Crude oil futures were mostly steady in mid-morning trade in Asia June 24 after shedding early morning gains as sentiment remained fragile following steep declines in the last two sessions. At 10:30 am Singapore time […]
The volume of long-term LNG contracts signed to end-user markets climbed to a 5-year high in 2021. 10-year LNG contracts are currently priced at ~75% above 2021’s rate. Bloomberg data shows that LNG demand is […]
Flex LNG has secured charters for for Flex Rainbow, Flex Enterprise and Flex Amber LNG carrires, adding $750 million of fixed backlog in total. Flex LNG and the charterer of Flex Enterprise and Flex Amber, an unnamed “supermajor”, […]
Summary Historically when inflation rises, copper prices usually follow suit, and this cycle is proving to be no exception. Copper’s positive historical correlation with inflation can make it an attractive inflation hedge. Over the next […]
UK Chancellor of the Exchequer Rishi Sunak remained committed to his windfall tax on oil and gas profits despite protests from industry executives during their first meeting since the announcement. Sunak, who said last month […]
Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict The European Union (EU) has agreed to source more gas from Norway, which will strengthen their energy cooperation as […]
Piedmont Lithium Inc’s first steps toward securing lithium supplies will be in Quebec or Ghana, not the United States, as an intensifying North Carolina regulatory review delays the miner’s goal of anchoring America’s electric vehicle battery renaissance. […]
China has made a milestone advance in its effort to build a solar power station in space to convert the sunlight in outer space into an electrical supply to drive the satellites in orbits or […]
KARACHI: Pakistan’s energy sector continued to remain the largest defaulter in the repayment of loans to banks in calendar year 2021, as banks’ non-performing loans (NPLs) increased 3.8% (or Rs31 billion) during the year. “Sector-wise […]
Saudi Aramco’s plan to invest in 12,000MW of renewable energy by 2030 entails investing in the kingdom’s national renewable energy programme as well as through affiliate investments in renewables and purchase of renewable energy certificates. […]
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