Arena Energy set to win nine blocks in Gulf of Mexico Lease Sale BBG3
Arena Energy has been selected as the apparent high bidder for nine Outer Continental Shelf blocks in the Gulf of America after participating in the …
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Argent LNG, Albania sign MoU for coastal LNG terminal
Argent LNG and the Albanian government have signed a non-binding memorandum of understanding (MoU) to jointly consider the development of a large-scale liquefied natural gas …
Read Full ArticleIndia Calls for Bigger Biofuel Push as Oil Prices Soar
India needs to expand biofuel production and consumption to boost its energy security as crude oil prices soar amid the Middle East crisis, according to …
Read Full ArticleGlobal Clean Investment Falls 17% as China Pullback Takes Its Toll
Investment in what most call clean technologies dropped by 17% over the first half of the year, as China switched from subsidies to a market-based …
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Enbridge to buy Tallgrass crude oil transport business for $2.5bn
Enbridge has agreed to acquire the crude oil transportation business of US-based energy infrastructure company Tallgrass Energy in a transaction valued at $2.55bn in cash.
Read Full ArticleAustralia Softens Gas Reservation Rule for LNG Exporters
Australia’s government has relaxed gas supply rules for producers aimed at securing enough gas for the domestic market. Originally, the rules stipulated that producers should …
Read Full ArticleOil Holds Above $100 as U.S.-Iran Tanker War Escalates
Crude oil prices held near recent highs after rallying sharply earlier this week, with gains driven by an escalation in the U.S.-Iran conflict and intensifying …
Read Full ArticleOil Breaks $100—and This Rally Has Legs
For months, crude oil prices have been constrained by reports of improving tanker traffic in the Strait of Hormuz. Even after the June ceasefire between …
Read Full ArticleCanadian Oil Pushes Deeper Into U.S. Gulf Coast Market
For decades, the United States has been Canada’s most important energy partner, absorbing the lion’s share of its oil and gas production. After meeting its …
Read Full ArticleThe Commodity Bull Market Just Entered a Dangerous New Phase
Readers are familiar by now with the broad-based commodity rally, with energy, agricultural products and metals moving sharply higher as former Goldman Sachs commodities head …
Read Full ArticleU.S. Crude Stocks Edge Lower as Oil Tops $100
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell 300,000 barrels in the week ending September 4. In the …
Read Full ArticleNegative Power Prices Are Piling Up Across Europe
Europe desperately needs to ramp up its energy storage capacity if it wants to avoid another energy crisis. In the wake of Vladimir Putin's invasion …
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