World Energy News

Poland, US Look to Boosting US LNG to Central Europe

Top Polish and U.S. energy officials discussed a potential boost of supplies of U.S. liquefied natural gas (LNG) via Poland to Central Europe to reduce the region's dependence on Russian gas, Poland's energy ministry said on Tuesday.Last week, Poland's Deputy Energy Minister Wojciech Wrochna and U.S.
Second LNG Carrier Departs from Sanctioned Portovaya LNG Plant

A second gas carrier has departed from Russia's U.S.-sanctioned Portovaya LNG plant on the Baltic Sea after a hiatus, in search of a foreign buyer, showing Russia's continued efforts to flout restrictions on LNG sales, LSEG data showed on Wednesday.According to the ship-tracking data…
Cenovus Reports Rise in Q3 Profit

Cenovus Energy reported a rise in third-quarter profit on Friday, driven by record oil sands production and near-full refinery utilization that helped offset weaker crude prices.The Calgary, Canada-based oil and gas producer pursues a major expansion through its planned acquisition…
J-Power to Shut Two Coal-Fired Power Plants

Japan's Electric Power Development (J-Power) said on Friday it will decommission two coal-fired power plants by March 2029 as part of efforts to meet its 2030 goal of cutting carbon dioxide emissions by 46% from 2013 levels.President Hitoshi Kanno also reaffirmed the company's commitment…
Bulgaria Temporarily Bans Fuel Exports to EU Following Lukoil Sanctions

Bulgaria's parliament temporarily banned on Friday exports of some fuels, mainly diesel and aviation fuel, to EU member states to ensure the stability of the local market following U.S. sanctions on Russia's Lukoil, which runs the country's biggest oil refinery.Last week, Bulgaria…

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Shale Oil & Gas

Cenovus profits jump on record production and refinery strength

Cenovus Energy reported a higher third-quarter profit Friday. This was due to record oil sands output and a near-full utilization of the refinery, which helped offset lower crude prices. The U.S. listed shares of Canadian oil and Gas Producer rose 1.5% during premarket trading. The Calgary-based company's results are coming as it plans a major expansion with its planned acquisition of MEG Energy for about $6 billion.

LNG

Second LNG Carrier Departs from Sanctioned Portovaya LNG Plant

A second gas carrier has departed from Russia's U.S.-sanctioned Portovaya LNG plant on the Baltic Sea after a hiatus, in search of a foreign buyer, showing Russia's continued efforts to flout restrictions on LNG sales, LSEG data showed on Wednesday.According to the ship-tracking data, gas carrier Valera, previously named Velikiy Novgorod, had departed from the Gulf of Finland. It was due to arrive at an unspecified location on January 15…

Renewables

J-Power shuts down two coal-fired plants and commits to offshore wind project

J-Power, Japan's Electric Power Development Company (J-Power), announced on Friday that it would decommission 2 coal-fired plants by March 2029 in order to achieve its 2030 goal of reducing carbon dioxide emissions by 46 percent from 2013. Hitoshi Kano also reiterated the company's intention to complete the Oga, Katagami, and Akita offshore project in the northern Akita Prefecture within the framework of Japan's public auction second round.

Poland, US Look to Boosting US LNG to Central Europe

Second LNG Carrier Departs from Sanctioned Portovaya LNG Plant

Cenovus Reports Rise in Q3 Profit

J-Power to Shut Two Coal-Fired Power Plants

Bulgaria Temporarily Bans Fuel Exports to EU Following Lukoil Sanctions

Brazilian prosecutors investigate the illegal use of native timber in corn ethanol manufacturing

Sources say US Gulf producer LLOG Exploration is interested in selling at a $3 billion valuation.

Baker Hughes reports that US oil and gas drillers have cut back on rigs in the US for the first time in 3 weeks.

Latest news

EIA data show that US oil and gas production reached a new record high in August.

Fashion brands boost solar energy with textile suppliers

Exxon lifts force majeure on LNG project in Mozambique

Inpasa begins construction of new grain-ethanol plant worth $445.2 Million in Brazil's Goias State

US Energy Secretary: There are many opportunities for mutually beneficial energy trade with China

Canada's Imperial Oil surpasses profit expectations on record production and strong refining

Cenovus profits jump on record production and refinery strength

J-Power shuts down two coal-fired plants and commits to offshore wind project

EUROPE GAS-European gas prices continue to ease on mild and windy weather

Exxon exceeds Q3 profit expectations on higher Guyana and Permian production

Exxon exceeds Q3 profit expectations on higher Guyana and Permian production

German Wind seen increasing on Monday as Demand Falls

Shale Oil & Gas

Cenovus profits jump on record production and refinery strength

Exxon exceeds Q3 profit expectations on higher Guyana and Permian production

Exxon exceeds Q3 profit expectations on higher Guyana and Permian production

BP Indonesia imports fuel from Pertamina to replenish after a shortage, the company reports.

LNG

Second LNG Carrier Departs from Sanctioned Portovaya LNG Plant

Poland, US Look to Boosting US LNG to Central Europe

North American LNG Exporters Look to Double Capacity by 2029

UK Targets Lukoil, Rosneft, Shadow Fleet with Sanctions

Renewables

J-Power shuts down two coal-fired plants and commits to offshore wind project

EUROPE GAS-European gas prices continue to ease on mild and windy weather

German Wind seen increasing on Monday as Demand Falls

Executives say that Japanese utilities could find a replacement for Sakhalin-2 in the event of LNG supply interruption.

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