Samsung Heavy said on Monday that it will build the LNG carriers for unidentified owners in Oceania. Under the first order, Samsung Heavy will build four LNG carriers for 1.43 trillion won ($1.04 billion), or […]
In an era where energy security is synonymous with geopolitical power, the United States has emerged as a global leader in liquefied natural gas (LNG) exports. Record-breaking shipments in 2025 underscore America’s push toward energy […]
This was a crazy week on the news desk. Check out the Energy News Beat Substack on the Alaskan Summit we put out this morning. Trump to Hold Off Hiking China Tariffs Over Russia Oil Purchases […]
The country imported 2.95 billion cubic meters, or about 2.2 million metric tonnes of LNG in July, via long-term contracts and spot purchases. July LNG imports were similar to those of the previous month, when they reached 3 […]
Under the agreement, Devon will supply 50,000 (MMBtu) per day of natural gas to Centrica’s trading arm, Centrica Energy, over a 10‑year term starting in 2028, according to a Centrica statement. The firm said this is […]
“Global LNG freight rates have remained relatively steady this week, with Spark30S (Atlantic) pricing in at $36,000 per day and Spark25S (Pacific) at $33,250 per day,” Spark’s data lead, Qasim Afghan, told LNG Prime on […]
In a surprising turn following the high-stakes Alaska summit between U.S. President Donald Trump and Russian President Vladimir Putin, Trump announced he would delay hiking tariffs on Chinese goods. This decision stems directly from China’s […]
Venture Global recently took FID on the first phase of its CP2 LNG project. First LNG from this phase is expected in late 2027. The company also closed the $15.1 billion project financing, claiming that […]
In an era where headlines are dominated by stock market volatility, housing bubbles, and geopolitical tensions, a quieter but potentially devastating economic threat is brewing: electricity inflation. Over the past five years, electricity prices have […]
As the highly anticipated Alaska Summit between Russian and U.S. leaders kicks off on August 15, 2025, the world watches with bated breath. This historic meeting, set against the backdrop of the Arctic’s vast energy […]
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