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HomeFinance

Finance

Coal

EU Sanctions & LNG Boom: What’s Next?

May 15, 2025 Andy Del Prado

Daily Standup Top Stories Aramco plans to join Woodside’s Louisiana LNG project May 14, 2025 Mariel Alumit ENB Pub Note: This is huge. The Woodside Louisiana LNG project has a total permitted export capacity of 27.6 […]

Price
Finance

Here Come the HELOCs: Mortgages, Housing-Debt-to-Income-Ratio, Serious Delinquencies, and Foreclosures in Q1 2025

May 14, 2025 Stu Turley

Who’s on the hook this time? Mostly not the banks, but taxpayers, except for HELOCs. By Wolf Richter for WOLF STREET. Mortgage balances rose by $195 billion (+1.5%) in Q1 from Q4, and by $358 billion (+2.9%) year-over-year, […]

Exports

Aramco plans to join Woodside’s Louisiana LNG project

May 14, 2025 Mariel Alumit

ENB Pub Note: This is huge. The Woodside Louisiana LNG project has a total permitted export capacity of 27.6 million tonnes per annum (Mtpa). The foundational phase, approved with a final investment decision in April […]

Earnings

Venture Global’s Q1 revenue jumps to $2.89 billion

May 14, 2025 Mariel Alumit

On Tuesday, the US LNG exporter said that its revenue rose 105 percent compared to the same quarter in 2024. Net income for the three months ended March 31, 2025, decreased 39 percent as compared […]

Finance

Woodside’s Louisiana LNG seeks FERC extension

May 14, 2025 Mariel Alumit

The Australian LNG player recently made a final investment decision to develop the three-train, 16.5 mtpa Louisiana LNG project, which it acquired from Tellurian last year. In October 2024, Woodside acquired Teelurian for about $1.2 billion. […]

Venture Global
Earnings

CEO: Venture Global to sign multiple 20-year LNG contracts in coming quarters

May 14, 2025 Mariel Alumit

ENB Pub Note: I have included a summary of the earnings report for Venture Global. Investing in LNG is a good long-term play, and there are good long-term contracts that have been signed in the […]

Price
Finance

Household Debts, Debt-to-Income Ratio, Serious Delinquencies, Collections, Foreclosures, Bankruptcies: Our Drunken Sailors’ Debts in Q1 2025

May 13, 2025 Clark Savage

Student loans are loans again, OOPS. By Wolf Richter for WOLF STREET. Total household debt outstanding rose by $167 billion in Q1, or by 0.9%, from Q4, to $18.2 trillion, according to the Household Debt and Credit Report from […]

Price
Finance

Beneath the Skin of CPI Inflation: Services Inflation Bounces Back, No Signs yet of Tariffs Getting Passed to Consumers

May 13, 2025 Clark Savage

Where inflation hit in April: Rent, motor vehicle insurance & maintenance, eating out, medical care services, rental cars, utility natural gas, electricity… But prices of apparel & shoes fell. By Wolf Richter for WOLF STREET. On a month-to-month […]

Housing Bubble
Finance

Housing Bubble & Bust #1 and #2 as Seen through Employment at Mortgage Lenders: They Shed Jobs Again, 38% Gone

May 12, 2025 Stu Turley

Nonbank mortgage lenders and loan brokers react quickly to demand, which has collapsed. By Wolf Richter for WOLF STREET. Mortgage lenders give a special perspective on the housing market because they sit at the epicenter of it. Employment […]

Big Oil Companies

Summer Power Outages Coming Soon!!

May 12, 2025 Andy Del Prado

Daily Standup Top Stories U.S. Largest Grid Operator is warning of Summer Power Shortages May 11, 2025 Clark Savage Key Points Research suggests potential summer power shortages in the U.S. grid, especially in PJM’s region, due […]

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