Latest news

Scandinavia
May 25, 2024

Baltic index posts weekly dip as larger vessel rates pull back

The Baltic Exchange's main sea freight index fell on Friday and snapped a sixweeklong winning streak, weighed down by a dip in rates for the larger capesize...

Denmark
May 25, 2024

Japan picks JRE, Ibedrola, Tohoku Electric for offshore wind farm

The Japanese government has selected a consortium making up Japan Renewable resource, Iberdrola Renewables and Tohoku Electric Power as the wind power operator for an overseas block...

Japan
May 25, 2024

International stocks edge below latest all-time highs

European stocks were mostly lower on Friday, edging below current alltime highs in a. relocation attributed to profittaking after a busy week of main. bank moves, while...

Ukraine
May 25, 2024

Ukraine intends to begin setting up atomic power plants from Bulgaria in June

Ukraine wishes to sign an offer in June to buy 2 atomic power plants from Bulgaria as it seeks to compensate for the loss of its vast...

China
May 25, 2024

China energy regulator expects power output to increase 5.3% this year

China's power generation is anticipated to reach 9.96 trillion kilowatt hours (kWh) in 2024, according to the nation's energy regulator, implying a growth rate of 5.3% on...

Thailand
May 25, 2024

Asia spot LNG gains on supply concerns, constant need

Asian area liquefied natural gas (LNG) prices edged up today to a sixweek high in the middle of supply issues and following some area demand pickup from...

Switzerland
May 25, 2024

Worldwide stocks edge pull back from latest all-time highs

European stocks were mixed in early trading on Friday after careful Asian markets put a. dampener on the current equity rally, in a move attributed to. profittaking...

Mexico
May 25, 2024

Mexico's Pemex delayed repairs regardless of vast methane leaks: sources and documents

Mexican state energy company Pemex delayed urgent repairs and upkeep at an crucial overseas platform for months, leading to methane gushing into the environment, according to internal...

Switzerland
May 25, 2024

MORNING BID AMERICAS-Dollar surges after central bank barrage, Apple bruised

A take a look at the day ahead in U.S. and worldwide markets from Mike Dolan The U.S. dollar seems to have emerged a clear winner from...

Taiwan
May 25, 2024

Taiwan to raise electricity rates by average of 11%.

Taiwan will raise electrical energy costs by an average of 11% beginning with April 1 consisting of a 25% boost for large industrial users to assist arrest...

United Kingdom
May 25, 2024

Exxon ahead of schedule on doubling LNG portfolio, officer says

Exxon Mobil is ahead of schedule with its plan to double the size of its melted natural gas (LNG) portfolio to 40 million lots per year (mtpa)...

Ukraine
May 25, 2024

Ukraine says inhabited Zaporizhzhia nuclear power plant on brink of blackout

Ukraine's nuclear power business stated on Friday the Russianoccupied Zaporizhzhia nuclear power plant, which requires constant external power to prevent a. disaster, was on the brink of...

Oil & Gas
May 25, 2024

Russian government says fuel freights to take concern on trains

The Russian energy ministry said on Friday that the transport of fuel would take concern on trains as the government tries to reduce lacks and keep a...

Venezuela
May 25, 2024

PetroChina's Jieyang refinery to get very first Venezuelan oil freight

PetroChina's Jieyang refinery will get its first direct crude oil freight from Venezuela this weekend, according to trade sources and shiptracking data on Kpler, after Washington temporarily...

Malaysia
May 25, 2024

China gloom draws life out of rate cut cheer in Asia

The yuan fell dramatically on Friday and Chinese shares skidded, dragging down markets broadly in Asia and dampening an equity rally stimulated by a surprise rate cut...

United Kingdom
May 25, 2024

Australia shares end lower as resource business, banks drag

Australian shares fell on Friday dragged by commoditylinked stocks and banks, while investors absorbed policy announcements from central banks and strongerthananticipated local tasks information today. The S&P/...

