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Energy

Danes on the lookout for energy islands consultant

Danish energy operator Energinet has issued a tender looking for consultancy services for the expected subsea cable routes of the planned Energy Islands in...

Guyana sells its first share of crude oil from its second offshore project to ExxonMobil

The Government of Guyana expected to receive its first entitlement lift of the Unity Gold crude from ExxonMobil’s Liza Unity FPSO over the weekend...

Activists in Germany turn off oil pipelines in protest against North Sea drilling

German environmental activists on Wednesday turned off several crude oil pipelines at different locations in the country, calling the government to stop all new...

European gas price spikes on report of Russian gas cutoff to Poland

European gas prices spiked in late trade April 26 after reports in the Polish media that Russia’s Gazprom had suspended gas supplies to Poland. The...

US crude stocks expected to see seasonal uptick, but strong refinery demand likely blunts build

US crude oil inventories likely climbed during the week ended April 22, analysts surveyed by S&P Global Commodity Insights said April 25, but strong...

Oil prices paralyzed between Russia sanctions and China lockdowns

Portfolio investors purchased petroleum last week for the first time in four weeks, but overall positioning remained subdued by the high cost of margin...

Valero profit surges as refining margin more than doubles

U.S. refiner Valero Energy Corp’s quarterly earnings blew past Wall Street expectations on Tuesday, as margins strengthened thanks to rising demand for fuel and...

Banchero Costa Weekly Market Report, Week 16 2022

In 2021, the European Union (27) was the third largest seaborne importer of LNG in the world, with a 15.8% share. It followed Mainland Source:...

Argus relaunches Ecuadorean crude price assessments

Global energy and commodity price reporting agency Argus has introduced daily assessments for heavy sour Oriente and Napo crude grades from Ecuador. The prices...

Al-Zour refinery to be operational in few weeks: KIPIC

Kuwait’s 615,000 b/d Al-Zour refinery is expected to be operational over the next few weeks, state run Kuwait News Agency reported April 25, citing...
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