World Energy News

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…
Chevron targets Argentina and Mediterranean for global LNG expansion, deal with India

Freeman Shaheen, the President of Global Gas at Chevron, said that the company is looking to expand the global gas portfolio to include Argentina and the Mediterranean in order to meet the growing demand from buyers who are concerned about the security of energy due to the Middle East crisis.
China Gas signss 20-year LNG deal with US-based Venture Global

China Gas Holdings and Venture Global announced a 20-year agreement for China Gas Holdings to purchase 0.5 million metric tons of U.S. LNG from Venture Global. The contract will begin in 2030. The agreement comes before Chinese President Xi Jinping is expected to visit Washington in the next few weeks. China stopped importing U.S.
Argentina's Milei plans to strengthen sanctions against companies operating in Falklands

Analysts say that the Argentine president Javier Milei will be preparing legislation to strengthen sanctions against companies in the Falkland islands this week. This raises the question of whether he might escalate tensions between Argentina and Britain by targeting sectors other than the disputed islands’ economy.
When the Mideast War ends, LNG demand is expected to increase in China and India

Industry executives predict that China's and India's LNG imports will rebound from their multi-year lows when the Middle East supply crisis ends and if prices ease. This is expected to reverse a resurgence in the use of coal and oil to generate electricity?due to the U.S. - Iran war.

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Shale Oil & Gas

Petronas and PTT units receive approval for a new gas contract in Malaysian-Thai joint area

Malaysian state-owned energy company Petronas announced on Monday that its 'unit, along with subsidiaries of Thailand PTT's 'have received approval from both governments for the new?production share contract (PSC)?for a large gas-producing?block?in their joint area. This approval comes at a time when Asian gas buyers are seeking greater supply security amid increased concerns about regional energy security after disruptions on global energy markets caused by tensions in Middle East.

LNG

Argent LNG, Albania to Evaluate Development of Import Terminal

U.S. LNG developer Argent LNG said on Wednesday it had signed a non-binding memorandum of understanding with Albania's government to evaluate development of an onshore LNG storage and regasification terminal with capacity of up to 5 million tonnes a year.Here are more details:Terminal could connect with the Trans Adriatic Pipeline, proposed Ionian Adriatic Pipeline and Fier-Vlore gas corridor.Argent LNG said financing could involve the U.S. Trade and Development Agency, U.S.

Renewables

Germany and UAE strengthen energy cooperation through agreements with RWE and SEFE

Germany and the United Arab Emirates deepened their energy relations on Friday with a series of agreements that covered renewables and gas. The agreements are part of an overall EUR40 billion (US$46.4 billion) push for investment to support industry within Europe's largest economy. Germany and the UAE, which have a trade relationship worth $15.5 billion per year, are seeking to 'closer their relations in the face of political unrest, such as the war in Iran. Energy plays a key role.

Victoria Launches First Australian Offshore Wind Auction

Chevron targets Argentina and Mediterranean for global LNG expansion, deal with India

China Gas signss 20-year LNG deal with US-based Venture Global

Argentina's Milei plans to strengthen sanctions against companies operating in Falklands

When the Mideast War ends, LNG demand is expected to increase in China and India

Thailand's PTT is looking for new LNG sources such as Oman and Canada.

EIB invests in first modular nuclear reactor

Wall Street Journal, September 15,

Latest news

Petronas and Thailand's PTT receive approvals for a new gas block-sharing contract

Australia's Santos Signs Two Separate LNG Agreements with POSCO Steel & Western LNG

Minister says high LNG prices are hurting Bangladesh's industrial development.

Guinea talks alumina and energy investments with Glencore following bauxite deals, says minister

Saudi stocks continue to fall after energy attacks shock sentiment

Bloomberg News reports that the US EPA is poised to repeal its carbon standards for coal and gas power plants.

Andy Home: How yttrium, a rare and obscure element, became a global hot topic.

Baker Hughes reports that US energy companies have added rigs to their fleet for the first time in 4 weeks.

Gambia bans unauthorised protests after unrest caused by power cuts

Palm prices fall to two-week lows on rising stocks

The French baseload electricity contract for the front year is at a three-year high

Shale Oil & Gas

Petronas and PTT units receive approval for a new gas contract in Malaysian-Thai joint area

Bloomberg News reports that the US EPA is poised to repeal its carbon standards for coal and gas power plants.

Andy Home: How yttrium, a rare and obscure element, became a global hot topic.

Baker Hughes reports that US energy companies have added rigs to their fleet for the first time in 4 weeks.

LNG

Argent LNG, Albania to Evaluate Development of Import Terminal

Northern Territory Shale Developers Look Towards LNG Production

San Matias Pipeline Cansortium Closes $900m Loan for Pipeline

Bangladesh Seeks US LNG Amidst Global Supply Disruptions

Renewables

Germany and UAE strengthen energy cooperation through agreements with RWE and SEFE

Gambia bans unauthorised protests after unrest caused by power cuts

Palm prices fall to two-week lows on rising stocks

Palm eases due to rising stocks; expected weekly loss

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