Japan
May 25, 2024

Japan's Itochu, Taiwan's U-Ming Marine Transport to study joint operation of ammonia-fuelled ships

Japanese trading home Itochu Corp will study joint ownership and operation of ammoniafuelled ships with Taiwan's UMing Marine Transport Corp. , Itochu stated in a declaration, as...

United Kingdom
May 25, 2024

More investors push Glencore to keep coal post-Teck offer

A growing group of Glencore financiers are keen for it to keep mining coal rather of drawing out the soontobe enlarged unit, with one eye on its...

Hong Kong
May 25, 2024

China gloom draws life out of Asia's rate cut cheer

Chinese stocks slumped on Friday and the yuan fell, dragging down markets broadly in Asia and rupturing an equity market rally stimulated by a surprise rate cut...

Africa
May 25, 2024

Europe, Africa oil markets damage on refining upkeep, extra supply

Crude oil physical markets in Europe and Africa have actually compromised in reaction to peak refinery upkeep and additional supply from the United States and Saudi Arabia,...

China
May 25, 2024

China's CNOOC files arbitration over Hess stake in Guyana oil block

Chinese overseas oil and gas major CNOOC stated it had filed an arbitration claim to develop a right over Hess' stake in the huge Guyana oilfield Stabroek...

United States
May 25, 2024

China gloom sucks life out of Asia's rate cut cheer

Chinese stocks were a. sea of red on Friday and the yuan fell greatly, dragging down. the wider mood in Asia and putting a damage in the...

Australia
May 25, 2024

M Resources, GEAR plan funding round after $1.65 bln coal mine buy, source says

Australian coal trader M. Resources and Singapore's equipment strategy a financing round after their. $ 1.65 billion purchase of South32's Illawarra. metallurgical coal operations, a source knowledgeable...

Taiwan
May 25, 2024

Asia shares on a roll as SNB kicks off rate cuts

Asian stocks were near a. weekly gain on Friday and the Nikkei credited a record high,. riding a rally from its worldwide counterparts after a surprise. rate...

Egypt
May 25, 2024

Egypt raises large range of fuel rates, main gazette states

Egypt raised prices on a. large range of fuel products on Friday, the official gazette. stated, pressing ahead with a pledge it made to the International. Monetary...

United Kingdom
May 25, 2024

Oil rates relieve on Gaza ceasefire possibility, dollar strength

Oil prices sank in early Asian trading on Friday on the possibility of a nearing Gaza ceasefire, which could loosen global supply, at the exact same time...

Canada
May 25, 2024

Trudeau government makes it through no confidence vote over Canada carbon tax rise

Prime Minister Justin Trudeau's Liberal federal government on Thursday survived a. noconfidence movement brought by the opposition Conservative. Celebration over Canada's carbon tax, which looks set to...

France
May 25, 2024

Exxon ahead of schedule on doubling LNG portfolio, officer says

Exxon Mobil is ahead of schedule with its plan to double the size of its liquefied natural gas (LNG) portfolio to 40 million tons per annum (mtpa)...

United States
May 25, 2024

Sixteen Republican-led US states sue federal government over ban on LNG licenses

Sixteen Republicanled states on Thursday submitted a claim to challenge the federal federal government's ban on approving applications to export liquefied gas (LNG), stating the federal government...

United States
May 25, 2024

CERAWEEK-US should speed authorizations to spur renewable resource growth, officers state

The U.S. government needs to improve allowing for renewable energy jobs, consisting of advancement of power transmission infrastructure and grid connection, to support needed growth, executives stated...

United States
May 25, 2024

Difficulties to SEC's environment guidelines sent to conservative-leaning United States appeals court

A U.S. judicial panel on Thursday combined at least nine claims challenging the U.S. Securities and Exchange Commission's new rules needing public business to report climaterelated threats...

United States
May 25, 2024

Wall Street extends overnight record setting after SNB cut, steady Fed

Global share standards rallied farther into uncharted territory on Thursday and yields on government financial obligation primarily fell after the Swiss National Bank ended up being the...

