Dutch and British wholesale natural gas contracts increased?on Wednesday morning? as new strikes in the Gulf clouded the outlook for a peace deal…
LNG
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SEFE, Ksi Lisims LNG Agree on long-Term LNG Supply
German state-owned gas importer SEFE said on Wednesday it agreed to purchase 1 million tonnes of liquefied natural gas per…
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Revenue for Russian LNG Exports Decreases as Shift to Asia Doubles Costs
Russia's diversification of its liquefied natural gas exports to Asia after the loss of the European market will cut its…
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Qatari LNG Tanker Headed for Pakistan Successfully Crosses Strait of Hormuz
A second Qatari liquefied natural gas tanker successfully went through the Strait of Hormuz on Tuesday, days after the first…
Renewables
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Mercuria to acquire Argentina downstream business from Raizen for $1.42 Billion
Brazilian sugar and ethanol producer Raizen announced on Thursday that its'subsidiary Raizen Energia' had 'agreed? to sell…
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Palm oil falls over 1% due to weak demand and soft crude oil
Malaysian palm futures closed'more than 1% lower' on Thursday. This reversed gains made in the previous session. At the close…
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The US Senate is set to vote on the nationwide expansion of E15 gas sales
Supporters of a long-stalled effort to expand nationwide the sale of higher-ethanol E15 gas are following an uphill campaign…
