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Woodside Energy in Australia says that it has no knowledge of any Exxon Mobil proposal.
Woodside Energy, Australia's energy company, said on Monday that it was not aware of any?proposal by Exxon Mobil in the United States and had not been involved in discussions about a possible transaction. This is in response to recent media speculation. Woodside's share price fell…
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Danish energy trader Goldman-backed targets US gas expansion after results plummet
The founder and chairman of Danish energy trader InCommodites said that the group, which is backed by Goldman Sachs?, will expand into the U.S. gas market. The company reported on Monday a profit of EUR2,95 million ($3.41million) for 2025, down from EUR72.5 millions the previous year. This is far below its stated forecast of EUR85-195 million.
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Energy shares drop as Iran deal reduces Hormuz disruption risks
U.S. Energy shares fell on Monday in premarket trading as crude prices dropped after Washington and Tehran reached a preliminary deal that could end the months-long conflict and open?the Strait of Hormuz. The?U.S. The?U.S. U.S. president Donald Trump announced on Sunday that the Strait of Hormuz would be "toll-free" and a U.S.
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US Energy Shares Fall, Crude Prices Drop as US and Iran Make Deal
U.S. energy shares fell on Monday as crude prices dropped after Washington and Tehran agreed terms to end their months-long conflict and reopen the Strait of Hormuz, a vital oil transit chokepoint.The U.S. and Iran will sign a memorandum of understanding in Switzerland on Friday, said the prime minister of Pakistan…
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Trump's controversial plan to price minerals is met with skepticism from the G7 and a divided industry
According to diplomatic sources, and an analysis of corporate policies, the Trump administration's plan to increase critical?minerals by regulating prices has been met with skepticism from G7 allies, and a divided industry. Negotiations for a Western Trading bloc have stalled over concerns regarding cost and governance.
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North Korea's state media touts the'miracles of industrial production' when output exceeds target
North Korea's industrial production reached 105% of its planned 'targets' in the 100 days following the ruling party's congress in February.
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ConocoPhillips to sign agreement with Syria to restart gas production, reports FT
The Financial Times, citing people familiar with this matter, reported that U.S. Oil and?Gas Producer ConocoPhillips was…
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Michael Belenkie, CEO of Advantage Energy, steps down. An interim leader is named.
Michael Belenkie, president, CEO, and board director of Canadian company Advantage Energy, announced on Monday that he has resigned…
Latest news
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It will take several months for the Middle East to recover its oil and gas production
LONDON, 15 JUNE - An agreement framework between the U.S.A. and Iran to end the war and reopen Strait of Hormuz has sent…
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Colombia's Ecopetrol signs final agreement with the main union
Ecopetrol, Colombia's state run oil company, has announced that it has signed a new collective bargaining agreement (CBA)…
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Palm oil is weaker than rival oils and crude
Malaysian palm futures fell Monday, following rival vegetable oils?in Chicago and Dalian, while crude oil prices also weighed on sentiment.
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Energy shares drop as Iran deal reduces Hormuz disruption risks
U.S. Energy shares fell on Monday in premarket trading as crude prices dropped after Washington and Tehran reached an initial…
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EUROPE GAS - Prices fall on Iran and US peace deal but recovery pace is now key
Dutch and British natural gas contracts dropped?around 5 percent on Monday morning on the?news that the U.S. will end its…
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Australian unions plan to extend Inpex LNG strike beyond June 23
Australia's Offshore Alliance announced on Monday that it will notify Inpex about its plans to extend industrial action beyond June 23.
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Palm oil is flat as crude and rival oils weaken.
Malaysian palm futures were mostly unchanged on Monday after dropping to 4,438 Ringgit in the early trade due to easing oil prices.
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Baker Hughes reports that US energy companies have cut back on drilling for the first time in eight-weeks.
Baker Hughes, a well-respected energy services company, said that U.S. firms had 'cut back on the number of operating rigs…
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Palm snaps three-week winning run as El Nino worries weigh
Malaysian palm futures fell more than 1% on Friday as traders were cautious about El Nino's potential impact on future rain and production.
Shale Oil & Gas
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Australian unions plan to extend Inpex LNG strike beyond June 23
Australia's Offshore Alliance announced on Monday that it will notify Inpex about its plans to extend industrial action beyond June 23.
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China's coal region will expand coal to oil output as part of energy security drive
China's coal-producing region plans to build China's largest base to convert?coal to oil, gas, and chemicals, to reduce the…
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Western Australia opposes a possible Exxon acquisition of Woodside Energy
Roger Cook, Premier of the State, said that on Sunday, the West Australian government would try to prevent a takeover by…
LNG
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TotalEnergies Remains Silent as Russia Approves Sale of Arctic LNG 2 Stake
Russian President Vladimir Putin has approved the sale of a 10% stake in the sanctioned Arctic LNG 2 project held by France's…
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SEFE, Ksi Lisims LNG Agree on long-Term LNG Supply
German state-owned gas importer SEFE said on Wednesday it agreed to purchase 1 million tonnes of liquefied natural gas per…
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Revenue for Russian LNG Exports Decreases as Shift to Asia Doubles Costs
Russia's diversification of its liquefied natural gas exports to Asia after the loss of the European market will cut its…
Renewables
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Palm oil is flat as crude and rival oils weaken.
Malaysian palm futures were mostly unchanged on Monday after dropping to 4,438 Ringgit in the early trade due to easing oil prices.
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EU makes it harder to suspend carbon tax on imports
The European Union countries agreed to limit the circumstances in which they can suspend the carbon emission fee on imported goods.
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Palm snaps three-week winning run as El Nino worries weigh
Malaysian palm futures fell more than 1% on Friday as traders were cautious about El Nino's potential impact on future rain and production.
