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Victoria Launches First Australian Offshore Wind Auction
The government of Australia's Victoria state has opened a bidding process for its first 2 GW of offshore wind capacity, marking the launch of the country's first offshore wind auction.Energy and Resources Minister Jaclyn Symes opened the Request for Proposal process on August 26, with projects to be assessed on value for money…
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Sources say that Chevron, KEO, ENI, and Primavera will sign energy agreements in Venezuela very soon.
Two sources close to the preparations say that oil?producers Chevron & ENI, as well as investors KEO Capital and Primavera will sign energy 'agreements' in Venezuela by Wednesday. The majority of these pacts are project expansions which have been in negotiations with Venezuela's Oil…
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Official: There is a good chance that the trapped workers in Nepal's hydropower plant are still alive
A Nepal Electricity Authority official stated on Wednesday that there is a high chance of finding dozens alive after being trapped for a week in an underground chamber. Amhsu Kiran Shahi is a member of the board of the Nepal Electricity Authority. Nepali authorities have so far rescued…
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Norway seizes Russian ship over Naftogaz award
Norway announced on Wednesday that it had taken a Russian vessel at the request from Ukrainian state-owned Naftogaz to ensure the Russian Federation met its obligations.Since 2016, the Ukrainian company has taken legal action against Russia to seek compensation for Moscow expropriating…
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Shell Acquires Stake in BP's Conifer Prospect in the Gulf of Mexico
Shell Offshore, a subsidiary of British oil and gas major Shell SHEL.L, said on Wednesday it would acquire a 30% stake in the BP-operated Conifer exploration prospect in the Gulf of Mexico.Shell and BP are prioritizing long-term growth in their oil and gas portfolios after years of…
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EIA reports that US crude oil production and petroleum demand increased in June.
The U.S. Energy Information Administration (EIA), in its Petroleum Supply Monthly Report, published on Tuesday, said that U.S.
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Norway seizes Russian vessel over Naftogaz Award, says the company
Norwegian authorities have taken possession of a Russian vessel on the request of Ukrainian Naftogaz to ensure that Russia meets its obligations.
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Thailand invests in rooftop solar to protect against LNG price shocks
Akanat PROMPHAN, Thailand's Energy Minister, said that the country will assist 1 million households in installing 5 gigawatts…
Latest news
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Chevron doubles production in five years with $7 billion investment plan.
Chevron plans to invest a total of more than $7 billion in order to double the crude oil production from Venezuela, to 600…
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Minister: Thailand supports rooftop solar to protect against LNG price spikes
Akanat Promphan, Thailand's Energy Minister, said on Wednesday that the country will assist the public in installing 5 gigawatts…
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Palm oil prices fall due to profit-taking and weak demand
Malaysian palm futures declined?on Tuesday after a two session rally. Profit-taking and weak demand for exports were the main reasons.
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ROI-Trump plan risks derailing Venezuela oil recovery: Bousso
The plan of President Donald Trump to gain direct U.S. entry to a large portion of Venezuela's oil reserves may end up derailing…
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Official: There is a good chance that the trapped workers in Nepal's hydropower plant are still alive
A Nepal Electricity Authority official said on Wednesday that there is a good chance that the dozens of workers who were…
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India is urged to review green financing rules and build workforce for nuclear expansion
India must'review its financing rules' and 'develop a better talent pipeline to reach its ambitious goal of increasing?nuclear…
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BP appoints Ian Tyler, former CEO of Balfour Beatty as its new chairperson after Manifold is ousted
BP?has named Ian?Tyler as its permanent chair, after firing Albert Manifold, who held the position for less than a month…
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Palm retreats due to profit-taking and weak demand
Malaysian palm oil futures fell on Wednesday, after a two session?rally. Traders locked in profits as sluggish demand for…
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Source: Venture Global informs Plaquemines Phase 2 buyers of LNG deliveries on time
?U.S. According to a source with direct knowledge, Venture Global told its customers at the Plaquemines Phase 2 Export Plant…
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Brazil's eucalyptus sector faces uncertainty due to delayed curbs on the use of native wood fuel
A reforestation association said that an agreement to phase out the use of native forest wood in Brazil's corn-ethanol plants…
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Palm oil jumps by 2% as rival crudes and oils are stronger
The price of Malaysian palm oil futures increased by?2% Tuesday, as the support from rivals?edible oil and crude oil rose…
Shale Oil & Gas
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BP appoints Ian Tyler, former CEO of Balfour Beatty as its new chairperson after Manifold is ousted
BP?has named Ian?Tyler as its permanent chair, after firing Albert Manifold, who held the position for less than a month…
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Tropical Storm Edouard reaches Gulf Coast near Texas and Louisiana
Tropical Storm Edouard, which churned from the Gulf of Mexico and sloshed to the shore near the Texas-Louisiana border Tuesday…
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Source: Venture Global informs Plaquemines Phase 2 buyers of LNG deliveries on time
?U.S. According to a source with direct knowledge, Venture Global told its customers at the Plaquemines Phase 2 Export Plant…
LNG
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Bangladesh Seeks US LNG Amidst Global Supply Disruptions
Bangladesh is turning to the United States for a long-term liquefied natural gas supply deal as it seeks to shore up energy…
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Cheniere Energy Increase Annual Profit on Strong LNG Demand
Cheniere Energy raised its forecast for annual core profit on Thursday after beating quarterly expectations on robust demand…
Renewables
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India is urged to review green financing rules and build workforce for nuclear expansion
India must'review its financing rules' and 'develop a better talent pipeline to reach its ambitious goal of increasing?nuclear…
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Palm retreats due to profit-taking and weak demand
Malaysian palm oil futures fell on Wednesday, after a two session?rally. Traders locked in profits as sluggish demand for…
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Brazil's eucalyptus sector faces uncertainty due to delayed curbs on the use of native wood fuel
A reforestation association said that an agreement to phase out the use of native forest wood in Brazil's corn-ethanol plants…