United States
May 25, 2024

United States pipeline companies poised to follow biggest clients into M&A

U.S. energy pipeline and storage operators have spent two years seeing the combination of oil and gas manufacturers, and now they are getting ready for the merger...

Venezuela
May 25, 2024

Trinidad seeks US license for BP gas project shared with Venezuela

The federal government of Trinidad and Tobago has begun talks with the U.S. for a license that would permit the joint development of a natural gas project...

United States
May 25, 2024

US offshore wind energy development could guarantee East Coast grid dependability- study

Offshore wind energy advancement provides an opportunity to include bandwidth to the U.S. East Coast's power system that could guarantee reliability for electric grid, according a research...

Canada
May 25, 2024

TSX posts record high as financiers eye soft economic landing

Canada's main stock index increased to a. record high closing level on Thursday, helped by gains for. heavilyweighted financial shares, as investors cheered recent. signs that inflation...

United States
May 25, 2024

Iowa's drought conditions have farmers budgeting water use

As Iowa heads towards its fourth year of dry spell, grain farmers prepping for planting next month are facing obligatory water restrictions and livestock producers are searching...

United States
May 25, 2024

Oil settles lower on weaker US fuel need, Gaza ceasefire hopes

Oil rates settled slightly lower on Thursday, pressured by weaker U.S. gas need data and reports of a United Nations draft resolution requiring a. ceasefire in Gaza....

France
May 25, 2024

Nuclear fuel supply shift must cut dependence on Russia, says US energy official

New U.S. funding to enhance domestic nuclear fuel production is a historical action however the world's nuclear customers must also move supply chains to meet the objective...

Venezuela
May 25, 2024

Trinidad looks for US license for BP gas task shared with Venezuela

The federal government of Trinidad and Tobago has actually started talks with the U.S. for a license that would permit the joint advancement of a gas task...

United States
May 25, 2024

Biden's softer environment regulation reveals big United States bet on subsidies to decarbonize

The Biden administration states its recent choice to scale back new climate guidelines suggested to require emissions cuts from cars and power plants will have a minimal...

Qatar
May 25, 2024

LNG growth to be satisfied by other countries if United States leaves -Baker Hughes CEO

If the U.S. pulls back from permitting new liquefied gas (LNG) export plants, need for the fuel will still be satisfied from tasks in Qatar, Argentina and...

China
May 25, 2024

RPT-Wall Street extends overnight record setting after SNB cut, stable Fed

Global share benchmarks rallied further into uncharted area on Thursday and yields on government debt generally fell after the Swiss National Bank became the very first significant...

United States
May 25, 2024

Mexico needs to integrate gas, renewables for energy transition -Valia CEO

Mexico requires to count on natural gas while starting its energy shift path to a. larger usage of renewable resource, the CEO of Valia Energia, one of....

Colombia
May 25, 2024

Five eliminated in fire at Perenco oil platform offshore Gabon

5 people were killed and one is missing out on after a fire on Wednesday at a Perenco oil platform off the coast of Gabon, the AngloFrench...

Singapore
May 25, 2024

Wall Street extends over night record setting after SNB cut, consistent Fed

Global share criteria rallied farther into uncharted territory on Thursday and yields on government financial obligation mainly fell after the Swiss National Bank ended up being the...

Israel
May 25, 2024

Red Sea combating traps two oil ships in Houthi waters

2 tankers, containing oil and poisonous waste, are stuck in the Red Sea in the shooting line in between Western naval forces and Yemen's Houthi militants in...

Ukraine
May 25, 2024

Russia says Ukraine's idea of $30 oil cost cap \beyond all bounds\

Russia said on Thursday that the United States was not likely to accept a Ukrainian proposal to lower the price cap on Russian oil to $30 a...

United States
May 25, 2024

Britain looks for views on 2027 carbon border tax

Britain has actually released a. consultation on how it must use a brand-new carbon import levy on. some items from 2027 to help to secure businesses against....

France
May 25, 2024

France sets end March due date for New Caledonia nickel offer

French Financing Minister Bruno Le Maire on Thursday set an end of month due date for New Caledonia to back a state bailout offer for the French...