Microsoft, Chevron, and Engine No. Exclusive power supply agreement signed by Microsoft, Chevron and Engine No.
Microsoft, Chevron, and Engine No. The three companies announced on Tuesday that they had entered into a power supply and generation exclusivity agreement. Microsoft and…
HMH Holding raises more than $210 million through its US IPO
HMH Holding, an oil and?gas equipment manufacturer in the United States, raised more than $210 million on Tuesday after pricing its U.S. initial public offering within its range.
Sources say that Addison is retiring as the architect of the US-Venezuela trade deal.
John Addison is Vitol’s top U.S. gas trader. He helped his firm secure a deal this year for the first Venezuelan oil exports following Nicolas Maduro’s capture by U.S. troops.
US gas prices reach $4 per gallon due to the Iran war which has wreaked havoc on energy supplies worldwide
The U.S. average gas prices rose to $4 per gallon for the first time since more than three years on Monday, according to data from the price tracking service, GasBuddy.
Solar boost has seen renewables reach almost 50% of global capacity by 2025.
Data from the International Renewable Energy Agency, which was shared with us exclusively on Tuesday, showed that renewable power accounted for almost half of 'world's electric capacity in 2013.
Golden Pass, a joint venture between ExxonMobil and QatarEnergy, produces the first LNG in a new Texas facility
Golden Pass 'LNG, a joint-venture between QatarEnergy and Exxon Mobil has produced its first liquefied gas at its Texas facility, the company announced on Monday. This is…
Trump warns Iran again to open Strait of Hormuz
President Donald Trump stated on Monday that the United States is in talks with "a more reasonable regime" about 'ending the war' in 'Iran. He also repeated his warnings to Tehran…
Egypt's Sisi warns that oil prices could reach $200 and says that only Trump can end war.
Abdel Fattah al-Sisi, Egypt's president, called on U.S. President Donald Trump to end the Iran War, saying that only he was capable of doing so. He also warned that fears…
Palm futures reach 15-month high on Indonesian biodiesel plans and crude rally
Malaysian palm oil futures reached a 15-month-high on Monday. This was largely due to expectations that Indonesia will continue its biodiesel-based palm-oil programme. Rising…
Minister says India is boosting its renewable energy efforts amid disruptions in gas supplies
India's junior energy minister stated that the U.S. and Israel?war on Iran? has led to a "gas shortage". Gas accounts for just 2% of India’s total electricity generation.
Oil rally fails to boost drilling as services firms are squeezed
Oilfield services firms around the world are bracing themselves for a 'hit to their earnings, as the Iran War disrupts energy infrastructure in the Middle East. Producers…
EUROPE GAS-European Gas prices rise as supply risks offset lower demand
The benchmark Dutch and British gas prices climbed a little higher on Monday, after the Yemeni Houthis launched their first attack on Israel at the weekend. This increased the U.S.
Palm oil rises in third session due to firm Chicago crude, soyoil and exports
Malaysian palm oil futures rose on Monday for the third consecutive'session,' boosted by higher Chicago soyoil & crude oil prices. Meanwhile, robust export figures continued…
Narelle continues to disrupt Australia LNG despite its weakening from tropical cyclone
Ex-Tropical cyclone Narelle, which has been affecting Australia's Queensland state and Northern Territory since March 20, further affected production at two of Australia’s largest liquefied natural gas plants.
Inpasa, a corn ethanol producer, opens a new plant in Brazil
Inpasa, a corn ethanol producer in Brazil's Bahia State, announced?that it had started operating at its new facility. It aims to produce 470 million liters of biofuel per year.
Oil and gas exploration is back. Energy giants are hunting to replenish reserves
Executives at the CERAWeek Conference in Houston, Texas, this week declared that global energy companies have returned to the basics, focusing their efforts on finding?new oil and gas sources.
Oil rally fails to boost drilling as services firms are squeezed
Oilfield services firms around the world are bracing themselves for a drop in earnings, as the Iran War?disrupts the energy infrastructure throughout the Middle East. Producers…
Baker Hughes reports that US drillers have cut their oil and gas rigs a second time in a week.
Baker Hughes, an energy services firm, said that U.S. firms have 'cut back on the number of oil & /natural gas rigs for a second consecutive week for the first time since mid-January.
US finalizes biofuel blending quotas for 2026-27
On Friday, the 'Trump Administration' finalized a new mandate for biofuel blending volumes for 'the U.S. oil refiners. This required more fuels from corn and agricultural products, than originally proposed.
Russia's Threatens to Divert LNG Cargo From Europe, Options Limited
Russia's threat to halt liquefied natural gas (LNG) deliveries to Europe and divert cargoes to Asia would prove difficult to achieve because of its long-term contracts and need for more Arctic-class tankers…