LNG exports out of the United States fell in May to 7.66 million tonnes, according to shipping data cited by Reuters. That’s a 0.35 million tonne dropoff from the previous month. The United States shipped less LNG to Europe in May, while increasing LNG exports to Asia and Latin America. …

Oil prices were trading up on Friday afternoon as shorters got a little nervous heading into the OPEC+ weekend, with new rumors circulating about the group’s discussions about another 1 million bpd in production cuts. The OPEC+ group is scheduled for three separate meetings beginning this weekend and concluding on …

German Chancellor Olaf Scholz said on Friday that the country should speed up the transition to green energy both for climate protection and more prosperity. Speaking to reporters in Berlin, after a meeting with business and trade union leaders, Scholz underlined that Germany has ambitious goals, and it is aiming …

Russia’s Gazprom will send 40.3 million cubic metres (mcm) of gas to Europe via Ukraine on Saturday, the company said, down from 40.6 mcm on Friday.

China’s first offshore million-tonne carbon storage project was put into operation on Thursday in the South China Sea, according to the China National Offshore Oil Corporation (CNOOC). The project is designed to store a total of more than 1.5 million tonnes of carbon dioxide (CO2), which is equivalent to planting …

Spot prices for liquefied natural gas in Asia are trading at a consistent premium over the European benchmark for the rest of this year, signaling that competition for the fuel could tighten if demand rebounds. Exports from the US are currently more profitable to Asia in July, August and September, …

A Reuters survey on Wednesday shows a drop in OPEC oil output for May following voluntary production cuts by OPEC+ said to help support the market. According to the survey, OPEC production was down 460,000 barrels per day from April, and down more than 1.5 million bpd from September, though …

Qatar Airways has signed a deal with Shell to source 3000 t of neat sustainable aviation fuel (SAF) at Amsterdam Schiphol airport, the Netherlands. It encompasses the existing jet fuel contract with Shell at Amsterdam which will now see Qatar Airways using at least a 5% SAF blend over the …

Falling coal prices could drive Chinese imports to all-time highs, as fuel unwanted elsewhere in the world is diverted to the biggest consumer. China’s purchases may hit about 326 million to 345 million tonnes in 2023, according to its top industry association. That compares with 266 million tonnes in 2022, …

The EU is set to add 60 GW of solar photovoltaic (PV) and wind capacity this year, further reducing its reliance on fossil fuels and supplies from Russia, the International Energy Agency (IEA) said on Thursday. By 2024, the IEA expects wind and solar PV to make up more than …