Two-Month Trade Truce Extension Leaves Markets Cold After Trump-Xi Summit
Donald Trump gave Xi Jinping the full state-visit treatment in Washington, but markets were more interested in what the two leaders did not deliver. After …
Read Full ArticleQatar Extends LNG Force Majeure as Hormuz Crisis Drags On
State-owned QatarEnergy has extended the force majeure on LNG deliveries to Asia and Europe by another month through the end of November, as LNG cargo …
Read Full ArticleZelenskyy Warns Russia Wants to Widen War Beyond Ukraine
Russian drone strikes killed at least four people in Ukraine overnight and into September 27, including one person in the capital, Kyiv, and three in …
Read Full ArticleIndonesia's Coal Exports Sink 23% as Global Demand Heads for a Record
The world’s biggest exporter of thermal coal, Indonesia, is not benefiting from tightening global coal markets amid an Asian switch to coal from gas due …
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Shearwater wins seabed node survey contract in South America
Shearwater Geoservices has landed a three-year ocean bottom node (OBN) seismic acquisition contract in South American waters.
Read Full ArticleUK Grid Operator Warns of Tight Power Margins
The UK power system faces a margin shortfall of 1.4 gigawatts (GW) on Monday evening local time, the National Energy System Operator said in a …
Read Full ArticleEuropean Gas Prices Rally on U.S.-Iran Stalemate
Europe’s benchmark natural gas prices rose by 2% in early trade in Amsterdam on Monday, as the United States and Iran are again locked in …
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Genel outbids DNO with increased $436m offer for Capricorn Energy
Genel Energy, via its wholly owned indirect subsidiary Genel Energy No.9 (Bidco), has increased its recommended cash offer for UK-listed Capricorn Energy to $436m, surpassing …
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Inpex exercises pre-emptive rights to raise Ichthys LNG stake
Japanese oil and gas explorer Inpex, via its Australian subsidiaries, will acquire an additional 0.735% participating interest in the Ichthys LNG project from JERA, increasing …
Read Full ArticleTotalEnergies Targets 3% Annual Oil and Gas Growth Through 2030
TotalEnergies expects its oil and gas production to grow by more than 3% every year until 2030 due to start-ups of new low-cost projects currently …
Read Full ArticleGermany's Gas Storage Sits at 57%, but VNG Says Winter Supply Is Covered
Thanks to diversified import capabilities, Germany doesn’t face a gas supply shortage despite record-low levels of natural gas in storage sites, according to one of …
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The offshore solids control blind spot: when running equipment hides a failing system
Performance should be judged from the flowline to the final waste stream, writes Othman Soliman, founder of SC DrillTech.
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