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HomeInternational News

International News

Crude Oil News

Trafigura: Iran Sanctions Are Biggest Bullish Catalyst On Oil Prices

February 26, 2025 Clark Savage

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 […]

‘Assault On American Sovereignty’: Red State Officials Urge Trump To Probe EU’s Corporate Climate Mandates
Energy Regulations

‘Assault On American Sovereignty’: Red State Officials Urge Trump To Probe EU’s Corporate Climate Mandates

February 26, 2025 Mariel Alumit

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 […]

Nuclear Reactors
ENB Pub Note

Restarting Germany’s Nuclear Reactors

February 26, 2025 Mariel Alumit

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 […]

LNG-powered truck fleet
International News

China’s huge LNG-powered truck fleet continues to expand

February 26, 2025 Mariel Alumit

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 […]

Petronas
Exports

Malaysia’s Petronas boosts LNG sales in 2024

February 26, 2025 Mariel Alumit

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
Exports

Samsung Heavy launches Petronas’ third FLNG

February 26, 2025 Mariel Alumit

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 […]

ExxonMobil
Big Oil Companies

ExxonMobil to invest around $200m into Australian offshore gas project

February 26, 2025 Mariel Alumit

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 […]

offshore wind farm
Finance

Copenhagen Infrastructure Partners buys 480MW UK offshore wind farm

February 26, 2025 Mariel Alumit

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
Cyber Terrorism

Another cable severed off Taiwan

February 26, 2025 Mariel Alumit

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. […]

No Picture
Exports

Has the LNG sector passed rock bottom?

February 25, 2025 Stu Turley

No deep dive into any industry or sector should start with a downer. However, there are no two ways about it – the LNG shipping sector has been in freefall of late and nothing earth-shattering […]

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