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Turkmenistan’s former president says diversifying the gas exports to Turkmenistan is a 'primary objective'
According to the transcript of a Sunday interview, former Turkmen president Gurbanguly Berdymukhamedov stated that his country's 'primary goal' was to diversify its exports of its massive gas reserves. The fourth largest in the world. Turkmenistan, a?mostly desert? country of 7 million people…
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Enel to invest $63 billion by 2028, with a focus on Europe and the US
Enel, the Italian energy?utility, plans to increase its capital expenditures over the next three years. It will also shift its focus towards renewables in Europe and America. In a press release, the state-controlled 'group' said it would invest about 63?billion dollars (53?billion euro) between 2026-2028…
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Prices for EUROPE GAS are down due to the warmer weather.
Dutch wholesale gas prices fell on Monday, following a decline in the previous trading day. Warm weather forecasts lowered demand. By 0926 GMT, the Dutch contract for the first month was down 1,58 euros to 31.73 euros per megawatt hour. The contract for April is down 1.51 euros, at 31.4 Euro/MWh. The outlook for today is further price weakness.
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Sarawak challenges three federal laws in the top court of Malaysia
Sarawak's government announced?on Monday it had filed a petition with the highest court of Malaysia to challenge three federal laws that govern petroleum. This is part of an?effort broader?to gain more control over the state's natural resources. Sarawak will set up its own company…
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French spot prices rise as wind power production falls
On?Monday the French spot power contract increased, buoyed primarily by falling wind 'power output in Germany. LSEG data shows that the French baseload day-ahead power was 33.25 euros ($39.23), up 20% on Friday's price for Monday delivery. LSEG data revealed that the German equivalent contract was not traded, after indicating gaps?
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The French far-right has filed a motion of no confidence against the PM regarding the new energy law
The National Rally party of France, which is far right, submitted a motion of no confidence against the government on Monday…
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Palm falls overnight on weakness in Chicago soyoil; ringgit firmer
Malaysian palm futures continued to decline on Monday. They were weighed down by weaker crude oil, overnight weakness in…
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Romgaz CEO: If acquisition proceeds, Romgaz will need more funding to complete gas project.
If the acquisition of a ailing fertilizer producer by Romgaz this year goes through, it may have to use additional funding…
Latest news
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Saudi Aramco has sold its first Jafurah condensate cargos to US firms and India, according to sources
Four 'trade sources' said that Saudi Aramco, the state energy giant, has sold several cargoes - of ultra-light crude oil…
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Palm falls overnight on weakness in Chicago soyoil; ringgit firmer
Malaysian palm futures continued to fall on Monday. They were weighed down by weaker crude oil, overnight weakness in Chicago…
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Indonesian Pertamina will continue to bid for US energy imports
Pertamina, the Indonesian state oil and gas company, said on Friday that imports of energy products from the U.S. will still…
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Trump's tariff reversal may reduce costs for US energy companies, but it will likely not affect broader flows.
Although the U.S. Supreme Court’s decision to overturn trade tariffs that President Donald Trump imposed last year could…
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Baker Hughes reports that US drillers have kept the number of oil and natgas drilling rigs unchanged for a second consecutive week.
Baker Hughes, a leading energy services company, said that the number of oil and gas rigs in the United States remained unchanged…
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Trump EPA will weaken the rule limiting harmful air toxins and mercury from coal plants
The Trump administration announced Friday that it would roll back clean air regulations that limit mercury and hazardous…
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Repsol, a Spanish company, has cut its renewable energy target
A report released in conjunction with its 2025 results shows that Repsol, the Spanish energy company, has reduced its 2030…
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Cubans use solar power to fight blackouts as US tightens its grip on oil
Cubans scramble to install solar panels in their homes, businesses and vehicles as Washington prevents oil from reaching…
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Indonesian Pertamina will continue to bid for US energy imports
Pertamina, the Indonesian state oil and gas company, said on Friday that imports of energy products from the U.S. will still…
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India's infrastructure production rises by 4% in January
India's infrastructure production rose 4% in January compared to the same period last year, thanks to strong growth in cement and steel production…
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Trump EPA will weaken the rule limiting harmful air toxics and mercury from coal plants
The Trump administration announced Friday that it would roll back air regulations for power plant?limiting mercury, and hazardous…
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Palmetto slips but still posts weekly gains to end two-week decline
Malaysian palm futures ended lower on Friday due to weaker soyoil and concerns about overproduction. However, the contract…
Shale Oil & Gas
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Indonesian Pertamina will continue to bid for US energy imports
Pertamina, the Indonesian state oil and gas company, said on Friday that imports of energy products from the U.S. will still…
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India's infrastructure production rises by 4% in January
India's infrastructure production rose 4% in January compared to the same period last year, thanks to strong growth in cement and steel production…
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NYT: Trump's ally Novatek signs deal with Russia on natural gas in Alaska
The New York Times reported that American financier 'Gentry Beach', who is a close friend of Donald Trump's family, had signed…
LNG
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Norway Parliament Rejects Challenge to LNG Plant's Power Supply Plan
Norway's parliament on Thursday rejected a proposal to block Equinor's plan to supply electricity to its Hammerfest liquefied natural gas (LNG) plant
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Norway Socialist Party Withdraws Support for LNG Electricity Project Opposition
Norway's Socialist Party has withdrawn its support for a proposal to block Equinor's Hammerfest liquefied natural gas plant from receiving a planned o
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QatarEnergy Secures LNG Supply Deal with Jera as Demand Surges
QatarEnergy, one of the world's biggest LNG suppliers, signed a deal on Tuesday with Japan's top power generator Jera to…
Renewables
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Repsol, a Spanish company, has cut its renewable energy target
A report released in conjunction with its 2025 results shows that Repsol, the Spanish energy company, has reduced its 2030…
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Cubans use solar power to fight blackouts as US tightens its grip on oil
Cubans scramble to install solar panels in their homes, businesses and vehicles as Washington prevents oil from reaching…
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Trump EPA will weaken the rule limiting harmful air toxics and mercury from coal plants
The Trump administration announced Friday that it would roll back air regulations for power plant?limiting mercury, and hazardous…