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Oil Price
Italy's Eni To Boost Buyback After Quarterly Earnings Beat Expectations
Italian energy group Eni (ENI.MI), will increase its share buyback programme to 2 billion euros ($2.2 billion), it said on Friday, after beating third-quarter p…
Oil & Gas Trade
Equinor Q3 Profit Lags Forecast, Sees Lower Capital Expenditure
Equinor (EQNR.OL), on Thursday reported a sharper-than-expected decline in third-quarter profits, hit by weaker oil prices and lower production, and cut its ful…
Oil & Gas Trade
Top U.S. LNG Exports: China's Gas Demand Is Booming
Chinese demand for natural gas is set to jump by more than 50% by 2040, from 400 billion cubic meters (bcm) now to more than 600 bcm, according to an executive …
LNG
Brazil Mulls LNG Imports Into Early 2025 as Hydro Shrinks
Gas buyers in Brazil are inquiring about potential purchases of global shipments well into the first quarter as persistently dry weather threatens hydropower ge…
Electric Vehicles
Romanian Shipyard VARD Tulcea Builds EUR 320 Mln Cable-laying Vessel For Prysmian
Romanian shipyard VARD Tulcea, part of the world leading shipbuilder Vard Group owned by Fincantieri, will build a EUR 320 million cable-laying vessel for Prysm…
Oil Field
Chinese Giant Brings Another Oil Development Project Online in South China Sea
Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has started production from an oilfield development project in the South C…
Offshore Wind Power
France Unveils Plans for 9.2GW Offshore Wind Tenders
France is gearing up to launch tenders for two fixed and three floating offshore wind farms, totalling 9.2GW, in the autumn and winter of 2024/25, Reuters has r…
Offshore Wind Power
EDF Achieves First Power From 450MW Neart Na Gaoithe Offshore Wind Farm
EDF Renewables has generated the first power from the 450MW Neart na Gaoithe (NnG) offshore wind farm in Scotland.The offshore wind facility has started supplyi…
Nuclear Reactor
Constellation Orders Transformer to Revive Three Mile Island Nuclear Plant
Constellation Energy has placed an order for a main power transformer valued at $100m, advancing the revival of the Three Mile Island nuclear reactor in the US …
Oil & Gas Trade
ABS Brings Swiss Player on Board FPSO Project Being Undertaken for Petrobras
FPSO Almirante Barroso operating on the Búzios field in the pre-salt layer of the Santos Basin; Source: Petrobras News AgencyThe American Bureau of Shipp…
Oil & Gas Trade
Energy & Utilities Roundup: Market Talk
1506 ET – Oil futures settle higher in a day of ups and downs. The EIA reported an unexpected weekly crude stock draw, with lower imports offsetting an in…
SAF
Calumet Announces $1.44bn Us DOE Loan to Support Expansion Plans
Calumet reported that the US Department of Energy’s (DOE’s) Loan Programs Office (LPO) has provided a conditional commitment for a loan guarantee of…
Oil&Gas Drilling
Totalenergies Expects Continued Refining Weakness, Lower Hydrocarbon Production
TotalEnergies TTE 0.76%increase; green up pointing triangle said continued pressure on refining margins would take a toll on its downstream results for the thir…
Tidal Energy
Inyanga Marine Energy Takes Charge of France’s First Grid-Connected Tidal Turbine
The turbine, which delivers clean energy to the island of Ushant, was initially deployed in 2015 by Sabella, a French company that went into liquidation in Janu…
Wind Turbine
Wind-Powered, Diesel-Electric Amadeus Saffier Joins HGK Shipping
Amadeus Schiffahrts- und Speditions, a subsidiary of German shipping company HGK Shipping, has enhanced its charter fleet with Amadeus Saffier, a wind-powered d…
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