Document shows that Mexico's Pemex awarded five contracts to boost oil production, but failed to attract big players.
According to sources familiar with the situation and a document viewed by us, the Mexican state oil company Pemex awarded five out of the 11 joint venture contracts that…
US EPA anticipates finalizing biofuel regulations in the first quarter of 2026
The U.S. Environmental Protection Agency is expected to finalize the 2026 and 2027 mandates for biofuel blends in 2026, 2027, and 2028, which were originally expected to…
Minister: Chevron will supply Hungary with 2 billion cubic meters of LNG
The state-owned MVM Group in Hungary has signed a five-year contract with the?U.S. The?Hungarian?foreign ministry announced on Tuesday that energy company Chevron will supply…
Oil Prices Fall to Lowest Since May Ahead of Possible Russia-Ukraine Peace Deal
Oil prices fell below $60 a barrel on Tuesday, the lowest since May, as prospects for a Russia-Ukraine peace deal appeared to strengthen, raising expectations sanctions…
ReNew signs pact to build solar project of 150 MW in India with Google
India's ReNew Energy Global announced on Tuesday that it had signed a long-term deal with Alphabet to develop a 150-megawatt project in the western Indian state of Rajasthan.
UK's FTSE 100 drops as oil and defence stocks weigh on the index; domestic unemployment rises
?London's FTSE 100 fell on Tuesday due to losses in energy stocks and defence stocks. Investors also assessed new jobs data which reinforced expectations of a rate cut from…
Palm oil closes at its lowest level in six months amid concerns about rising stocks and weaker competitor oils
Malaysian palm oil futures fell on Tuesday for the third straight session, due to weaker competitor oils and worries about rising stocks in light of softer exports. The…
FT reports that US investor Kimmeridge has offered $6 billion to gas driller Ascent Resources
The Financial Times reported that activist investment firm Kimmeridge Energy Management had made a $6 billion bid to buy Ascent Resources. FT reported that the bid was the…
Intercontinental Exchange sets Dutch gas trading record and aims for longer trading hours
Intercontinental Exchange announced on Monday that it would be extending trading hours and achieving a record trading volume for benchmark European Gas Contracts in 2025.
Palm oil prices drop on Dalian weakness and stronger Ringgit
Malaysian palm-oil futures closed lower on Monday due to a weaker Dalian edible oil and a stronger Ringgit. The benchmark contract for?palm oi l for February delivery at…
Palm recoups losses early, but stronger ringgit caps advances
The market recovered early losses in Malaysian palm oil on Monday. This was in line with the recovery of Dalian palm oil futures. However, a stronger ringgit had a negative impact on the market.
Tokyo Gas CEO: More than half of investments in overseas markets will be directed to the US within 3 years.
Tokyo Gas, Japan’s largest city gas provider, will direct more than half the 350 billion yen ($2.3billion) it has set aside for overseas investments in the next three years to the U.S.…
Sources say that the Trump administration is unlikely to finalize biofuel quotas for 2026 this year.
Three sources familiar with the matter say that the Trump administration will not finalize the 2026 biofuel blending quotas by the end of the year. This extends the uncertainty…
Baker Hughes reports that US drillers have cut back on oil and gas rigs a second time in the last three weeks.
Baker Hughes, a leading energy services company, said that U.S. firms cut back on the number of natural gas and oil rigs for a second consecutive week in its closely watched report published Friday.
FTSE 100 drops as Wall St mood soudains
London's FTSE 100 sank on Friday as a Wall Street sell-off fueled by?AI angst ruined the mood on European markets. Blue-chip index FTSE 100? declined by 0.6% after a rise of up to 0.6%.
UK shares rise as precious-metal miners shine, BoE in focus
The main UK stock indexes rose on Friday. A gauge of precious-metal miners reached a new record high after a spectacular rally in gold and Silver prices this year, as traders priced in further U.S. rate cuts.
Palm oil losses on stronger ringgit and rival weakness; palm oil ends the week down 3%
Malaysian palm oils futures dropped on Friday due to a stronger ringgit and the weakness of rival Dalian edible oil. This was their first loss in three weeks. The benchmark…
EUROPE GAS - European prices are flat, but cooler temperatures support them
The Dutch and British gas price were not much different on Friday. This was due to the expectation of increased demand as the recent warmer temperatures are expected to…
Fridson: Wall Street's 'beats'are more show and less science
Investors are preoccupied by the question of whether or not companies beat their "Street Estimates" each quarter. But perhaps the whole concept of "beats", should be debated. Consider a recent example.
Palm drops due to ringgit strength and is on track for a weekly loss
Malaysian palm futures fell on Friday due to a stronger ringgit, as well as the weakness of rival Dalian edible oil. They were on course for their first loss in three weeks.