Document filed by Venture Global LNG shows that it wants to extend the force majeure for its first plant until 2025.
Venture Global LNG intends to extend force majeure for its Calcasieu Pass plant in Louisiana until 2025. This would delay the first deliveries under long-term contract to three years following production.
California sets clear course to close Aliso Canyon Gas Storage Facility
California's utilities regulatory agency on Thursday set out a clear path to potentially close SoCalGas Aliso Canyon's gas storage facility. The regulator prioritized energy reliability and affordability…
Israel strikes port, energy targets in Yemen
Israel launched strikes against ports and energy infrastructure in Houthi-held parts of Yemen on Thursday and threatened more attacks against the Iran-aligned militant group, which has launched…
Nigeria approves Shell’s $2.4 billion asset sales to Renaissance
Shell received approval from Nigeria’s oil minister to sell $2.4 billion worth of onshore and shallow water assets to Renaissance Group. Renaissance Group said this in a Wednesday statement. Shell…
Qcells claims that a new technology could reduce the space required for solar panels
Hanwha Corp.'s Qcells announced on Wednesday that it had made a significant breakthrough in a new solar technology. This has the potential of reducing the space needed by panels to generate electricity from the sun's light.
US LNG Rises 2% on LNG Plant Volume Data
U.S. natural gas futures climbed about 2% on Wednesday on rising flows to the nation's liquefied natural gas (LNG) export plants and expectations utilities pulled more gas out of storage than usual…
French and Benelux stocks: Factors to watch
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. TotalEnergies French oil giant Total Energies has sold half of its shares in…
BHP and Rio Tinto will build a low-carbon iron plant in Western Australia
BHP Australia and Rio Tinto Australia will develop together a pilot plant for producing low-carbon iron using Pilbara ore as part of their efforts to accelerate decarbonisation within the steel industry.
Chevron Australia signss long-term gas supply agreement with Alcoa
The Australian unit of U.S. oil company Chevron said Tuesday that it will supply 130 petajoules (petajoules) of gas over a period of 10 years, starting in 2028, to the aluminium manufacturer Alcoa.
Venture Global says it has produced the first LNG at its Plaquemines plant.
Venture Global LNG produced its first LNG (liquefied natural gases) on Friday at its Plaquemines facility in Louisiana. The first U.S. plant to produce super-chilled natural gas in two years, Cheniere…
Venture Global Louisiana Plaquemines LNG Plant "on track"
U.S. liquefied natural gas (LNG) company Venture Global LNG's Plaquemines export plant under construction in Louisiana was on track to pull in enough natural gas on Friday to produce first LNG…
Eastern Canadian provinces replace controversial Churchill Falls Hydropower deal
On Thursday, the Canadian province Newfoundland and Labrador signed a Memorandum of Understanding with its neighboring Quebec to create a deal for hydroelectric generation in Labrador. This agreement…
Cenovus Energy predicts increased production by 2025 for new projects
Cenovus Energy, a Canadian energy company, forecasted higher oil and natural gas production in 2025. It expects to benefit from the new projects that will be coming online. According to LSEG, the…
In 2025, the global diesel price will be supported by refinery closures
Analysts and traders said that the global diesel market would likely see a price boost in 2025 due to the closing of around 1% of the refining capacity. This will offset the current weakness of…
US Energy Department: Two LNG reviews must be waited for by regulator
The U.S. Department of Energy announced on Tuesday that it will not be able to finish its reviews of two proposed liquefied gas export terminals planned for Louisiana until an independent regulatory…
Phillips 66 and NextEra team up to power California refinerys with solar energy
The refiner announced on Tuesday that Phillips 66 would power its Rodeo refinery with a solar facility operated and owned by NextEra Energy. In a press statement, Phillips 66 said that the solar…
USDoE: LNG Reviews must await EIA's
The U.S. Department of Energy announced on Tuesday that it will not be able to finish reviews of two projects for liquefied gas in Louisiana until a regulatory agency independent of the Department…
India will mandate the use of solar cells made locally in all clean energy projects by June 2026
From June 2026, Indian clean energy companies will have to use solar photovoltaic modules made from local cells by a list of approved companies. This is a measure to reduce imports from China, the top supplier.
Freeport's copper concentrat exports will only temporary ease global shortages
Sources in the industry said that Freeport-McMoRan’s unit, located in Indonesia, will help ease global shortages of copper concentrate, but only for a short time and if Indonesian authorities allow it.
Tata Power CEO: India's Tata prefers the domestic market to lucrative solar exports
Tata Power’s newly constructed 4.3 gigawatts (GW) solar cell and module manufacturing facility in southern India is mainly aimed at domestic markets, according to its chief executive, despite the…
