Energy and energy market news | Inspenet

Liquefied natural gas prices in Northeast Asia exceeded $18.20/MMBtu, pressuring European companies like Uniper to compete in an increasingly expensive spot market.

Maritime

BHP and GCMD test B100 blend to promote maritime decarbonization

Marcos Medina · June 4, 2026

BHP and GCMD are evaluating a B100 blend to promote sustainable marine fuels and reduce emissions in real-world operations.

New Energies

LFP Batteries Europe: Eni and Seri Boost Capacity to 8 GWh

Antonio Zavarce · June 4, 2026

Eni Industrial Evolution and FIB agree to develop an integrated industrial LFP battery chain in Italy, with a capacity exceeding 8 GWh annually by…

Oil and Gas

Ichthys LNG strike delays Taiwan-bound vessel by more than 24 hours

Joshua Falcón · June 4, 2026

A 2-hour strike at Ichthys LNG delayed the Pacific Breeze vessel to Taiwan by 24 hours, highlighting the logistical fragility of the Australian LNG…

Oil and Gas

Centrica Energy signs 10-year gas supply agreement with Peyto

Marcos Medina · June 4, 2026

Peyto will supply natural gas to Centrica Energy for a decade under a contract indexed to the European TTF market.

Oil and Gas

South America emerges as a new global swing supplier

Redactor Inspenet · June 4, 2026

South American oil exports reach 787 million barrels in 2026. Brazil, Guyana, and Venezuela consolidate the region as the new global swing supplier.

Oil and Gas

OPEC Cuts Oil Demand Forecast for 2026

Redactor Inspenet · June 4, 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…