Jan 23, 2025 · Analyst Dorab Mistry predicted that Malaysian palm oils will trade at around 4,000 Malaysian Ringgit per metric tonne in 2025. However, there was a short rise to 4,800 Ringgit in February due to stiff competition from soybean oil. By midday, the benchmark palm oil contract, FCPOc3, for April ...

Jan 2, 2025 · Equinor's Hammerfest liquefied natural gas plant closed for a week due to compressor failure. January 2, 2025

Jan 24, 2025 · The Texas contractor who last year walked away from the Golden Pass project of a liquefied gas plant, a joint venture with Exxon Mobil and QatarEnergy, may be able to exit Chapter 11 bankruptcy by April, according to the company. Zachry Holdings announced that the U.S. Bankruptcy Court of the ...

Jan 21, 2025 · Serica Energy, a UK oil and gas company focused on the North Sea, expects to increase production by 15.6% in 2025, thanks to improved reliability, the company said Tuesday. Serica has increased production by acquiring and investing in the past few years. The company's output was affected by an ...

Jan 24, 2025 · The Dutch and British wholesale prices for gas were not much different on Friday, as the expectation of a warmer, windier climate helped offset concerns about storage levels. This was due to a lower demand for immediate gas from softer weather. LSEG data shows that the benchmark front-month contract ...

Jan 29, 2025 · On Wednesday afternoon, Dutch and British wholesale prices for gas rose by nearly 5% due to colder weather forecasts and ongoing power outages in Norway. There was also concern about re-filling storage tanks in the summer. LSEG data shows that the benchmark front-month contract for the Dutch TTF hub ...

Jan 22, 2025 · LyondellBasell Industries will begin the permanent closure of its 263,776 barrel-per-day Houston refinery this coming weekend, said people familiar with plant operations. Layoffs of up to 400 employees at the refinery are scheduled to begin two months after the shutdown begins, the sources said. A ...

Jan 29, 2025 · Mersen, a French supplier of advanced materials, reported on Wednesday that its annual consolidated sales were higher than expected at 1.24 billion euro ($1.29 billion), representing organic growth of 2.6%. Thomas Baumgartner, Mersen’s Chief Financial officer, told a conference call that the ...

Jan 24, 2025 · Blackstone's unit dedicated to energy investments has acquired Potomac Energy Center. The asset manager announced the deal on Thursday. It is a sign of the appeal of data centers located near power plants to investors. Blackstone Energy Transition Partners, according to an official statement, has ...

Dec 12, 2024 · Analysts and traders said that the global diesel market would likely see a price boost in 2025 due to the closing of around 1% of the refining capacity.