UK-based energy giant BP has announced it will cut its renewable energy investments and instead increase its investment in oil and gas production. The company buckled under pressure from investors who were unhappy over the […]
Trafigura Head of Trading: U.S. foreign policy vis-a-vis Iran is the main upside risk for oil. Last year, Trump pledged in his Republican National Convention speech to dramatically lower Iranian oil exports. On Tuesday, the […]
Twenty-six financial officials from 21 states wrote to President Donald Trump on Tuesday urging him and his administration to review European Union (EU) climate rules applying to U.S. companies operating in Europe as part of […]
ENB Pub Note: This article is from the Energy Reminations Substack and was written by Doug Sandridge, who is a friend of the ENB Podcast. He has extensive international energy knowledge, and I interviewed Doug […]
Shell revealed this in its newest LNG Outlook on Tuesday. However, the UK-based firm did not provide many details regarding the fleet. Shell released a graph (below) showing that China’s LNG-powered truck fleet is expected […]
The company’s LNG sales rose by 9 percent year-on-year to 35.7 million tonnes last year, compared to 32.90 million tonnes in 2023. Sales also rose compared to 34.23 million tonnes in 2022 During the first half […]
Samsung Heavy held the launching ceremony for PFLNG Tiga (SN 2661) on Wednesday. According to the shipbuilder, more than 150 people attended the ceremony, including officials from Petronas and Japan’s JGC. Samsung Heavy officially started […]
US supermajor ExxonMobil has announced a nearly $200m investment in the Kipper 1B Project, bringing online much-needed additional gas supply from the Gippsland Basin. The project, approved by ExxonMobil subsidiary Esso Australia and its co-venturers […]
Danish fund manager and renewables investor Copenhagen Infrastructure Partners (CIP) has taken full ownership of the Morecambe offshore wind project from COBRA Group and Flotation Energy. The financial terms of the transaction are not disclosed. […]
Taiwan’s coast guard detained a cargo ship and its Chinese crew on Tuesday. The vessel is suspected of damaging the cable connecting Taiwan to its outlying Penghu Islands, Taiwan’s coast guard said in a statement. […]
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