Thailand's PTT Seeks 10 LNG Cargoes for May-September Delivery: Sources

Thailand's PTT sought an unspecified amount of LNG cargoes earlier in February with the expected delivery between March and April.

February 27, 2023

Energy Transition in Motion (Week of Feb. 24, 2023): Advancing Projects, Investment

Here’s a look at some of this week’s renewable energy news, including steps toward the first offshore wind auction in the Gulf of Mexico and the approval of a marine license for the first floating wind farm off Wales.

February 24, 2023

Tokyo Gas Cuts Shareholder Returns to Invest in Decarbonization

"We are lowering total payout ratio target to secure spare financial capacity to respond to geopolitical risks and boost decarbonization investment," Tokyo Gas' Shinichi Sasayama said.

February 23, 2023

UAE Eyes Renewables Partnerships with India, Jaber Says

The United Arab Emirates will explore partnership opportunities with India to help the South Asian country's growth and low carbon plans.

February 22, 2023

Indonesia Picks Consortia to Explore Three Oil and Gas Blocks

Indonesia plans to offer 10 oil and gas working areas to contractors in 2023. 

February 22, 2023

Iraq Signs Oil, Gas Deals with UAE's Crescent Petroleum, Chinese Firms

Iraq's oil minister said the new energy deals are expected to produce more than 800 MMscf/d of gas.

February 21, 2023

Brent Oil Slips as Growth Fears Offset China Demand Hopes

Euro zone business activity expanded faster than expected, but markets are still worried about global economy. 

February 21, 2023

Thailand Agrees $2.35 Billion More in Borrowing to Help Energy Subsidy Fund

Thailand's Oil Fuel Fund Office's borrowing plan will now increase by 80 billion baht to 110 billion baht in the 2023 fiscal year.

February 21, 2023

Oil Unlikely to Break Above $100/bbl This Year, J.P.Morgan Says

J.P.Morgan analysts say supply-demand will likely further balance, due to Russian output expected to recover by June and higher price levels preventing the U.S. from repurchasing to add to petroleum reserves.

February 17, 2023

Russian Fiscal, Export Revenues Plunge in January

Western sanctions haven’t stopped the Russia-Ukraine war but have impacted the Kremlin’s fiscal and export revenues and complicated Putin’s existence, Dr. Thomas Wilfred O’Donnell, a global fellow with the Woodrow Wilson Center and an instructor at Freie Universität Berlin, told Hart Energy.

February 17, 2023