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LNG

Trump Administration to Boost US LNG Exports

Liquefied natural gas (LNG) export in the US is expected to accelerate under the administration of Donald Trump who takes office on Jan. 20, according to a seni…

Wind Turbine

Rosatom Opens Wind Blade Manufacturing Facility in Ulyanovsk

The first Russian plant for manufacturing composite wind turbine blades has begun operations at Rusatom Vetrolopasti JSC in Ulyanovsk, part of Rosatom’s C…

Crude Oil

Nigeria’s 2 Million Bpd Oil Production Target Under Threat

The Central Bank of Nigeria (CBN) has raised concerns about the ageing pipeline infrastructure and operational inefficiencies, identifying them as key factors r…

Wind Turbine

Vestas Wins 315 MW Offshore Wind Order in Japan

Vestas has received a 315 MW order for the Oga Katagami Akita Offshore Wind Project in Akita Prefecture, Japan. The project is being developed by Oga Katagami A…

China

Iron Ore Price Reverses to Losses as Weakening China Steel Consumption Drags

Iron ore futures prices fell on Thursday, reversing from earlier gains, with weakening downstream steel consumption dampening sentiment and investors hungry for…

Natural Gas

Oil Prices Rise on Crude Drawdown; Natural Gas Falls on Profit-Taking

It was a mixed bag for commodity prices during the final week of 2024. An unexpectedly large drawdown of 4.2 million barrels — according to the Energy Informat…

Mongolia

Mongolia Reaches Deal for $1.6 Billion Uranium Mine With France’s Orano

Mongolia said on Friday it had reached a preliminary agreement with France’s Orano Mining Group to develop a long-anticipated uranium mining project worth…

Crude Oil

US Crude Oil Stocks Fall for Fifth Straight Week

US crude oil inventories decreased during the week ended Dec. 27, marking their fifth consecutive weekly decline.Data released today, Dec. 27, by the US Energy …

Floating Offshore Wind

Aker Solutions Awards ABB Contract for Major UK Floating Offshore Wind Project

Aker Solutions has awarded ABB a FEED contract for the 560 MW Green Volt floating offshore wind project in the UK, led by Vårgrønn and Flotation En…

Energy Investment

BHI Provides Brightnight With US$25 Million in Financing

BHI, the US Branch of Bank Hapoalim, B.M. and a full-service commercial bank, has announced that BHI and Bank Hapoalim are partnering on a loan which will provi…

Natural Gas

Petrobras Informs About New Law for the Oil and Gas Sector

Petrobras informs that the Brazilian government enacted Law 15,075/2024, dated December 26, 2024, which addresses the possibility of transfer of local content s…

Oil&Gas Drilling

ExxonMobil to Begin Drilling in Cyprus’ EEZ in January 2025

ExxonMobil’s drilling rig is set to begin operations in Cyprus’ Exclusive Economic Zone (EEZ) in mid-January 2025, according to Energy Minister Geor…

Floating Offshore Wind

Bilfinger Selection Adds Further Offshore Expertise to Floating Wind Consortium

Bilfinger, a leading industrial services provider, has been appointed by Cerulean Winds to join the alliance of companies developing the Aspen, Beech, and Cedar…

Ethanol

Ethanol Production up Slightly, Stocks up 2%, Exports up 2%

U.S. fuel ethanol production was up slightly the week ending Dec. 20, according to data released by the U.S. Energy Information Administration on Dec. 27. Ethan…

Wind Turbine

Vestas Wins 99MW Spanish Repowering Order

[Image: Vestas]Vestas has secured a 99MW turbine supply order from Iberdrola to repower two wind farms in Castilla-La Mancha, Spain.The Molar de Molinar and Isa…