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QatarEnergy Prepares to Restart LNG Production
QatarEnergy is preparing to restart liquefied natural gas (LNG) production, two sources with knowledge of the matter told Reuters on Wednesday.In March, QatarEnergy halted production of LNG and associated products due to military attacks on facilities in Ras Laffan and Mesaieed.The…
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Middle East Conflict Restricts Supply for European LNG Stock Refill
The escalating conflict in the Middle East due to the U.S.-Israeli war with Iran is tightening global liquefied natural gas (LNG) availability and constraining Europe's ability to refill storages which depleted to their lowest since 2022 over the summer, the European Network of Transmission System Operators for Gas (Entsog) said on Thursday.The con
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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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AGL Energy raises its annual profit range and says it is well placed during the fuel crunch
AGL Energy, based in Australia, raised its 'lower end' of annual profit forecast on Wednesday. It credited better plant performance…
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Vestas Q1 profits rise more than expected due to increased offshore wind turbine production
Vestas, the Danish wind turbine manufacturer, reported a higher-than-expected increase in its first-quarter profits as production…
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Norway's Kongsberg orders Q1 more than double the demand for strong weapons
The Norwegian defence and technology company Kongsberg Group announced on Wednesday that its order intake had more than doubled…
Latest news
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Analyst Mistry believes that the biodiesel market will continue to grow, which is expected to boost demand for palm oil.
Analyst Dorab Mistry stated on Wednesday that the price of palm oil in Malaysia is likely to increase by 12%, to $5,200 per metric ton ($1…
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French and Benelux stocks: Factors to watch
Here are some company news and stories from France and Benelux that could have an impact on individual stocks or the markets in this region.
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Palm oil falls by over 1% as crude and Chicago soyoil weaken.
After two sessions of gains on Tuesday, Malaysian palm oil futures dropped more than 1% Wednesday, as lower crude oil prices…
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Australia pledges $7 billion for fuel reserves and government reserves
The Prime Minister Anthony Albanese announced on Wednesday that Australia will spend A$10 Billion ($7.22 Billion) to increase…
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Oil price rises bolster India's ethanol push despite drawbacks
India's plan to reduce emissions and cut costs from transport is based on ethanol, which can be made from sugarcane, maize and rice.
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NOC: Libya's Bouri Gas Project to begin production in September for local gas supply
The National Oil Company of Libya announced on Tuesday that Mellitah Oil and Gas Company had completed the'manufacturing…
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US shale producer EOG Resources beats quarterly profit estimates
EOG Resources beat the first-quarter profit estimates on Tuesday. This was due to higher production and a?stronger price for natural gas?.
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Shale producer Occidental beats quarterly profit estimates
The war in Iran weighed heavily on the?global?operations of Occidental Petroleum, a producer of shale oil. After the U.S./Israeli war on Iran…
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Devon Energy misses profit forecasts for the first quarter due to production decline
As a result of lower production, Devon Energy's first-quarter profits fell short of Wall Street expectations on Tuesday.
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Sources say that US shale producer Gulfport Energy will name Dell'Osso CEO
People familiar with the matter on Tuesday said that Gulfport 'Energy' is set to appoint Domenic 'Dell'Osso the next chief executive 'of the U.S.
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Exxon's VP of exploration claims that AI is being used to analyze Guyana's oilfields faster.
Exxon Mobil uses artificial intelligence and new technologies to interpret seismic data from Guyana within days, rather than months…
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Document says EU Energy Ministers will discuss domestic gas drilling
An internal document obtained by revealed that the energy ministers of European Union countries will discuss the production of domestic?gas?
Shale Oil & Gas
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Exxon's VP of exploration claims that AI is being used to analyze Guyana's oilfields faster.
Exxon Mobil uses artificial intelligence and new technologies to interpret seismic data from Guyana within days, rather than months…
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QatarEnergy extends the force majeure for Edison LNG until early July
The 'Italian' utility said that QatarEnergy has informed its largest Italian customer, Edison, of the cancellation of two more liquefied gas (LNG).
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Public Service Enterprises top profit estimates after winter storm increases gas and power demand
Public Service Enterprise Group surpassed Wall Street expectations?for the first-quarter profits on Tuesday as the 'U.S.
LNG
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Middle East Conflict Restricts Supply for European LNG Stock Refill
The escalating conflict in the Middle East due to the U.S.-Israeli war with Iran is tightening global liquefied natural gas (LNG) availability and con
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QatarEnergy Prepares to Restart LNG Production
QatarEnergy is preparing to restart liquefied natural gas (LNG) production, two sources with knowledge of the matter told…
Renewables
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Palm reaches four-week high in Malaysia's biodiesel plan
After surging almost 2% on a Tuesday, Malaysian palm-oil futures have risen to their highest level in four weeks. This is…
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Grain trader ADM raises profit forecast for 2026 on the strength of crush margins and biofuel demand
Archer-Daniels-Midland on Tuesday raised ?its forecast for full-year adjusted profit ?and beat quarterly earnings estimates…
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Document shows EU will give more CO2 permits to industries for free
A document from the EU, seen on Monday, revealed that the European Commission had drafted plans to provide more free 'emissions…
