Tuesday, April 1, 2025

Reuters News

Data shows that Russia's LNG imports fell by 1.2% year-on-year in the first quarter of 2018.

LSEG's preliminary data on Tuesday showed that Russia's LNG exports in the first quarter of this year fell by 1.2% compared to a year ago, reaching 8.1 million metric tonnes. Due to U.S.

M&A revenues fall as Trump pursues his tariffs. Global deal activity is disappointing

The global trade war started by U.S. president Donald Trump, and the subsequent market turmoil, has shattered bankers' expectations for a strong start to Wall Street deals in 2018. Dealogic…

Belgium's king meets Vietnam's leaders, hydrogen deals signed

On Tuesday, King Philippe of Belgium and Vietnamese leaders signed agreements to collaborate in areas such as green hydrogen. The first visit by a Belgian royal to Vietnam is accompanied by a large delegation of businessmen…

The LAPFF in Britain recommends voting against BP Chairman, annual report

The Local Authority Pension Fund Forum in Britain (LAPFF), recommended to shareholders on Monday, that they vote against the reelection of BP Chairman Helge Lund and BP's Annual Report…

India increases gas prices starting April

India's government website revealed on Monday that the price for its locally produced oil field gas has increased by almost 4%, to $6.75/million metric British Thermal Units (mmBtu), compared to $6.50/mmBtu the previous month.

Sempra sells Mexico energy assets and stake in infrastructure unit

Sempra, a utility firm, said it would sell energy infrastructure assets and a minority interest in Sempra Infrastructure in Mexico to fund its $56 billion five-year capital expenditure plan.

Equinor's new Arctic Oilfield will pay off $8 billion investment within 2 years

Equinor said that its Johan Castberg oilfield, located in the Arctic Barents Sea, began production Monday, after several delays. The company expects to recoup the 86 billion Norwegian crowns ($8.14 billion)…

Kremlin: US companies show initial interest in Russian rare-earth projects

On Monday, the Kremlin announced that some American companies have expressed interest in joint rare-earth metals projects with Russia. However, it cautioned that these discussions are still in an early stage. The U.S.

UK shares drop after Trump announces tariff escalation

UK shares fell Monday, after U.S. president Donald Trump said that his tariffs will cover all countries. This intensified a global trade conflict. The blue-chip FTSE 100 fell 1% as of 1011 GMT…

Washington has revoked Repsol's license to operate in Venezuela

A company spokesperson announced on Monday that U.S. officials had notified Repsol of the revocation of its license to import oil from Venezuela. Meanwhile, Spain's Foreign Minister promised to protect Repsol's interest.

Prices for EUROPE GAS remain stable as the storage needs continue to support them

Dutch and British wholesale prices for gas were slightly higher on Monday morning, but are expected to be more volatile this week due to the milder weather being offset by the necessity…

German power prices are boosted by mixed wind signals

German spot power prices for Tuesday were more than twice as high as the French equivalent contract at the start of trading on Monday. This is because wind power supplies are down in Germany, but increasing in France.

Slovak SPP: Gazprom will increase gas supply through TurkStream in April

The CEO of Slovak importer SPP Vojtech Ferencz, who spoke to reporters on Monday, said that Russia's Gazprom would substantially increase its gas supplies to Slovakia via the TurkStream pipe from April.

Gas turbines from GE Vernova will be used in a new Missouri power station

GE Vernova announced on Friday that it has received an order for its aeroderivative GE Vernova gas turbines to be used in Springfield City Utilities (CU)'s new power generating plant in Missouri.

Sources say India is considering scrapping the import tax on US LNG to boost purchases.

Four government and industry sources have said that India is considering scrapping the import tax on U.S. LNG to increase purchases and reduce the trade surplus, which is a major irritation for President Donald Trump.

Alaska Governor briefs Trump on Asia Gas Push as Tariffs Bite

Alaska's Governor said that he would brief U.S. president Donald Trump's Administration after returning from Japan in the next week about progress made to secure Asian support for a project to develop natural gas…

Prices for EUROPE GAS remain stable despite the latest Sudzha gas stations attack

The Dutch and British wholesale prices of gas were mostly unchanged on Friday, as the recent attacks on a Russian supply point were offset by an improved outlook for supply-demand as winter comes to an end.

Jain and Boersma: US LNG exporters may run into a methane problem in Europe

New methane regulations may be a hindrance to the Trump administration's goal of "energy dominance", which is the United States' largest export market. The EU's President Ursula von der…

EUROPE GAS - Prices stable but weather and low storage could support.

The Dutch and British wholesale prices of gas were mostly stable on Friday morning, despite the mild weather. However, a forecast for a cooler climate next week as well as the need to replenish…

On Monday, expect a rise in wind pressure.

On Friday, German and French power prices for the following Monday were not traded. However, a rise in wind energy supply and a slight drop in demand are seen as putting downward pressure on the beginning of the week.

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