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HomeExports

Exports

LNG
Exports

LNG ships play waiting game off Spain’s coast as higher prices eyed

November 21, 2022 Mariel Alumit

MADRID/LONDON, Oct 26 (Reuters) – Several ships carrying liquefied natural gas (LNG) anchored off Spain’s Bay of Cadiz are likely to stay there until late November in anticipation of a rise in European gas prices, industry sources […]

Freeport
Exports

Freeport LNG Delays Possible Restart to December, Aims for 2 Bcf/d by January

November 18, 2022 Mariel Alumit

Freeport LNG Development LP is aiming to restart its Texas natural gas export facility in mid-December, spending the rest of the month finishing reconstruction work and fulfilling regulatory requirements. The operator of the 2.38 Bcf/d […]

Biden
Exports

Biden Is Weighing US Fuel-Export Limits as Northeast’s Diesel Stocks Dry Up

November 17, 2022 Mariel Alumit

(Bloomberg) — US President Joe Biden is considering requiring oil companies to store more fuel inside the US as dwindling diesel stockpiles in the Northeast stoke concerns about price spikes this winter, Energy Secretary Jennifer […]

Exports

Norway will be stable energy supplier to Europe, PM says

November 16, 2022 Mariel Alumit

OSLO, Nov 16 (Reuters) – Norway will be a reliable supplier of energy to Europe in the coming months, Prime Minister Jonas Gahr Stoere said on Wednesday. “We will continue to be a stable energy […]

Alaska
Crude Oil News

China Replaces Alaskan Expensive Crude With Russian Oil

November 10, 2022 Mariel Alumit

China’s passion for Alaskan oil appears to be over as the country turns to Russia. Surging Chinese energy demand amid Covid lockdowns on the US West Coast prompted Alaskan oil exporters to ship more crude […]

China
Commodities

Chinese refiners boost diesel output to profit from robust export margins

November 9, 2022 Mariel Alumit

SINGAPORE: China’s refined oil product exports in November are set to hit the highest since Apr 2020 as refiners ramp up output to multi-month highs to boost diesel supply and profit, offsetting the impact of […]

Britain
Exports

Britain to strike major LNG deal with the US

November 8, 2022 Mariel Alumit

The UK could receive billions of cubic metres of liquefied natural gas (LNG) as part of a major deal to be announced soon. Details of the “energy security partnership” will reportedly be revealed shortly after the end […]

natural gas
Exports

Ships carrying $2 billion in natural gas are waiting off Europe’s coast for prices to rise so they can cash in, report says

November 7, 2022 Mariel Alumit

Dozens of LNG tankers are idling off Europe’s coast as they hold out for higher prices, per the FT. Combined, the 30-plus ships are carrying natural gas worth $2 billion, according to Vortexa data. European […]

Oil
Crude Oil News

Oil falls on China COVID curbs and weak factory data

October 31, 2022 Mariel Alumit

Oil prices fell by more than $1 on Monday after weaker than expected factory activity data out of China and on concerns that the country’s widening COVID-19 curbs will curtail demand. Brent crude futures dropped […]

Commodities

West Urges Russia To Reverse Grain Deal Suspension: ‘Stop Weaponizing Food’

October 30, 2022 Mariel Alumit

No grain shipping traffic is planned through the Black Sea safety corridor for Sunday, the Istanbul joint center coordinating the UN deal’s logistics said, after it collapsed Saturday. Russia suspended its participation in the Ukraine […]

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