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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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EUROPE GAS - Prices steady before Trump's China trip, Hormuz Shipping Scrutiny
Dutch and British natural gas prices were largely unchanged on Wednesday morning, as a few shipments had been flagged for…
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Iran ceasefire is a major factor in the growth of most Gulf markets ahead of Trump's China visit
As 'investors' watched the fragile Middle East truce and the upcoming 'high-stakes meetings' between U.S. President Donald…
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IEA: Global oil production will fall below demand in this year due to the Iran War
The IEA's monthly report on the oil market on Wednesday said that the global?oil?supply will not be able to meet the total _demand this year…
Latest news
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Copper prices rise as investors purchase over concerns about supply
On 'Wednesday, copper reached a new three-month-high as investors bought on future supply concerns. Middle East uncertainty…
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Vallourec's profit for the first quarter of 2018 increases on higher US prices
The French steel tube maker,?Vallourec, reported on Wednesday a 4% increase in its first-quarter core profits. This was within…
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French and Benelux stocks: Factors to watch
Here are some company news and stories that could impact the markets or stocks in France and Benelux. Credit insurer Coface…
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Palm extends its losses into a second day due to weak demand
Malaysian palm oil futures fell more than 1% in price on Wednesday as the prices were pressured by a subdued demand. By midday…
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Europe's first-quarter earnings are a mixed bag for consumers and growth.
A majority of European companies have reported their first-quarter earnings. As a result, the corporate profits will rise…
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Vietnam's crude and refined oil supplies amid Iran war
After the Iran War, Vietnam has diversified its oil and refined products supplies. Import costs have risen exponentially…
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MORNING BID EUROPE - Locked in a deadlock with Iran, Trump heads for China
Gregor Stuart Hunter gives us a look at what the future holds for European and global markets. Donald Trump is on his way to Beijing…
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Fervo Energy raises US $1.89 billion through its IPO
Fervo Energy, a developer of geothermal energy, announced on Tuesday that it raised $1.89billion in its enlarged U.S. IPO.
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IIR Energy reports that Mexico's Salina Cruz Refinery has been partially closed after a fire.
Mexico's state oil company Pemex was forced to partially shut down its 325,000-barrel-per-day Salina Cruz refinery in Oaxaca…
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US EIA admits Middle East supply disruptions far worse than previous estimates
The U.S. 'Energy Information Administration' revised its forecasts on Tuesday to reflect a larger and longer hit to global?oil…
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Broker: Global sugar market will flip from surplus to deficit due to shrinking output
Broker StoneX said that the global sugar market will'switch from an excess of 2,29 million metric tonnes in 'the 2025/26…
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EIA: US natgas production to reach record highs in 2026 while demand declines
The U.S. Energy Information Administration's Short-Term Energy Outlook released on Tuesday predicted that U.S. natural?gas…
Shale Oil & Gas
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EIA: US natgas production to reach record highs in 2026 while demand declines
The U.S. Energy Information Administration's Short-Term Energy Outlook released on Tuesday predicted that U.S. natural?gas…
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The US Department of Energy assumes that the Strait of Hormuz remains closed until late May
The U.S. Department of Energy's statistical branch said on Tuesday that it assumes the Strait of Hormuz is effectively a?shutdown…
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Sources: Eni is exploring potential LNG asset deals with large funds
Three people with knowledge of the matter have confirmed that Italian energy group Eni asked Morgan Stanley for help in a…
LNG
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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…
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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…
Renewables
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US solar panel manufacturers seek tariff investigation on Ethiopia
A group of U.S. manufacturers of solar panels?asked federal trade officials on Tuesday to investigate solar shipments coming from Ethiopia.
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Gold prices fall as oil gains increase rate uncertainty
Gold prices were under pressure Tuesday, as the oil price rose due to fading hopes of an Iran peace agreement. This added…
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US solar panel manufacturers seek tariff investigation on Ethiopia
A group of U.S. solar panels makers asked federal trade officials on Tuesday to investigate solar shipments coming from Ethiopia.
