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Palm oil outperforms rival Chicago soyoil and crude
Malaysian palm oil futures rose Monday, following the stronger soyoil on the Chicago market. A jump in crude prices was also supportive. By midday, the benchmark palm 'oil 'contract for September delivery at the Bursa Derivatives exchange was up 28 ringgit or 0.62% to 4,541 Ringgit ($1,113.54) per metric ton.
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Aditya Birla Renewables, an Indian company, will purchase Sprng Energy (formerly Shell)
The companies announced on Monday that Grasim 'Industries' renewables division will purchase Sprng Energy, a British oil'major', from Shell for $1.8 billion including 'debt'. This is one of India's biggest clean energy acquisitions. Grasim, India's flagship company, Aditya Birla Group…
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Wall Street Journal, July 14,
These are the most popular?stories from the Wall Street Journal. ? This?story has not been verified and we cannot vouch for its?accuracy. Elon Musk’s SpaceX is planning to launch its newest version, the Starship rocket, later this week. This follows the conclusion of an investigation…
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Trump's clean energy policies are linked to $83 Billion in cancelled or delayed projects
According to a report released on Tuesday by the labor and environmental group BlueGreen Alliance, Trump administration policies have led to the cancellation of or delays of $83 billion worth of investment across hundreds of projects. The report was released as U.S. Senators and labor leaders prepare to meet on Tuesday…
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Palm extends its gains over stronger rivals edible oils and crude oil
The price of Malaysian palm olein futures rose a second time on Tuesday. This was largely due to the strength in rival edible oils traded on the Chicago and Dalian exchanges, as well as higher crude oil prices. The benchmark contract for palm oil delivered in September on the Bursa Derivatives Exchange rose 40 ringgit or 0.88% to 4…
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ARC shareholders approve $16.4 billion Shell takeover deal
ARC Resources announced on Tuesday that its shareholders voted to be acquired by Shell, clearing a'step' for one of the biggest…
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Trump's cuts in clean energy projects are linked to $83 Billion in cancelled or delayed projects
According to a report published on Tuesday by the labor and environmental coalition BlueGreen Alliance, policies of the Trump…
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Shell Shell shareholders approve $16.4 Billion Shell deal
ARC Resources announced on Tuesday that its'shareholders voted for the acquisition by Shell, clearing a 'next step in completing?one…
Latest news
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Brazil temporarily increases the mandatory ethanol blend of gasoline from 30% to 32%
The Brazilian 'National Energy Policy Council', or CNPE, approved on Tuesday a temporary increase in the mandatory ethanol…
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The IEA warns that EU's methane laws could restrict the bloc's oil supplies options
The International Energy Agency warned that the EU's rules on methane could restrict the oil supply available to the bloc.
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Ifax reports that Kashagan Oilfield Operator ordered to pay $4.9 Billion environmental fine
Interfax reported that Kazakhstan's Justice Ministry said that the operator of the?Kashagan oilfield is required to pay an…
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Industry warns that the planned reform of Congo's mining laws could undermine investor confidence
A document seen on Monday by the Democratic Republic of Congo's?main mining industry -body? warns that proposed changes in…
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Pollution from Musk’s unpermitted xAI project is worst in Black Communities
Elon Musk's artificial-intelligence company xAI installed 59 natural-gas turbines in Tennessee for its Colossus 2 project…
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Palm extends its gains over stronger rival edible oils and crude oil
The price of Malaysian palm oil futures rose for the?second consecutive session on Tuesday. This was largely due to the strength…
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Blackstone's group gives $5.34 billion to Williams for its power push
Williams announced?on Monday? that a Blackstone led consortium will invest $5.34billion for a non-controlling 49% stake in…
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Russell: Asia's LNG imports are recovering, bringing cargoes to Europe in need.
Asia's LNG imports are expected to reach a six-month peak in July, while Europe's will plunge to the lowest level in almost two years.
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Palm oil strengthens on Chicago soyoil, but crude gains.
Malaysian palm futures rose?on monday, thanks to a stronger soyoil on the Chicago market and a rise in crude oil prices.
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Joint Strike Missiles are the main reason for Kongsberg's jump in the second quarter.
The Norwegian defence and technology company Kongsberg Gruppen announced on Monday a 53% increase in orders for the second quarter…
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Russell: Asia's LNG imports are recovering, bringing cargoes to Europe in need.
Asia's LNG imports are set to reach a six-month peak in July, while Europe's fall to the lowest level in almost two years.
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Data shows that Europe experienced 10,000 deaths in excess during the late June heatwave.
Official data revealed that European countries had reported over 10,000 deaths in excess during the record-breaking heatwave?that…
Shale Oil & Gas
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Blackstone's group gives $5.34 billion to Williams for its power push
Williams announced?on Monday? that a Blackstone led consortium will invest $5.34billion for a non-controlling 49% stake in…
-
Russell: Asia's LNG imports are recovering, bringing cargoes to Europe in need.
Asia's LNG imports are expected to reach a six-month peak in July, while Europe's will plunge to the lowest level in almost two years.
-
Joint Strike Missiles are the main reason for Kongsberg's jump in the second quarter.
The Norwegian defence and technology company Kongsberg Gruppen announced on Monday a 53% increase in orders for the second quarter…
LNG
Renewables
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Palm oil strengthens on Chicago soyoil, but crude gains.
Malaysian palm futures rose?on monday, thanks to a stronger soyoil on the Chicago market and a rise in crude oil prices.
-
Palm oil outperforms rival Chicago soyoil and crude
Malaysian palm oil futures rose Monday, following the stronger soyoil on the Chicago market. A jump in crude prices was also supportive.
-
Data shows that Europe experienced 10,000 deaths in excess during the late June heatwave.
Official data revealed that European countries had reported over 10,000 deaths in excess during the record-breaking heatwave?that…
