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Rio Grande Requests Extension to Build Texas Export Facilities
Rio Grande LNG has sought a three-year extension from the U.S. Federal Energy Regulatory Commission to construct an export facility in Texas, according to a filing.The company requires the time to build certain project facilities and make the liquefied natural gas export plant at the Port of Brownsville available for service by November 2031…
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Gunvor, Delfin Midstream Sign LNG Supply Deal
Commodity trading house Gunvor has signed a long-term liquefied natural gas (LNG) sale and purchase agreement with Delfin Midstream, it said in a statement on Wednesday.It is the second such deal between the two companies in two-and-a-half years. Delfin said in November 2023 it had entered into a long-term deal with Gunvor to supply 500…
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Eni Looks for Infrastructure Funding Support
Italian energy group Eni has asked Morgan Stanley to help it to raise funds from investment firms such as Apollo, KKR and Stonepeak in a possible deal backed by its floating liquefied natural gas (FLNG) assets, three people familiar with the matter said.The contacts between Eni and the funds are at an early stage and there is no certainty that a de
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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 such cargo crossed under an arrangement involving Iran and Pakistan, highlighting how cargoes are crossing the waterway on a case-by-case basis amid ongoing conflict risks.The vessel…
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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 revenue due to at least a doubling of logistics costs, industry sources and analysts told Reuters.The European Union plans to fully phase out Russian LNG imports…
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US oil and Gas Auction for New Mexico Leases Draws Record $4 Billion in Bids
Interior Department reported on Wednesday that a Trump administration auction of drilling rights for oil and gas on federal…
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Colombia completes the exploratory phase for Ecopetrol's geothermal project
The Colombian environment ministry announced a decision on Wednesday to approve the environmental viability of an exploratory…
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The largest US grid paid a record $1 billion in Q1 to power plants that lost money.
According to data from the. The'so-called 'uplift payments' by PJM interconnection, which cover a populated region from Washington D.C.
Latest news
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Trafigura CEO: Europe's smelters require long-term protection of prices
Trafigura CEO Richard Holtum said that European smelters require "life support", such as price floor protection or long-term price protection…
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Poland to tax oil companies for windfall profits in order to reduce fuel prices
Poland's State Secretary for Energy said on Wednesday that it will propose next week a windfall levy on the profits of 'oil…
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Andy Home: ROI-Supply is hitting galvanize Zinc as expected surplus does not show up
What is the deal with zinc? Last week, the London Metal Exchange's (LME) 3-month zinc reached a four-year high of $3633.50 per ton.
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Russell: Australia's LNG industry is worried about missing out on huge opportunities due to the Iran war.
According to the industry, Australia's liquefied gas sector is uninvestable but also the best opportunity for growth. The…
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JODI reports that Saudi Arabian crude exports in March fell to their lowest ever recorded levels.
Saudi Arabian crude oil exports fell to a new record low in March of?4.974 millions barrels per?day, according to data from?Joint…
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Hungary's PM claims he could meet Zelenskiy by June if talks on minority rights are successful
He said that if an agreement is reached on the?Hungarian?minority's rights, Magyar would be able to meet Volodymyr Zelenskiy…
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Palm prices flatten as weak exports offset supply concerns from Indonesia
Malaysian palm oils futures were little changed on Wednesday as weak export data offset concerns that Indonesia's plans to…
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Shell subsidiary sells stakes to QatarEnergy in offshore blocks of Uruguay
QatarEnergy acquired three offshore exploration blocks in Uruguay from Shell's subsidiary, marking its first entry in the…
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SEFE, a German gas importer, returns an additional $348 Million in State Aid
The German gas importer,?SEFE, said that it had paid back the German government?almost??300 millions euros ($348million) in state assistance.
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Magyar, a Magyar-speaking Hungarian, says that a former deputy minister sought by Warsaw could have left via Serbia
Peter Magyar, Hungarian prime minister, said that a former Polish deputy government minister wanted on charges of'misusing…
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Palm gains as Indonesian export plans fuel supply concerns
Malaysian palm oil futures rose Wednesday after Indonesia's plans to create a state agency for export management sparked…
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Australian maintenance workers strike Woodside's North West Shelf LNG Plant
After failed negotiations with the contractor UGL, maintenance workers at Woodside Energy’s North West Shelf and Pluto LNG…
Shale Oil & Gas
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Australian maintenance workers strike Woodside's North West Shelf LNG Plant
After failed negotiations with the contractor UGL, maintenance workers at Woodside Energy’s North West Shelf and Pluto LNG…
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Russell: Australia's LNG industry is worried about missing out on huge opportunities due to the Iran war.
According to the industry, Australia's liquefied gas sector is uninvestable but also the best opportunity for growth. The…
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Russell: Australia's LNG industry is worried about missing out on huge opportunities due to the Iran war.
According to the Australian liquefied gas industry, the sector offers both the best opportunity for growth and the least investment.
LNG
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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…
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Eni Looks for Infrastructure Funding Support
Italian energy group Eni has asked Morgan Stanley to help it to raise funds from investment firms such as Apollo, KKR and Stonepeak in a possible deal
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Gunvor, Delfin Midstream Sign LNG Supply Deal
Commodity trading house Gunvor has signed a long-term liquefied natural gas (LNG) sale and purchase agreement with Delfin Midstream…
Renewables
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EU to increase funding for farmers following Iran war that drives up fertiliser prices
The European Commission announced plans to offer additional emergency funds for farmers who are struggling with soaring fertilizer…
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VEGOILS-Palm rises over Indonesia export control rumours
The Malaysian palm futures continued to rise on Tuesday, with rumours that Indonesia - the world's largest exporter - was…
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Malaysia palm replanting slows due to rising fuel and fertiliser costs
Malaysian palm oil production is reducing replanting due to rising fuel and fertiliser costs, as well as the high price of vegetable oils.
