Energy

Indonesia Q1 oil, gas lifting improves but below govt target
April 17, 2023 07:58 PM AEST | By ReutersBy Fransiska Nangoy and Bernadette Christina JAKARTA (Reuters) - Indonesia's oil and gas lifting between January and March rose from the same period a...

Shell launches its first electric ferry at Singapore plant
April 17, 2023 01:03 PM AEST | By ReutersBy Jeslyn Lerh SINGAPORE (Reuters) - Shell Plc on Monday launched its first electric ferry globally at its Singapore refinery and pledged to work with...

After 18 years, Europe's largest nuclear reactor to start regular ou...
April 15, 2023 11:31 PM AEST | By ReutersBy Essi Lehto HELSINKI (Reuters) - Finland's much-delayed Olkiluoto 3 (OL3) nuclear reactor, Europe's largest, will begin regular output on Sunday, it...

Denmark plans to exit Energy Charter Treaty
April 13, 2023 11:47 PM AEST | By ReutersCOPENHAGEN (Reuters) - The Danish government is working towards exiting the Energy Charter Treaty (ECT), the country's energy ministry said on Thursda...

Morocco's OCP borrows $100 million to build four solar plants
April 13, 2023 07:41 AM AEST | By ReutersRABAT (Reuters) - Morocco's state-owned phosphates and fertiliser producer OCP said on Wednesday it signed an agreement with the International Finance...

Analysis-LNG imports test EU resolve to quit Russian fossil fuel
April 12, 2023 03:10 PM AEST | By ReutersBy Kate Abnett, Marwa Rashad and Gabriela Baczynska BRUSSELS/LONDON (Reuters) - Political pressure is building within the European Union to tackle the...

Japan's Mitsubishi, others raise $692 million for Monsoon wind proje...
April 10, 2023 01:10 PM AEST | By ReutersTOKYO (Reuters) - Japan's Mitsubishi Corp on Monday said that it and other shareholders of the Monsoon wind power project in Laos have raised $692 mil...

Saudi provides $240 million for Pakistan hydro-power dam
April 07, 2023 09:08 PM AEST | By ReutersBy Asif Shahzad ISLAMABAD (Reuters) - Saudi Arabia will provide a $240 million loan to co-finance Pakistan's multi-purpose Mohmand dam project, a majo...

Analysis-Indonesia must jump ethanol feedstock hurdle to repeat biod...
April 06, 2023 05:42 PM AEST | By ReutersBy Fransiska Nangoy and Bernadette Christina JAKARTA (Reuters) - Indonesia, the world's biggest palm oil biodiesel user, is now working to introduce b...

Explainer-How will OPEC's production cut affect US gasoline prices?
April 05, 2023 02:11 AM AEST | By ReutersBy Erwin Seba and Laura Sanicola HOUSTON/WASHINGTON (Reuters) - Saudi Arabia and other OPEC+ oil producers announced over the weekend they would launc...

Analysis-OPEC+ in driver's seat as oil supply growth lags demand
April 05, 2023 01:08 AM AEST | By ReutersBy Alex Lawler LONDON (Reuters) - The surprise oil output cuts announced on Sunday by OPEC+ members illustrate their greater power over the market, gi...

Japan aims to boost hydrogen supply to 12 million T by 2040
April 04, 2023 07:53 PM AEST | By ReutersTOKYO (Reuters) - Japan is to revise its hydrogen strategy by the end of May with an ambitious target to boost annual supply to 12 million tonnes by 2...

OPEC+ may spur U.S. crude oil exports, tick production higher
April 04, 2023 06:33 AM AEST | By ReutersBy Stephanie Kelly and Liz Hampton (Reuters) - OPEC's surprise oil production cuts could lead to higher demand for U.S. oil in Europe and Asia and cou...

EU launches LNG benchmark in attempt to tame price spikes
April 04, 2023 02:40 AM AEST | By ReutersBy Kate Abnett BRUSSELS (Reuters) - European Union energy regulators have launched a liquefied natural gas (LNG) benchmark price in an effort to avoid...

OPEC+ cuts put $100/bbl oil back in sight
April 04, 2023 01:34 AM AEST | By ReutersBy Muyu Xu, Joyce Lee and Ahmad Ghaddar SINGAPORE/SEOUL/LONDON (Reuters) - Surprise new cuts to the OPEC+ group's output targets could push oil prices...

Saudi Arabia may raise May crude prices to Asia after OPEC+ cut
April 03, 2023 07:47 PM AEST | By ReutersBy Muyu Xu SINGAPORE (Reuters) - Top oil exporter Saudi Arabia may raise crude prices for Asia in May after OPEC+ announced additional production cuts...

OPEC+ announces surprise oil cuts; U.S. calls move inadvisable
April 03, 2023 04:27 AM AEST | By ReutersBy Maha El Dahan and Ahmed Rasheed DUBAI (Reuters) - Saudi Arabia and other OPEC+ oil producers on Sunday announced further oil output cuts of around...

OPEC+ announce surprise oil cuts of around 1.16 mbpd from May to yea...
April 03, 2023 03:50 AM AEST | By ReutersBy Maha El Dahan and Ahmed Rasheed DUBAI (Reuters) - Saudi Arabia and other OPEC+ oil producers on Sunday announced further cuts in their production a...

OPEC+ announces surprise cuts of around 1.16 mbpd from May to year-e...
April 03, 2023 03:18 AM AEST | By ReutersBy Maha El Dahan and Ahmed Rasheed DUBAI (Reuters) - Saudi Arabia and other OPEC+ oil producers on Sunday announced further cuts in their production a...

OPEC+ alliance announces surprise cuts of around 1.15 mbpd from May...
April 03, 2023 01:45 AM AEST | By ReutersBy Maha El Dahan and Ahmed Rasheed DUBAI (Reuters) - Saudi Arabia and other OPEC+ oil producers on Sunday announced voluntary cuts to their production...
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