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The European Commission approved around $145 million in grants from the Connecting Europe Facility for two climate-neutral German-Polish district heating projects and an onshore wind park near the Latvia-Lithuania border.
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Japan's Mitsui OSK Lines Ltd. is planning to sell a few of its older oil tankers to take advantage of a surge in vessel prices.
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Oil fell for a third session as easing Saudi supply concerns outweighed lingering risks around the Strait of Hormuz.
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Sempra Infrastructure signed a 20-year agreement to supply about 0.8 million metric tons per annum of liquefied natural gas to Petrobras from the under-construction Port Arthur LNG phase 2 project in Texas.
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Congress gave final approval to a bill to give President Donald Trump new powers to impose tariffs on countries that purchase Russian petroleum products.
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Engineers India Ltd. is seeing a slowdown in new orders for Middle East energy projects as continued U.S.-Iran hostilities heighten security risks.
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Transnet National Ports Authority has opened applications to pursue a small to medium liquefied natural gas receiving terminal project at the Port of East London in Eastern Cape province.
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In exchange TotalEnergies will pay BlackRock's GIP a throughput-based tariff for up to 15 years.
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At least two liquefied natural gas shipments transited the Strait of Hormuz this week as producers look for ways to increase flows to a market struggling with a lack of supply and surging prices.
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The oil explorer maintains its forecasts are grounded in scientific and economic data that take into account realistic changes in government policies and consumer behavior.
