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Thailand Seeks LNG Supplies from Malaysia Due to Middle East Conflict
Thailand is actively seeking additional LNG supplies from Malaysia following disruptions caused by the ongoing Middle East conflict, Thai energy government officials said on Wednesday.Thailand would need to diversify some of its LNG supply away from the Middle East, estimated at roughly 5% to 10%, said Watcharin Boonyarit, the Energy Ministry's dep
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Italy to Receive LNG From US Golden Pass Facility Starting June
Italy will begin receiving liquefied natural gas (LNG) from the Golden Pass LNG facility in the United States, a joint venture between QatarEnergy and Exxon Mobil, from June, two sources familiar with the matter told Reuters.The LNG tankers from the United States will help Italy plug…
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Novatek Establishes Company to Build Vessels, Floating Facilities Amid Global Tanker Shortage
Russia's largest producer of liquefied natural gas Novatek has set up a company to build its own vessels and floating facilities, according to the state's registry of authorised companies, amid a shortage of gas tankers due to sanctions.Ilya Lushchikov, who is also head of Novatek's Murmansk LNG project, is in charge of the new company, called Seve
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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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Norway's sovereign fund supports BP chairman's reelection
The 'world's biggest' sovereign wealth fund of $2.2 trillion, Norway, announced on Saturday that it would vote for the reelection…
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Fervo Energy reports revenue growth in US IPO filing
Fervo Energy filed paperwork on Friday to?file for an initial public offering in the United States. The geothermal developer…
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France and other World Bank shareholders are seeking a solution to maintain climate strategy
Eleonore Caoit, France's development minister, said that World Bank shareholders were looking for a way to "keep alive" the…
Latest news
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US Energy Department restores funds to carbon removal projects
According to a list of major projects that the Department of Energy sent to Congress earlier this week, the funding will…
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Baker Hughes reports that US drillers have cut back on oil and gas drilling for the second consecutive week.
Baker Hughes, an energy services firm, said that U.S. firms have cut the number of oil and gas rigs for the second week in…
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Quotations-Reactions from industry leaders and businessmen to Iran's statement that Hormuz was open
Iran's Foreign Minister said that the?Strait of Hormuz is open to all commercial vessels after a ceasefire agreement was reached in Lebanon.
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Australia lifts fuel restrictions following fire at its largest refinery
The Australian Prime Minister Anthony Albanese stated 'on Friday that a fire in 'the larger of Australia's two oil refineries…
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McGeever: Wall Street's "escapism" is irrational but logical.
It has never been more apparent that the Teflon-coated markets are not in sync with the growing catalog of geopolitical risks…
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Eni shareholders urged to reject pay increase for CEO by proxy firm
Influential proxy advisor ISS has urged investors to vote against a proposal by Italian energy company Eni to increase its…
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Stephen Jen: The timing of the return of ROI-China could not be better.
China has finally turned the corner. China's economy has finally turned a corner, five years after Beijing started cracking…
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EagleRock, a land management company, has disclosed a rise in revenue in its US IPO filing
EagleRock Land, a land management company, reported a 'higher revenue per year in paperwork filed on Thursday for an initial…
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Sources: Exxon has withdrawn its offer to sell the first two Golden Pass LNG cargoes
Two people who are familiar with this decision confirmed that Exxon Mobil retracted its offer to sell?two initial shipments…
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Source: Trump's energy leaders will hold a call with CEOs about the Iran war
The U.S. The Interior and Energy Departments are holding a conference call on Thursday to discuss the 'potential' of energy…
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Energy chief: First new nuclear reactors planned in the US likely to receive government loans
Chris Wright, the U.S. Energy Department Secretary, told Congress in a Thursday hearing that "almost certain" the first five…
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China and Turkmenistan Sign Deal to Build Phase Four of Galkynysh Gas Field
Turkmenistan’s state gas company - and China’s CNPC - signed a deal 'on Thursday' to build the fourth stage of Turkmenistan’s Galkynysh 'gas field.
Shale Oil & Gas
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Energy chief: First new nuclear reactors planned in the US likely to receive government loans
Chris Wright, the U.S. Energy Department Secretary, told Congress in a Thursday hearing that "almost certain" the first five…
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China and Turkmenistan Sign Deal to Build Phase Four of Galkynysh Gas Field
Turkmenistan’s state gas company - and China’s CNPC - signed a deal 'on Thursday' to build the fourth stage of Turkmenistan’s Galkynysh 'gas field.
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McGeever: Wall Street's "escapism" is irrational but logical.
It has never been more 'wider' or 'puzzling. Investors and policymakers seem to live in parallel universes. There is no sign…
LNG
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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…
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Novatek Establishes Company to Build Vessels, Floating Facilities Amid Global Tanker Shortage
Russia's largest producer of liquefied natural gas Novatek has set up a company to build its own vessels and floating facilities, according to the sta
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Italy to Receive LNG From US Golden Pass Facility Starting June
Italy will begin receiving liquefied natural gas (LNG) from the Golden Pass LNG facility in the United States, a joint venture…
Renewables
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As traders monitor progress in US-Iran negotiations, the price of EUROPE GAS is on the rise.
Dutch and British prices on Thursday morning reduced a portion of their previous session's loss, as the market awaited more…
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Palm prices slip on low demand and expectation of higher production
Malaysian palm oil futures declined on Thursday due to a combination of factors including?low demand from India and China…
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According to MPOB, Malaysia's palm-oil-based biodiesel drive will add 300,000 tonnes in demand.
Malaysian Palm Oil Board says that palm oil-based biodiesel will 'increase by more than 300,00 metric tons annually, as it joins Indonesia…
