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Palm slips as China tariffs are cut and Indonesia B50 is cancelled
Malaysian palm futures fell on Monday as China cut import tariffs on Canadian Canola, and Indonesia canceled plans for its B50 Biodiesel mandate, but the festival demand provided some support. By midday, the benchmark contract for April palm oil on Bursa Derivatives Exchange fell 15 ringgit or 0.37% to 4,057 Ringgit ($1,000.99).
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According to a consultant, India's leading renewable state will need more coal by 2036.
According to a government report, Rajasthan will require 4,400 megawatts by 2036 in order to "meet the rising electricity demand" despite India's leading renewable energy producer adding more?"clean energy" as it retires older thermal plants. According to a letter from the Central…
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Prices of gas in Europe fall due to higher temperatures forecasts and technical selling
The benchmark British and Dutch wholesale gasoline prices dropped about 9% Monday, as the weather forecast showed warmer temperatures than expected. Technical selling also weighed heavily on the market after it had retraced its 'near seven-month high hit on Friday. Data compiled by…
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Smulders to Deliver Jacket Foundation for French Offshore Wind Substation
Engineering firm Smulders has been selected by Chantiers de l’Atlantique to execute the engineering, procurement and construction (EPC) of the offshore substation jacket foundation for the 600MW Dunkerque offshore wind farm in France.The jacket foundation will support the offshore substation for the project…
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VEGOILS - Palm flat due to China canola tariff reduction, Indonesia B50 cancellation weighing
Malaysian palm futures were not much changed on Monday as China's plans for a reduction in import?tariffs of Canadian canola, and Indonesia's decision to cancel its B50 'biodiesel' mandate, weighed on market. However, upcoming festival demand lent some support. At the close, the benchmark…
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Floods in Mozambique force thousands of people to flee, President cancels Davos trip
Witnesses and officials reported that severe floods in Mozambique caused by heavy rainfall forced thousands to leave their homes.
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Engie continues to invest in Middle East renewables, as the momentum in US and Europe slows
Engie has reached the 'financial close on a 1.5 Gigawatt solar park, its largest in the world, said the French utility on Monday.
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After abrupt Kurdish retreat, Syrian troops consolidate their hold
On Monday, Syrian government forces tightened their grip across a large swath of territory in the north and east that was…
Latest news
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German Front-year is impacted by the warmer weather and tariff threats
Early trading on Monday saw forward-curve power contracts fall, following the decline in gas and carbon contracts due to…
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Masdar and Engie, both from the UAE, reach financial closure on the 1.5 GW Khazna Solar Project
Masdar, a UAE-based company, and Engie, a French company have completed a 1.5-gigawatt project in Abu Dhabi. They secured…
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Mozambique president cancels Davos trip due to severe floods
Mozambique President Daniel Chapo cancelled his trip to Davos for the World Economic Forum this week because of severe flooding…
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China's fossil fuelled power drops for the first time in 10 years as a result of renewables
China's coal-based thermal energy generation in 2025 fell for the first time in 10 years, according to government data released on Monday.
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China's crude and gas production, refinery throughput in 2025 will reach new heights
Government data released on Monday showed that China's crude oil production and refinery throughput will both reach new highs in 2025…
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Palm oil prices will average lower in 2026 due to higher supply and weak biofuel demand
A poll revealed that Malaysian crude palm futures prices are expected to be slightly lower than they were last year in 2026…
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Philippines discovers first natural gas in over a decade
The Philippine President Ferdinand Marcos Jr announced on Monday that gas and condensate were found in a well near the existing 'Malampaya' gas field…
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Zelenskiy, the Ukrainian Zelenskiy, orders faster imports for electricity and power equipment
Volodymyr Zelenskiy, the president of Ukraine, said that he has ordered imports to be as fast as possible. This is because…
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JERA Nex BP will buy EnBW’s stake in UK’s Mona offshore Wind project
JERA Nex BP has announced that it will purchase its partner EnBW’s stake in Mona 'offshore wind project. It also signed a…
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Baker Hughes reports that US drillers have cut their oil and gas rigs a second time in a week.
Baker Hughes, a leading energy services company, said in its closely watched report published on Friday that U.S. firms have…
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Another legal defeat for Trump as US judge allows Dominion to restart offshore wind project
Federal judge cleared Dominion Energy, a U.S. energy company to resume its Virginia offshore project on Friday. This is the…
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US Judge weighs Dominion's request to restart Virginia offshore Wind Project Stopped by Trump
In a lawsuit filed against the Trump administration, a federal judge will decide on Friday whether to allow Dominion Energy?to…
Shale Oil & Gas
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Philippines discovers first natural gas in over a decade
The Philippine President Ferdinand Marcos Jr announced on Monday that gas and condensate were found in a well near the existing 'Malampaya' gas field…
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Zelenskiy, the Ukrainian Zelenskiy, orders faster imports for electricity and power equipment
Volodymyr Zelenskiy, the president of Ukraine, said that he has ordered imports to be as fast as possible. This is because…
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JERA Nex BP will buy EnBW’s stake in UK’s Mona offshore Wind project
JERA Nex BP has announced that it will purchase its partner EnBW’s stake in Mona 'offshore wind project. It also signed a…
LNG
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Asia Spot LNG Prices Rise with South Korean Demand
Asian spot liquefied natural gas prices edged up this week as forecasts for colder weather boosted demand in South Korea…
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US Natural Gas Futures Rise Alongside LNG Export Demand
U.S. natural gas futures rose 4% on Tuesday, boosted by record gas flows to liquefied natural gas export plants and forecasts…
Renewables
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Palm oil prices will average lower in 2026 due to higher supply and weak biofuel demand
A poll revealed that Malaysian crude palm futures prices are expected to be slightly lower than they were last year in 2026…
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Another legal defeat for Trump as US judge allows Dominion to restart offshore wind project
Federal judge cleared Dominion Energy, a U.S. energy company to resume its Virginia offshore project on Friday. This is the…
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US Judge weighs Dominion's request to restart Virginia offshore Wind Project Stopped by Trump
In a lawsuit filed against the Trump administration, a federal judge will decide on Friday whether to allow Dominion Energy?to…