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Home2025August

Month: August 2025

U.S. retail gasoline prices lower than last year heading into Labor Day
Diesel

U.S. retail gasoline prices lower than last year heading into Labor Day

August 29, 2025 Stu Turley

Data source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update On August 25, 2025, the Monday before Labor Day weekend, the retail price of regular gasoline averaged $3.15 per gallon (gal) across the United States, 5% […]

DET
Imports

Germany’s DET launches commercial ops at second Wilhelmshaven FSRU

August 29, 2025 Mariel Alumit

DET stated in a press release on Thursday that this was preceded by several weeks of test operations, which included a series of functional and performance tests. The terminal had already received its approval under […]

Plaquemines LNG
Exports

Venture Global gets OK to introduce gas to final Plaquemines LNG block

August 29, 2025 Mariel Alumit

According to an August 27 FERC filing, the regulator approved Venture Global Plaquemines LNG’s request to commission and introduce hazardous fluids to Phase 2 pretreatment train B and liquefaction block 18. Venture Global Plaquemines LNG […]

Russian LNG
Exports

Russian LNG production down 4.2 percent in January-July

August 29, 2025 Mariel Alumit

Rosstat’s data shows that the country’s LNG terminals produced 18.7 million mt in the first seven months of this year. In July, LNG production reached 2.2 million mt, the same as in July 2024, according […]

fuel demand
Diesel

Transportation fuel demand remains below pre-pandemic levels

August 29, 2025 Stu Turley

Data source: U.S. Energy Information Administration, Petroleum Supply Monthly Five years after the COVID-19 national emergency was declared, gasoline demand, distillate demand, and jet fuel demand all remain less than pre-pandemic averages. Several factors are keeping demand, which we […]

India
Exports

India charts $1trn maritime investment roadmap

August 29, 2025 Stu Turley

India has unveiled a $1trn investment plan to drive growth across ports, shipping and logistics, Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal said at an ambassadors’ conclave in Delhi on Wednesday. The roundtable, […]

HD Hyundai
Finance

More details emerge about HD Hyundai yard merger

August 29, 2025 Mariel Alumit

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the holding company of the HD Hyundai shipbuilding empire, has provided more details of the decision to merge its two flagship yards. Splash reported yesterday on the […]

Russia Drilling in the Antartic created by Grok on X
Crude Oil News

Russia Uncovers 511 Billion Barrels of Oil Beneath Antarctica: A Find That Could End the Continent’s Era of Peaceful Use

August 28, 2025 Clark Savage

In a revelation that has sent shockwaves through the global energy sector and international diplomacy, Russian seismic surveys have uncovered potential oil and gas reserves estimated at a staggering 511 billion barrels in the icy […]

Diesel

Phillips 66 Starts to Wind Down Los Angeles Area Refinery Next Week

August 28, 2025 Clark Savage

In a move that underscores the mounting pressures on California’s oil refining industry, Phillips 66 is set to begin winding down operations at its 139,000 barrel-per-day (bpd) Los Angeles-area refinery starting in September 2025, with […]

The Inflation Reduction Act and the Green New Deal is a wealth transfer
ENB Pub Note

President Trump has functionally repealed the Inflation Reduction Act and the Green New Deal, but what is the down side?

August 28, 2025 Clark Savage

ENB Pub Note: Doug Sheridan on LinkedIn again hits it out of the park. The IRA has done more harm to the US economy than most people realize, and it was a wealth realignment tool […]

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