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Egypt Looks to Sign Multi-Year LNG Supply Deal
Egypt is in talks with energy majors including Shell, TotalEnergies and BP to buy 15 to 18 cargoes of liquefied natural gas per month for at least three years, three trading and industry sources familiar with the matter told Reuters.The talks come as Egypt's domestic production struggles…
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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 for liquefied natural gas, sending its shares up 4% in premarket trading.The U.S. has further solidified its position as the world's largest exporter of 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 supplies amid disruptions in global gas markets caused by the U.S.-Israeli conflict with Iran.The government on Wednesday approved the purchase of 117 LNG cargoes…
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Chief economist says India should bring fuel back with lower ethanol blend
A top government advisor has said that India should bring back fuel with a lower blend of ethanol. This is the first time a senior official has called for more fuel options in response to growing consumer anger over a controversial policy change. E20, petrol blended with 20% ethanol, was launched last year.
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US Energy Chief to Talk with Refiners About Boosting Output
Energy Secretary Chris Wright'said he will talk to U.S. refining companies on Monday to discuss 'ways to boost a fuel production to lower gasoline prices which remain stubbornly high after the U.S. and Israeli war against Iran. Fuel prices are high, and refineries in the United States are already operating at high speeds.
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US ends summer blend gasoline requirements early in an attempt to lower prices
The Environmental Protection Agency announced on Thursday that the Trump administration will eliminate summer-blend gas?requirements…
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North Dakota oilfield activities expected to increase in the second half of the year, regulator states
The 'Department of Mineral Resources' in North Dakota said that oilfield activity will increase in the second half of the year…
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Trump has threatened to isolate Iran. Who are Iran's trading partners?
The threat of Donald Trump, the U.S. president, to impose unprecedented economic war and isolation against Iran could have…
Latest news
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Venezuela 'back on agenda' for oil equipment supplier SBO, CEO says
SBO's chief executive stated on Thursday that Venezuela was "back on the agenda" after receiving an order to deploy the company's?precision?technology…
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Trump warns that any country supporting Iran will face economic consequences
Donald Trump, the U.S. president, warned that any country providing "any kind of lifeline" to Iran would be subject to economic sanctions.
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SBO's profits slump due to Iran War, but rebuilding oil equipment drives orders
On Thursday, 'Oil Services and Equipment Provider 'SBO' reported a slump of 46% in its?half year core earnings as disruptions…
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Trump warns that any country supporting Iran will face economic consequences
U.S. president Donald Trump warned that economic consequences would be imposed on?any countries who provided "any kind of lifeline?
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Colombian natural gas investments set to increase 17% this year according to industry group
The head of the association Naturgas announced on Wednesday that investment in Colombia's natural-gas industry will increase by 17% in 2026.
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SLB and Formentera executives claim that they are working on activating drilling rigs for Venezuela.
SLB, a private equity firm and oil?service provider, is working with?Formentera?Partners to either reactivate or import more…
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US, Canada trade negotiators meet after Trump sets new tariff deadline
Sources said that auto tariff levels remained an issue. On Wednesday, Canadian and U.S. negotiators sat down to discuss trade…
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Mining mergers are not hampered by increased regulatory scrutiny, say bosses
Mining executives say regulatory scrutiny is increasing as governments pay more attention to security of supply and critical…
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Moscow's petrol stations restrict sales due to shortages
According to witnesses and fuel suppliers, Moscow's fuel stations have implemented new limits on gasoline purchases due to…
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Santos Energy beats profit expectations, with second-half production up 20-30%
Australian ?oil and gas producer Santos reported a ?smaller-than-expected drop in its first-half profit and forecast higher…
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Scientists say that climate change is causing record temperatures in Europe's oceans.
Scientists warned on Wednesday that climate change caused by humans was the primary cause of recent sea temperatures around Europe.
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Trump says there will be no talks with Iran. Tehran claims the Strait of Hormuz is still closed
?U.S. Donald Trump, President of the United States, said that no talks with Iran were being held and that none were planned.
Shale Oil & Gas
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Santos Energy beats profit expectations, with second-half production up 20-30%
Australian ?oil and gas producer Santos reported a ?smaller-than-expected drop in its first-half profit and forecast higher…
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Trump says there will be no talks with Iran. Tehran claims the Strait of Hormuz is still closed
?U.S. Donald Trump, President of the United States, said that no talks with Iran were being held and that none were planned.
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Sources say that India's Torrent Gas will file updated draft documents for an IPO of up to $418 Million.
Two sources familiar with the matter said that India's Torrent Gas aims to file updated draft documents for an initial public…
LNG
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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…
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Egypt Looks to Sign Multi-Year LNG Supply Deal
Egypt is in talks with energy majors including Shell, TotalEnergies and BP to buy 15 to 18 cargoes of liquefied natural gas…
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US LNG Tanker Completes First Direct Sail to China Since Tariff Dispute
A vessel carrying U.S. liquefied natural gas has sailed directly from the U.S. to China for the first time since trade tensions…
Renewables
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Scientists say that climate change is causing record temperatures in Europe's oceans.
Scientists warned on Wednesday that climate change caused by humans was the primary cause of recent sea temperatures around Europe.
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Sources say that India is considering limiting duty-free imports of sugar to reduce record prices.
India is considering a range of'measures', including limiting duty-free imports and tightening stockholding limits for bulk traders.
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Palm oil reaches 4-1/2-month high due to El Nino
Malaysian palm oil futures ended at a ?four-and-a-half-month high on Monday, as traders looked past ?near-term consolidation…
