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Home2024November

Month: November 2024

Gas Prices
Energy Policy

California’s New Fuel Rules Could Raise Gas Prices by $0.50 Per Gallon

November 12, 2024 Mariel Alumit

California’s Air Resources Board recently amended the Low Carbon Fuel Standard, increasing target reductions despite affordability concerns. Consumer advocates fear that this move could raise gasoline prices by almost 50 cents per gallon. Currently, Californians […]

PV Gas
LNG

PetroVietnam Gas launches new LNG cargo tender

November 12, 2024 Andy Del Prado

According to a tender document posted on the company’s website, the delivery window for the partial LNG cargo is from December 20, 2024, to January 5, 2025. PV Gas LNG, a unit of PV Gas, […]

Adnoc Gas
LNG

Adnoc Gas to buy 60 percent stake in Ruwais LNG terminal for about $5 billion

November 12, 2024 Andy Del Prado

Adnoc Gas said in a statement on Monday it aims to acquire the stake in the second half of 2028. “It has always been our intention to acquire Adnoc’s 60 percent stake in Ruwais LNG. […]

Bulgaria
Press

Bulgaria demands right to veto sale of Russian Burgas refinery

November 12, 2024 Andy Del Prado

  The Bulgarian government demands more power over decisions at Lukoil’s key refinery in the Black Sea port of Burgas, a key strategic site for Bulgaria and the Balkan peninsula. Bulgaria sold the Balkans’ largest […]

Czech Pirate Party
Press

Czech Pirate Party charts new course to the centre, bets on new leader

November 12, 2024 Andy Del Prado

  The Czech Pirate Party has elected Zdeněk Hřib, deputy mayor of Prague, as its new leader, steering the party towards a more centrist, liberal identity ahead of national elections. Hřib won the leadership contest […]

Fico
Press

Slovakia’s Fico doubts Trump’s Ukraine plan, pushes for less Western aid

November 12, 2024 Andy Del Prado

  Slovak Prime Minister Robert Fico has cast doubt on the effectiveness of Western support for Ukraine, criticising re-elected US President Donald Trump’s election pledge to end the war in Ukraine in ’24 hours’ while […]

NuVista
LNG

Canada’s NuVista Energy enters LNG market with Trafigura deal

November 12, 2024 Andy Del Prado

NuVista produces condensate-rich natural gas in the Montney formation in the Alberta Deep Basin, Canada. Under the agreement, NuVista will supply 21,000 MMbtu/d of natural gas to Trafigura with the purchase price indexed to JKM. […]

Excelerate
LNG

Excelerate working on additional LNG deals, CEO says

November 12, 2024 Andy Del Prado

Excelerate operates ten FSRUs, one of the world’s largest fleets of such vessels, and these units are located worldwide. In addition to these 10 FSRUs, Excelerate also ordered one 174,000-cbm FSRU at South Korea’s HD Hyundai Heavy […]

US
International News

US tightens export controls on advanced chips to China – Reuters

November 12, 2024 Andy Del Prado

The Commerce Department has reportedly ordered Taiwanese semiconductor giant TSMC to halt any such shipments The US has ordered one of the world’s largest semiconductor producers, Taiwan-based TSMC, to halt exports to Chinese customers of […]

Ukraine
International News

How blind support for Ukraine broke Germany

November 12, 2024 Andy Del Prado

The collapse of Berlin’s ruling coalition was the logical result of throwing ever more money at Kiev at the expense of its own country Germans love stability. Their whole political system is designed to prevent […]

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