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(Reuters) Oil and gas producer ConocoPhillips has signed an agreement to book capacity at the Zeebrugge LNG terminal in Belgium for 18 years, it said in a social media post on Tuesday, in a push to further its global portfolio. Under the terms of the deal, the company will be able to import and regasify …
ConocoPhillips Secures Long-Term Capacity at Belgium LNG Terminal Read More »
(Reuters) Griselda Ascanio keeps an improvised wood-burning stove ready in her backyard in Maracay, 120 kilometers (75 miles) from Venezuela’s capital, for the frequent gas-supply interruptions that make it difficult to cook. “We cannot just cry about it,” said the 44-year-old administrator, who collects branches that fall from trees. “So we have learned to solve …
In Gas-Rich Venezuela, Next President Faces Problem of Producing It Read More »
By Vera Eckert EnBW and subsidiaries to take part in national plan Pipeline group FNB has submitted overall plan to regulator Regulator expected to give approval in two months Aim is for construction to begin next year FRANKFURT, July 23 (Reuters) – EnBW (EBKG.DE) will invest 1 billion euros ($1.09 billion) in Germany’s planned national …
EnBW to Invest 1 bln Euros as Germany’s Hydrogen Grid Takes Shape Read More »
Fires burn close to 388,000 barrels a day of oil production Jasper National Park is evacuated due to wildfire threat Wildfires in Canada’s energy-producing Alberta province are threatening almost 10% of the region’s oil production and forcing the evacuation of one of the country’s largest national parks during the peak summer tourist season. Hot weather …
Canadian Wildfires Threaten Oil Output, Prompt Evacuations Read More »
Nation pitches raising $1 billion from nations, companies Country previously weighed imposing a levy based on production Azerbaijan, the host of this year’s United Nations climate summit, shelved a planned levy on fossil fuel production in favor of creating a voluntary fund with at least $1 billion for mitigation projects in developing countries. The proposed …
COP29 Host Azerbaijan Shelves Fossil Fuel Tax for Voluntary Fund Read More »
(Reuters) – Colombia’s Ecopetrol (ECO.CN), opens new tab is in talks with U.S. oil producer Occidental Petroleum (OXY.N), opens new tab to possibly buy a 30% stake in shale oil producer CrownRock, in a transaction potentially worth $3.6 billion, the North American company said on Friday. Ecopetrol, Colombia’s majority state-owned energy company, said it … …
Colombia’s Ecopetrol in Talks to Buy $3.6 bln CrownRock Stake From Occidental Read More »
Exxon Mobil Corp has agreed to sell its Malaysian oil and gas assets to state energy firm Petronas, exiting the country’s upstream sector where it used to be a dominant producer, two sources with direct knowledge of the matter said. The U.S. major, which last year marked its 130th year in Malaysia, has been trying to …
ExxonMobil Selling Malaysia Oil and Gas Assets to Petronas, Sources Say Read More »
(Reuters) – Global electricity demand is set to grow at its fastest pace in nearly 20 years this year, spurred by increasing demand for air conditioning as temperatures rise, the International Energy Agency (IEA) said in a report on Friday. The trend, expected to continue into 2025, will support ongoing use of coal power, even …
Rising Cooling Demand to Keep Coal Plants Online This Year, IEA Says Read More »
Summary Europe has painful memories of Chinese solar panels German government said it was monitoring Mingyang deal RWE visited Mingyang production in China China exploring production in Europe (Reuters) – Chinese wind turbine-makers this month clinched their first order in Germany, as they build momentum in the European market and add to concern in the …
Chinese Wind Turbine-Makers Move into Europe as Trade Tensions Flare Read More »
Russia’s oil and gas revenue in July is set to rise by 50% year on year to almost $14 billion thanks to stronger oil prices and a weaker rouble, Reuters calculations showed on Thursday. Oil and gas revenue has been the most important source of cash for the Kremlin, accounting for about a third to …
Russia’s July Oil and Gas Revenue to Jump 50% to $14 bln, Reuters Calculations Show Read More »
