Germany has approved a string of new arms deals with Saudi Arabia. The weapons export deals come at a time when Germany is scrambling to boost relations with energy exporting countries. The loss of Russian […]
North American LNG project developers are grappling with higher construction and lending costs, which could lead to prolonged commercial negotiations and delayed final investment decisions (FIDs). About 50 million tons per year of new LNG supplies from […]
The International Energy Agency sees momentum building in the electrolyzer sector, with manufacturing capacity ramping up globally, but has called for greater policy support to get hydrogen projects going in its Global Hydrogen Review 2022, […]
Global oil flows are changing ahead of the coming embargo on Russian oil, with a growing amount of Russian crude heading east. Meanwhile, the amount of fuel and oil flowing from Asia and the U.S. […]
Freeport LNG has declared a force majeure on LNG exports from its Gulf Coast location until September, Bloomberg sources said on Friday. The company had reported earlier in the week that its Gulf Coast facility […]
U.S. natural gas futures jumped about 5% to a near two-week high on Wednesday on forecasts for higher demand over the next two weeks and worries a possible railroad strike could threaten coal supplies to […]
Massive shifts are occurring in the U.S. crude oil export market, but you wouldn’t know it from the steady-as-she-goes pace of activity. The volumes being loaded along the Gulf Coast have stayed within a relatively […]
Cheniere Energy, the world’s biggest exporter of liquified natural gas (LNG), is warning that this winter, it is looking like supplies of LNG may be, “really, really tight.” In a report by Reuters, Cheniere also […]
September 7, 2022 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, August 2022 We forecast that members of OPEC will collectively earn $842 billion in revenues from oil exports in 2022, the most (adjusted […]
VLADIVOSTOK, Russia, Sept 7 (Reuters) – Russian President Vladimir Putin said on Wednesday that China will pay Gazprom (GAZP.MM) for its gas in national currencies, based on a 50-50 split between the Russian rouble and Chinese yuan. […]
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