World Energy News

French spot increases on weakened wind supply

The French spot electricity price on Tuesday increased as the wind generation output was expected to decline while demand was expected to increase due cooler temperatures. The French day-ahead 'baseload power' price at 0912 GMT was 89 euros ($104.42), up 20.4% on the Friday closing price for Monday delivery.
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 Bursa Malaysia's Derivatives exchange fell 12 ringgit or 0.3% to 4,006 Ringgit ($979.46), a metric tonne, as of the close.
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 latest attempt to stop Energy & Minerals Group (EMG), a private equity firm backing Ascent, from selling a stake of more than 30% in the company to another fund…
Japan wants to give partners of state entities more flexibility to secure LNG supplies

The industry ministry announced on Tuesday that Japanese companies would be able to exercise more control over JOGMEC-backed liquefied gas joint ventures and also recover their investment faster. At a meeting of the committee on fuel and resource policy, the Ministry of Economy, Trade…
Japanese companies to gain more control over LNG joint ventures with state-backed groups

The industry ministry announced on Tuesday that Japanese companies would gain more control over JOGMEC-backed liquefied natural gas joint ventures and recover their investments faster as part of measures aimed to strengthen the nation's security in energy. The Ministry of Economy…

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Shale Oil & Gas

Kazakhstan to see arbitration decision on Karachaganak by year's end

Yerlan Aktenzhenov, Kazakhstan's Energy Minister, said on Monday that a decision in the arbitration?case involving a consortium of international companies developing the Karachaganak -oil -and -gas condensate?field?would be expected by year's end. Akkenzhenov told reporters in Astana that there are arbitration proceedings relating to the Karachaganak Project. We are expecting a decision to be made this month and by the end of this year.

LNG

Gazprom Delivers First LNG Cargo to China Post Sanctions

Russian energy giant Gazprom has delivered a liquefied natural gas cargo from Portovaya LNG plant to China, in the first such shipment since the United States introduced sanctions against the project in January, LSEG data showed on Monday.Gas carrier Valera, formerly known as Velikiy Novgorod, brought the cargo from the Baltic Sea's plant to the Beihai LNG terminal, LSEG ship-tracking data showed.Russia's…

Renewables

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 Bursa Malaysia's Derivatives exchange fell 12 ringgit or 0.3% to 4,006 Ringgit ($979.46), a metric tonne, as of the close. Dalian's most-active palm oil contract fell 0.96%, while the soyoil contract declined 0.95%. Chicago Board of Trade soyoil prices rose 0.12%.

French spot increases on weakened wind supply

Palm oil prices drop on Dalian weakness and stronger Ringgit

FT reports that US investor Kimmeridge has offered $6 billion to gas driller Ascent Resources

Japan wants to give partners of state entities more flexibility to secure LNG supplies

Japanese companies to gain more control over LNG joint ventures with state-backed groups

Palm oil closes at its lowest level in six months amid concerns about rising stocks and weaker competitor oils

Kyivstar, Ukraine's largest mobile network operator, purchases solar power plant for increased resilience

Prices fall despite short-term bullish factors

Latest news

Shell mergers chief Greg Gut quit after CEO blocked BP bid, FT reports

Palm extends its losses due to concerns about rising stocks and weaker competitors oils

Japan's JX claims its Pan Pacific Copper division sold stake in Peruvian mining to Glencore

Japan's JX claims its Pan Pacific Copper division sold stake in Peruvian mining to Glencore

Intercontinental Exchange sets Dutch gas trading record and aims for longer trading hours

Prices for gas in Europe are little changed, as the cooler weather increases demand

Palm recoups losses early, but stronger ringgit caps advances

China's crude oil imports in November rose 3.9% due to new import quotas

Tokyo Gas CEO: More than half of investments in overseas markets will be directed to the US within 3 years.

Nigeria grants permits for gas-flaring projects, aiming at $2 billion investment and a 3 GW potential

Shale Oil & Gas

Kazakhstan to see arbitration decision on Karachaganak by year's end

China's crude oil imports in November rose 3.9% due to new import quotas

Tokyo Gas CEO: More than half of investments in overseas markets will be directed to the US within 3 years.

Baker Hughes reports that US drillers have cut back on oil and gas rigs a second time in the last three weeks.

LNG

Gazprom Delivers First LNG Cargo to China Post Sanctions

US LNG Exports Hit Record High in November on Cooler Weather

Saudi Aramco to Sign US LNG Supply Agreements

Canada Names Ksi Lisims LNG Project for Fast-Tracking

Renewables

Palm oil prices drop on Dalian weakness and stronger Ringgit

French spot increases on weakened wind supply

Solarig, a Spanish company, invests over $400 Million in Poland in biomethane facilities

Palm recoups losses early, but stronger ringgit caps advances

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