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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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Gunvor, Delfin Midstream Sign LNG Supply Deal
Commodity trading house Gunvor has signed a long-term liquefied natural gas (LNG) sale and purchase agreement with Delfin Midstream, it said in a statement on Wednesday.It is the second such deal between the two companies in two-and-a-half years. Delfin said in November 2023 it had entered into a long-term deal with Gunvor to supply 500…
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Eni Looks for Infrastructure Funding Support
Italian energy group Eni has asked Morgan Stanley to help it to raise funds from investment firms such as Apollo, KKR and Stonepeak in a possible deal backed by its floating liquefied natural gas (FLNG) assets, three people familiar with the matter said.The contacts between Eni and the funds are at an early stage and there is no certainty that a de
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Qatari LNG Tanker Headed for Pakistan Successfully Crosses Strait of Hormuz
A second Qatari liquefied natural gas tanker successfully went through the Strait of Hormuz on Tuesday, days after the first such cargo crossed under an arrangement involving Iran and Pakistan, highlighting how cargoes are crossing the waterway on a case-by-case basis amid ongoing conflict risks.The vessel…
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Modi is likely to ask UAE for more energy during his short visit, according to sources
Three sources say that Indian Prime Minister Narendra Modi is expected to visit the United Arab Emirates on Friday for a brief trip.
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Palm slides due to uncertainty over biofuel allocation in Indonesia, export tax
Malaysian palm oil futures declined for a third consecutive session on Thursday. This was due to the continued uncertainty…
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Sinopec, a Chinese company, has a major reserve of ultra-deep shale gases.
Sinopec, the Chinese oil major, said it has?booked large?proven?reserves of gas in its ultra-deep Ziyang Dongfeng?shale gas?field.
Latest news
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Last month, Japan's spot LNG contract was priced at $19.10/mmBtu.
According to the Japan Oil, Gas and Metals National Corporation, (STATE OWNED JOGMEC), the average contract 'price' for spot…
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Malaysia criticizes Norway's halt on missile exports, saying defense plans are at risk
Malaysia expressed its opposition on Thursday to Norway's surprise decision to revoke the export approvals of a naval strike…
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EagleRock, a land management company, raises $320 million through its US IPO
EagleRock, an American land and resource management firm that collects royalties and fees for oil and gas production in the…
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Cuba runs out of diesel fuel and fuel oil due to US oil blockade
Cuba's energy and mines minister announced on Wednesday that the island has run out of diesel, fuel oil and other fuels.
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US House passes bill to allow year-round sale of E15 fuel
The U.S. House of Representatives passed legislation Wednesday that would allow nationwide sales of gasoline containing 15%…
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Russell: The Xi-Trump Summit could help the Iranian crude oil market.
What is the best outcome of the meeting between U.S. president Donald Trump and his 'Chinese counterpart Xi Jinping in the…
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US upstream oil & gas deals hit a two-year high during Q1 2026
Enverus, a firm that provides analytics, reported on Wednesday that the amount of deals in the U.S. oil and gas sector upstream…
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BP will meet with union leaders for Whiting refinery talks next week
BP and the United Steelworkers union announced on Wednesday that they will be meeting with 'union leaders' on Monday in order…
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Pemex confirms death in Oaxaca refinery explosion of injured worker
Pemex released a statement Wednesday confirming that a Pemex worker injured in the explosion at Oaxaca refinery in 'the Port of 'Salina Cruz…
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Sugar producers squeezed by higher prices for diesel and fertilizer
The cost of producing sugar has increased in Brazil and other major producers, according to the Datagro chief analyst. Plinio…
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Inpex, Japan's oil company, raises its full-year profit estimate as oil prices rise
Inpex, Japan's largest oil and gas exploration company, raised its net profit forecast for the full year on Wednesday. It…
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Regulators warn of the risks associated with EU's increasing dependence on US gas
European energy regulators warned that the European Union's increasing reliance on U.S. natural gas poses risks, including…
Shale Oil & Gas
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India completes $3.9 billion push to convert coal into gas in order to reduce import fuel dependence
Ashwini Vaishnaw, India's Information Minister, said that the?cabinet of India approved a scheme worth 375 billion rupees ($3.92 billion)…
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EUROPE GAS - Prices steady before Trump's China trip, Hormuz Shipping Scrutiny
Dutch and British natural gas prices were largely unchanged on Wednesday morning, as a few shipments had been flagged for…
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Iran ceasefire is a major factor in the growth of most Gulf markets ahead of Trump's China visit
As 'investors' watched the fragile Middle East truce and the upcoming 'high-stakes meetings' between U.S. President Donald…
LNG
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Eni Looks for Infrastructure Funding Support
Italian energy group Eni has asked Morgan Stanley to help it to raise funds from investment firms such as Apollo, KKR and Stonepeak in a possible deal
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Gunvor, Delfin Midstream Sign LNG Supply Deal
Commodity trading house Gunvor has signed a long-term liquefied natural gas (LNG) sale and purchase agreement with Delfin Midstream…
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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…
Renewables
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Regulators warn of the risks associated with EU's increasing dependence on US gas
European energy regulators warned that the European Union's increasing reliance on U.S. natural gas poses risks, including…
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Palm demand slumps to two-month low
Malaysian palm futures dropped?to a 2-month low on Wednesday due to sluggish demand by key destination buyers. Benchmark…
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Palm extends its losses into a second day due to weak demand
Malaysian palm oil futures fell more than 1% in price on Wednesday as the prices were pressured by a subdued demand. By midday…
