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HomeExports

Exports

Flex LNG
Exports

Flex LNG Adds $750M to Backlog with New Long-term LNG Carrier Charters

June 24, 2022 Mariel Alumit

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”, […]

Russian Oil Is Reaching More Corners of China’s Refining Sector
Crude Oil News

Russian Oil Is Reaching More Corners of China’s Refining Sector

June 22, 2022 Stu Turley

Cheap Russian oil is finding its way into more corners of China’s refining industry, with buyers from coastal and inland regions snapping up cargoes that the US and Europe can’t touch. Chinese companies registered in […]

Europe
Exports

Europe Imports Record LNG Volumes

June 15, 2022 Mariel Alumit

Europe is importing record levels of liquefied natural gas (LNG) this year as it looks to reduce dependence on Russian pipeline gas and fill gas storage ahead of next winter. The European Union and the […]

LNG
Exports

U.S. Natural Gas Prices Drop After Explosion At Freeport LNG Terminal

June 9, 2022 Mariel Alumit

An explosion at a liquefied natural gas (LNG) export terminal in Texas has sent natural gas prices downward as emergency crews respond and details continue to flow in. At 11:40 a.m. CT, an explosion rocked […]

LNG vessels
Exports

ADNOC acquires three additional new-build LNG vessels

June 3, 2022 Mariel Alumit

ABU DHABI: ADNOC Logistics and Services, also known as ADNOC L&S, has decided to purchase three additional newly built liquefied natural gas vessels, as it plans to respond to the growing demand, according to news […]

Korean Shipbuilder
Exports

Korean Shipbuilder Can’t Accept New FSRU Orders as Capacity Full

June 2, 2022 Mariel Alumit

Korea Shipbuilding & Offshore Engineering (KSOE) has mostly filled its order book for the next 2-1/2 years as the pandemic drove demand for container ships, leaving little room to meet the needs of the liquefied […]

Giant Gas
Exports

The Giant Gas Reserve That Could Have Eased Today’s Crisis

June 2, 2022 Mariel Alumit

Argentina is home to one of the world’s largest shale gas deposits, but a lack of investment and political will means it is still an importer of natural gas. The Vaca Muerta shale play, which […]

Saudi Aramco
Crude Oil News

Saudi Arabia’s making $1 billion from oil exports every day

May 28, 2022 Stu Turley

Saudi Arabia’s oil exports reached $30 billion in March, the highest in at least six years, driven by a rally in oil prices and rising production. The value of crude exports, now almost $1 billion […]

European
ENB Pub Note

EU Studies Spain-Italy Gas Pipeline To Cut Russian Dependence

May 25, 2022 Mariel Alumit

The European Union is considering the idea of a construction of an offshore gas pipeline between Spain and the Italian coast in Tuscany to reduce the EU’s reliance on Russian gas, Spanish daily El Pais reported on […]

Biden administration
Crude Oil News

Biden administration has not ruled out curbs on exports to ease fuel prices, Granholm says

May 24, 2022 Mariel Alumit

BAYOU CHOCTAW, La., May 24 (Reuters) – U.S. President Joe Biden has not ruled out using export restrictions to ease soaring domestic fuel prices, U.S. Energy Secretary Jennifer Granholm said on Tuesday. Asked if the […]

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