World Energy News

Electricity Needs for AI, Data Centers May Turn LNG Glut into Gap by 2030

Growing electricity demand from AI and data centres, together with rising fuel use in Asia and European gas needs could turn an expected global liquefied natural gas supply glut into a shortage by 2030, Qatar Energy CEO Saad al-Kaabi said on Monday.LNG coming online between 2026 and…
QatarEnergy Secures LNG Supply Deal with Jera as Demand Surges

QatarEnergy, one of the world's biggest LNG suppliers, signed a deal on Tuesday with Japan's top power generator Jera to supply 3 million tons of LNG annually for 27 years from 2028, further strengthening Qatar's position in the Japanese market.The agreement, made on the sidelines of the LNG2026 conference in Doha…
Norway Socialist Party Withdraws Support for LNG Electricity Project Opposition

Norway's Socialist Party has withdrawn its support for a proposal to block Equinor's Hammerfest liquefied natural gas plant from receiving a planned onshore power connection, clearing the way for the grid development to proceed.Parliament is due on Thursday to vote on an opposition proposal seeking to revoke the LNG plant's planned link to the powe
Norway Parliament Rejects Challenge to LNG Plant's Power Supply Plan

Norway's parliament on Thursday rejected a proposal to block Equinor's plan to supply electricity to its Hammerfest liquefied natural gas (LNG) plant from the region's power grid, allowing the ongoing development to continue.Opposition parties had sought to revoke the LNG plant's planned link to the power grid, but the motion failed when the Social
Trinidad's Atlantic LNG Shuts Down Train 4 for Maintenance

Trinidad and Tobago's flagship Atlantic LNG plans to shut its 6 million metric ton per annum Train 4 for up to 50 days in May and June for extensive maintenance and repairs, three people with knowledge of the plan told Reuters.Atlantic LNG is majority owned by Shell and BP - each with a 45% stake - while Trinidad's National Gas Company holds 10%.

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Shale Oil & Gas

Vitol CEO: Oil supply is squeezed by geopolitical factors

Vitol CEO Russell Hardy stated on Thursday that the global oil market has tightened despite predictions of an 'oversupply'. U.S. sanctions have limited the?outlets? for Russian and Iranian oil, which is causing a?increase in demand for oil from alternative sources. Due to sanctions, Russia and Iran have become increasingly dependent on China. India has agreed to stop buying Russian oil under the pressure of U.S. president Donald Trump.

LNG

Trinidad's Atlantic LNG Shuts Down Train 4 for Maintenance

Trinidad and Tobago's flagship Atlantic LNG plans to shut its 6 million metric ton per annum Train 4 for up to 50 days in May and June for extensive maintenance and repairs, three people with knowledge of the plan told Reuters.Atlantic LNG is majority owned by Shell and BP - each with a 45% stake - while Trinidad's National Gas Company holds 10%. The facility accounted for roughly 15% of BP's total global LNG production and 10% of Shell's LNG output in 2025…

Renewables

Palm prices fall on firmer Ringgit and weaker Dalian Market

Malaysian palm futures fell for a third time on Thursday as a'slightly stronger ringgit' added to losses in the Dalian market and the absence of positive signals from an important'market conference. The benchmark April palm oil contract on the Bursa Derivatives exchange fell 24 ringgit (0.59%) to 4,037 Ringgit ($1,035.39) per metric ton. The firmer ringgit is continuing to impact export competitiveness, and dampen buying interest.

Electricity Needs for AI, Data Centers May Turn LNG Glut into Gap by 2030

QatarEnergy Secures LNG Supply Deal with Jera as Demand Surges

Norway Socialist Party Withdraws Support for LNG Electricity Project Opposition

Norway Parliament Rejects Challenge to LNG Plant's Power Supply Plan

Trinidad's Atlantic LNG Shuts Down Train 4 for Maintenance

Maguire: Maguire, China's renewables boom has boosted it to a rare clean-capacity club.

Palm drops on Dalian's weakening, and is set to fall for a second week.

Sources say that Venezuela's PDVSA has expanded its oil fields to joint venture partners.

Latest news

Iberdrola denies grid operator's claim its solar plant caused blackout

Trump ends US vehicle emission standards, revokes climate regulations

Sources say that Venezuela's PDVSA has expanded its oil fields to joint venture partners.

EU's von der Leyen defends carbon market after leaders' criticism

Draft document reveals EU plans to boost investment in energy infrastructure

France's new Energy Law slashes Renewable Targets, Eases Pressure on EDF

Minister: Warming weather helps reduce Ukraine's energy shortage

Spanish grid blackout risks remain, Endesa CEO says

Can Africa win the mineral race between China and the West? Russell

Vitol CEO: Oil supply is squeezed by geopolitical factors

Data shows that Yamal LNG has resumed transhipments in the vicinity of Murmansk.

YPF's XRG and ADNOC XRG sign agreement to advance Argentina LNG Project

Shale Oil & Gas

Vitol CEO: Oil supply is squeezed by geopolitical factors

Data shows that Yamal LNG has resumed transhipments in the vicinity of Murmansk.

YPF's XRG and ADNOC XRG sign agreement to advance Argentina LNG Project

ARKO Petroleum raises 200 million dollars in an upsized US IPO

LNG

Trinidad's Atlantic LNG Shuts Down Train 4 for Maintenance

Norway Parliament Rejects Challenge to LNG Plant's Power Supply Plan

Norway Socialist Party Withdraws Support for LNG Electricity Project Opposition

QatarEnergy Secures LNG Supply Deal with Jera as Demand Surges

Renewables

Palm prices fall on firmer Ringgit and weaker Dalian Market

Carbon weighs down on prices for the front year but spot prices are up because of less wind

Palm futures in Dalian are weaker due to a stronger ringgit and a lower palm oil price.

Can Africa win the mineral race between China and the West? Russell

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