Oil

Biofuel

Indonesia to Raise Crude Palm Oil Export Levy to Fund Biodiesel, Replanting Initiatives

The Indonesian government has announced an increase in the export levy on crude palm oil (CPO) from 7.5% to 10% of the reference price to fund its national biod…

Crude Oil

China’s Crude Oil Imports From Russia Fall in April; Imports From Malaysia Surge

In April, China imported 8.07 million metric tons of crude oil from Russia, equivalent to 1.96 million barrels per day (bpd), according to data released by Chin…

LNG

TotalEnergies Signs Canada LNG Agreement With Ksi Lisims LNG

On Monday, French energy company TotalEnergies announced a significant agreement with Ksi Lisims LNG to purchase 2 million tons of liquefied natural gas (LNG) a…

LNG

US Department of Energy to Begin Issuing Orders for Pending LNG Export Permits

On Monday, the U.S. Department of Energy (DOE) announced it will begin reviewing and deciding on pending applications to export liquefied natural gas (LNG) to c…

RNG

City of Hastings Nebraska Approves 25-Year RNG Agreement With Newcarbon

NewCarbon has entered a 25-year partnership with Hastings, Nebraska, to transform methane emissions from the Hastings Sanitary Landfill into renewable natural g…

Ukraine

Ukrainian Company Plans Egg Gigafarm

Oliyar, a leading Ukrainian oil and fat manufacturer, has announced plans to construct a farm for 2.3 million laying hens in the Shchyretskaya neighborhood of t…

Crude Oil

Venezuela’s State Oil Firm Exporting Crude Grade Previously Shipped by Chevron, Data Shows

Venezuela’s state-owned oil company, PDVSA, has started exporting a heavy crude oil grade previously handled by Chevron since 2022, according to maritime …

Natural Gas

Turkey Finds New Natural Gas Reserve in Black Sea, Erdogan Says

On Saturday, President Tayyip Erdogan announced the discovery of a 75 billion cubic meter (bcm) natural gas reserve in the Black Sea, uncovered during drilling …

LNG

Italy’s Edison Welcomes Inaugural LNG Cargo From Louisiana Plant

Italian energy company Edison has successfully received its first liquefied natural gas (LNG) shipment from the Calcasieu Pass facility in Cameron Parish, Louis…

Oil Pipeline

Nigeria’s Trans Niger Oil Pipeline Bursts, Spills Crude, Rights Group Says

An environmental rights group reported a rupture in Nigeria’s Trans Niger Pipeline, a vital channel for transporting crude oil from onshore fields to the …

Crude Oil

Chevron, European Firms Lobby to Keep Stakes in Venezuela Oil Joint Ventures

Chevron Corp, a U.S. oil company, along with several European firms, is engaging with the U.S. administration to secure permissions to maintain their stakes in …

Oil Field

Nigeria Says Exxon Commits $1.5b to Deepwater Development

Exxon Mobil Corp. has committed $1.5 billion to develop a deepwater oil field in Nigeria, as the country seeks to increase its oil production. The investment, p…

Natural Gas

EIA Expects USA Gasoline Price to Drop In 2025 and 2026

The U.S. Energy Information Administration (EIA) has released its latest short-term energy outlook (STEO) on May 6, forecasting a decline in U.S. regular gasoli…

LNG

Germany’s Next LNG Terminal Chapter Nearly All-Set to Go Live

In Wilhelmshaven, Germany, the state-owned Deutsche Energy Terminal (DET), under the Federal Ministry for Economic Affairs and Climate Action, is preparing to l…

Oil Field

Gulf of Thailand Oil Field Revamp Gets Green Light

Valeura Energy has approved redevelopment of its 100%-owned Wassana field in license G10/48, Gulf of Thailand, with a new central processing platform (CPP). The…