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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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Fugro Gets Survey Job on Scottish Offshore Wind Farm
Fugro has been awarded a major geotechnical survey contract by SSE for the Berwick Bank B offshore wind development in the North Sea off Scotland.Berwick Bank B forms part of the wider 4.1 GW Berwick Bank offshore wind project, which is being developed in three phases and could become…
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Copper prices fall as Iran's peace hopes fade and U.S. inflation figures are due
Copper prices slid from their three-month highs on Tuesday, as crude oil prices rose and Middle East peace hopes faded?after…
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Thyssenkrupp nucera freezes employment as the second-quarter losses widen
Thyssenkrupp Nucera announced on Tuesday that it has frozen hiring in countries with high costs as part of wider saving measures.
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Palm drops over 1% due to Dalian palm olein weakening
The market was pressured by the weaker Dalian palm olein, which caused the Malaysian palm oil futures to fall more than 1%.
Latest news
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Deal between Trump and Xi could boost US energy exports in China
U.S. president Donald Trump is expected to arrive in Beijing on May 14-15 for a meeting with President Xi Jinping. U.S. officials'say…
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Shanghai copper prices are the highest in a single day since March, mainly due to supply concerns and demand expectations
Shanghai copper posted its largest daily gain in several months on Tuesday, as'supply concerns and the expectation of higher demand from China?
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Japan will send officials to Russia to protect companies' assets in May
The Minister of Economy, Trade and Industry Ryosei Akazawa said on Tuesday that Japan will send a number of officials to…
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Russell: Hormuz's impact on China's commodity imports is evident in the oil and metals prices.
China's imports are being influenced by the Iran war. April data shows a sharp drop in crude oil, but a rise in trade of metals.
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Colombian authorities launch investigation into Ecopetrol's former campaign manager, Petro.
Ricardo Roa was informed formally of an investigation into alleged irregularities in the?reporting of expenses during his…
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Lotus scales back EV plans, targets 2028 supercar launch
Lotus announced on Tuesday that it will launch its first-ever supercar by 2028, and will "scale back" its all-electric goals.
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US loans 53.3 million barrels from Strategic Petroleum Reserve
The Trump Administration announced on Monday that it would loan 'energy companies' 53.3 million.barrels from the U.S..Strategic.Petroleum Reserve…
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Brazil's Raizen Debt talks progress as parties reach equity conversion consensus
Three people with knowledge of the situation said that talks between creditors and investors of Brazilian sugar and ethanol…
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Constellation executives say that the US could decide to restart Three Mile Island in June.
Executives said that they hope U.S. regulators issue a 'decision as soon as next month' which will 'dictate' when the company's…
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The price of gas in Europe has risen after Trump's rejection to the Iranian peace proposal
Dutch and British gas contract prices rose on Monday afternoon, following oil, after the United States rejected Iran’s response to a peace proposal.
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Sources: India refuses Russian LNG due to sanctions; talks continue about permitted cargoes
Two sources who are directly involved in the matter confirmed that India had declined Russia's offer of liquefied gas, subject to U.S.
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Fervo Energy to raise US IPO valuation from $7.4 billion to $7.4 billion
The geothermal power developer,?Fervo Energy, said that it is targeting an initial public offering (IPO) in the U.S. of up to $7.37 billion dollars.
Shale Oil & Gas
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Syria selects offshore oil and gas block for its first deep-water project with Chevron
The Syrian Petroleum Company announced on Monday that Syria had identified an offshore site for its first deepwater 'oil and -gas exploration project…
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WhiteHawk, a natural gas company, has revealed a seven-fold increase in revenue when it filed its US IPO.
WhiteHawk, a natural gas mineral and royalty company, filed for an?U.S. On Monday, WhiteHawk filed for a U.S. initial public offering…
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EUROPE GAS-European prices firm on latest US-Iran peace setback
Dutch and British gas contracts were firmed up on Monday, despite the fact that another attempt to end the 'U.S.-Israeli war against Iran' failed.
LNG
Renewables
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The price of gas in Europe has risen after Trump's rejection to the Iranian peace proposal
Dutch and British gas contract prices rose on Monday afternoon, following oil, after the United States rejected Iran’s response to a peace proposal.
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Fervo Energy to raise US IPO valuation from $7.4 billion to $7.4 billion
The geothermal power developer,?Fervo Energy, said that it is targeting an initial public offering (IPO) in the U.S. of up to $7.37 billion dollars.
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Palm prices rise on higher soyoil and crude oil prices
Malaysian palm oil futures closed?higher Monday, ending three consecutive sessions of losses, as higher soyoil prices and…
