Oil Price Swings Challenge Big Oil Trading Profits
While analysts and investors largely expect to see lower earnings at the world’s top oil and gas majors for the second quarter, due to weaker oil prices, they have fewer…
EU Sanctions Disrupt Fuel Exports of Indian Refiner Nayara Energy
Indian refiner Nayara Energy, in which Russia’s top oil firm Rosneft holds 49%, is already experiencing disruption to its fuel exports, days after the EU sanctioned the refiner for being…
Trump Hints at U.S.-Japan LNG Joint Venture
As U.S. President Donald Trump touted “the largest trade deal in history” with Japan, he also noted that the United States and Japan are set to conclude another deal to…
TotalEnergies Launches LNG Bunkering JV with Shipping Group
TotalEnergies and shipping giant CMA CGM Group will create a joint venture to provide LNG bunkering supply services at the port of Rotterdam, Europe’s largest, in a bid to help…
Equinor’s Earnings Drop on Lower Oil Prices
Equinor (NYSE: EQNR) booked lower core earnings for the second quarter compared to a year earlier amid lower oil prices, kicking off the earnings season of the international majors, all…
UK set to start work on 10 hydrogen projects
The UK government has confirmed that 10 projects from the first phase of its flagship hydrogen programme – Hydrogen Allocation Round (HAR1) – can begin construction. In the Autumn Budget…
Two more US LNG projects should by funded soon, says Drewry
Two LNG projects totalling around 20 million tonnes per year of capacity – CP2 phase 1 and Commonwealth LNG – are next in line for final investment decision (FID) approval,…
NYK Line powers two carriers on bio-LNG
NYK Line has started the continuous use of bio-LNG fuel on two of its LNG-powered car carriers. The bio-LNG was supplied by Titan Supply B.V. (Titan) at the port of…
ConocoPhillips in Talks to Sell Oklahoma Assets
One of the top U.S oil and gas producers, ConocoPhillips, is in an advanced stage of discussions to sell assets in Oklahoma to privately-held Stone Ridge Energy in a deal…
AI Demand Drives Largest U.S. Electricity Auction Price to Record High
Demand for electricity from data centers handling AI technology drove the price of the largest electricity auction in the United States to a new record, exceeding last year’s all-time high…
