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LNG
Mayer Brown Advises Itochu Corporation in 15-Year LNG Sale and Purchase Agreement With Rio Grande LNG LLC
Singapore, 31 January 2023 – Mayer Brown advised Itochu Corporation in connection with a 15-year Liquified Natural Gas (LNG) sale and purchase agreement with R…
Oil & Gas Trade
EU Ramps up Non-Russian Diesel Imports Ahead of Embargo
EU imports of non-Russian gasoil and diesel rose sharply last week, helping to build up inventories ahead of the bloc's impending embargo on Russian oil pro…
Oil & Gas Trade
Libya’s Oil Ministry Rejects Key Noc-Eni Gas Deal
Libya's oil ministry has rejected the $8bn offshore gas projects deal signed between the country's state-owned NOC and Italy's Eni on 28 January, sa…
Electricity Trade
Türkiye’s Daily Power Consumption Down 5.21% On Jan. 28
Daily electricity consumption in Türkiye decreased 5.21% on Saturday compared to the previous day, totaling 871,710 megawatt-hours, according to official f…
Oil & Gas Trade
Big Oil Saw Record $199Bn Profits In 2022 But 2023 Will Be Different
ExxonMobil, Chevron, Shell, TotalEnergies, and BP reaped almost $200 billion collectively last year but the outlook for 2023 does not look so bright.ExxonMobil,…
Oil & Gas Trade
U.S. Lawmakers Ask Kerry to Urge Uae to Replace Oil Boss as COP28 President
United Arab Emirates' Industry Minister Sultan Ahmed Al Jaber speaks during the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu …
Oil & Gas Trade
Italy’s Eni Signs $8 Billion Libya Gas Deal as PM Meloni Visits Tripoli
Eni Chief Executive Claudio Descalzi and National Oil Corporation (NOC) head Farhat Bengdara attend the signing of an agreement between the two companies as Ita…
Indonesia
Indonesia Will Issue Emission Quotas for 33.6 GW of Coal-Fired Plants in 2023
Indonesia will issue emission quotas for several coal-fired power plants before the end of January 2023, as a first step towards creating a mechanism for domest…
Personnel Appointment
CONSOL Energy Appoints New President
CONSOL Energy Inc. has announced the promotion of Mitesh B. Thakkar to the position of President, in addition to his current role as Chief Financial Officer (CF…
Oil & Gas Trade
Colombia Will Not Issue New Oil and Gas Exploration Contracts
The Colombian Ministry of Mines has announced that Colombia would not issue new oil and gas exploration contracts, and will now rely on tourism and green energy…
Oil Price
Oil Prices Retreat in Thin Trade, but China Outlook Offers Support
Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China August 22, 2019. Picture taken August 22, 2019. REUTERS/Stringer/File P…
Electricity Transmission
Winter 2023-24 price cap forecasts fall further below EPG, but long-term prospects remain uncertain
The latest forecasts for the Default Tariff Cap (price cap) released by Cornwall Insight, have shown energy bill predictions for a typical household1 have falle…
Biobattery
Japan Proposes Default Ghg Values for Solid Biobased Fuels
Japan’s Ministry of Economy, Trade and Industry has proposed default greenhouse gas (GHG) emissions values and calculation methods for biobased fuels that…
Coal Trade
Australia’s Nsw Plans 10PC Coal Reservation Policy
Australia's New South Wales (NSW) state government will require coal producers to reserve up to 10pc of their output for domestic use, including export-focu…
Oil & Gas Trade
Global Oil Demand Will Surge to Record This Year as China Reopens, Iea Says
A drilling platform at Norway's giant offshore Johan Sverdrup field.Global oil demand will surge to a record this year following the end of coronavirus rest…
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