Friday, July 18, 2025

Reuters News

Federal Uncertainty Shuts Down NY Offshore Wind Transmission Plan

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The New York State Public Service Commission has terminated its offshore wind transmission planning process due to stalled federal permitting, to protect state ratepayers from premature infrastructure costs…

US Natural Gas Prices Rise to Two-Week High Amidst Hot Weather

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U.S. natural gas futures edged up about 1% to a two-week high on Wednesday as hot weather boosts the amount of gas power generators must burn to keep air conditioners humming and on near…

EDF Weighs Stake Sales in North American, Brazil

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France's EDF is weighing options to bring in capital to both its North American and Brazilian renewables businesses, a company spokesperson said on Wednesday, which could include stake…

Venture Global Proposes Expansion at Plaquemines LNG Facility

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Venture Global wants to expand its Plaquemines LNG export facility by 24.8 million metric tons per annum (mtpa), almost 6 mtpa more than it originally proposed just four months ago, according…

Britian Reforms Energy Scheme to Prioritize Renewables Projects

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The British government on Tuesday made changes to its main scheme for promoting clean energy projects, extending contract lengths and changing how auction budgets are set in a bid to accelerate…

Slow Wind Conditions Curb Generation in Germany

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Renewable energy accounted for 54.5% of Germany's power consumption in the first six months of the year, down 2.7 percentage points from a year earlier, as slow wind speeds curbed generation, data showed on Tuesday.Germany has boo

Venture Global Produces LNG from Phase 2 of Plaquemines Facility

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Venture Global has started producing liquefied natural gas from Phase 2 of its Plaquemines export facility in Louisiana, according to two people familiar with its operations as well as…

Equinor Extends Maintenance Outage at Hammerfest LNG Plant

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Norway's Equinor has extended the maintenance outage at its Hammerfest LNG terminal, Europe's largest liquefied natural gas export facility, by 10 days to July 29, the company said on Monday.The Hammerfest plant in Arctic Norway…

Singapore Marine Bunker Sales Dip in First Half of 2025

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Sales of marine bunker fuel in Singapore dipped slightly in the first half of 2025, official data showed on Monday, as shipping uncertainties in the wake of global tariffs capped demand…

PDVSA Reaches $17.5b in Abroad Oil Sales in 2024

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Venezuelan state-run PDVSA's oil sales abroad in 2024 stood at $17.52 billion, according to a results document seen by Reuters on Friday, as exports jumped due to U.S. licenses allowing…

CPC Corp Looks to Buy US Shale Gas Assets

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Taiwan's state-owned energy company CPC Corp is in early stage discussions to buy shale-gas producing assets in the United States, three sources familiar with the matter said, in a bid…

Saudi Arabia Complying With Voluntary OPEC+ Target

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Saudi Arabia's energy ministry said on Friday the kingdom had been fully compliant with its voluntary OPEC+ output target, adding that Saudi marketed crude supply in June was 9.352 million barrels per day…

Oil Prices Rise as Investors Consider Market Uncertainties

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Oil prices rose over 2% on Friday as investors weighed a tight short-term market against the potential surplus this year forecast by the IEA, while U.S. tariffs and possible further sanctions…

Canada's New LNG Exports Have Yet to Lift Gas Prices

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Last month's start-up of LNG Canada, the country's first large-scale liquefied natural gas export facility, has failed to lift Western Canadian natural gas prices as quickly as some market participants and observers expected…

European Commission to Propose Floating Price Cap on Russian Oil

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The European Commission is expected to propose a floating Russian oil price cap this week as part of a new draft sanctions package in an attempt to overcome opposition from some member states…

Venture Global to Supply Additional LNG to SEFE Energy From Calcasieu Pass 2

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Venture Global will supply an additional 0.75 million tonnes per annum of liquefied natural gas to Germany-based distributor SEFE Energy GmbH, the two companies said on Wednesday.Shares of the U.S.

Saudi Aramco Discusses LNG Purchase to Support Commonwealth LNG's Market Growth

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Oil giant Saudi Aramco is in talks with Commonwealth LNG to buy liquefied natural gas from the U.S. company's proposed facility in Cameron, Louisiana, as it seeks to strengthen its position in the market for the superchilled fuel…

Oil Prices Rise Alongside High Demand, Red Sea Shipping Attacks, and Lower US Production

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Oil prices rose on Wednesday as investors weighed strong U.S. gasoline demand data, attacks on shipping in the Red Sea, and a forecast for lower U.S. oil production.Brent crude futures were up 38 cents…

Urals Crude Differentials Firm Amidst India Demand

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Urals crude differentials to dated Brent firmed amid strong demand for the grade in India, traders said and Reuters calculations showed, while Azeri BTC oil loadings were set to remain steady for August…

EDF Appoints Several Directors to Board Ahead of New Nuclear and Hydropower Projects

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France's state-owned EDF has appointed several new directors to its board and will reorganise the group's operations in anticipation of its plans to build six new nuclear reactors and increase investments in hydropower…

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