Subsea cable brings Ireland closer to Europe’s power grid
The subsea cable linking Ireland and France has completed a key onshore phase and is advancing toward a strategic power connection for Europe.
All Antonio Zavarce publications
Delfin FLNG secures historic FID to export LNG from the U.S.
Delfin FLNG received the FID to develop the first floating LNG project in the U.S., backed by an investment of US$5 billion.
Uniper warns that LNG prices in Asia exceed $18
Liquefied natural gas prices in Northeast Asia exceeded $18.20/MMBtu, pressuring European companies like Uniper to compete in an increasingly expensive spot market.
LFP Batteries Europe: Eni and Seri Boost Capacity to 8 GWh
Eni Industrial Evolution and FIB agree to develop an integrated industrial LFP battery chain in Italy, with a capacity exceeding 8 GWh annually by 2029 and the goal of capturing more than 10% of the European stationary storage market.
South America emerges as a new global swing supplier
South American oil exports reach 787 million barrels in 2026. Brazil, Guyana, and Venezuela consolidate the region as the new global swing supplier.
OPEC Cuts Oil Demand Forecast for 2026
OPEC reduced its oil demand growth forecast for 2026 from 1.38 to 1.17 million bpd, the organization's most significant adjustment in months, with direct impact on global investment plans.
India increases Venezuelan crude purchases to 427,000 bpd
India raises its Venezuelan crude imports to 427,000 bpd in May 2026, with Reliance Industries as the main buyer, cementing India as the largest global destination.
TotalEnergies Arctic LNG 2: Putin authorizes exit to Novatek
TotalEnergies Arctic LNG 2 moves into a new phase after Russia authorized the transfer of its 10% stake to Novatek.
API Reports Seventh Consecutive Drop in U.S. Crude Inventories
U.S. commercial crude inventories fell by 6.8 million barrels in the week ending May 29, marking seven consecutive weeks of reduction, according to the American Petroleum Institute.
Brent Hits $97 Amid Hormuz and Iran Tensions
Brent crude approaches $100 per barrel after the breakdown of negotiations between Washington and Tehran regarding the Strait of Hormuz, critical for 20% of global LNG.
Vitol: Market Underestimates the Oil Supply Crisis
Vitol warns that the market underestimates the oil supply crisis: 14 million bpd out of the market and a 4-5 million bpd drop in demand create a hidden risk.
Aramco warns that underinvestment in refining exacerbates the crisis
Aramco warns of underinvestment in refining: 3 million bpd lost and 14 million bpd from the Middle East off the market threaten global energy security.