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Crude Oil News

Naval Force Sees Minor Cargo Dip Via Oil Chokepoint Hormuz: What It Means for Energy Investors

June 16, 2025 Clark Savage

The Strait of Hormuz, the world’s most critical oil chokepoint, has experienced a minor dip in cargo traffic, according to recent reports from naval forces patrolling the region. Despite heightened geopolitical tensions and electronic interference […]

Big Oil Companies

TotalEnergies expands in Malaysia with Petronas deal

June 16, 2025 Mariel Alumit

An Update from LNGPrime.com rolled across our feed, and I added the TotalEnergies Q1 summary and why this is a good thing for investors. The update from LNGPrime.com is below. Is Oil & Gas Right […]

Deutsche ReGas
International News

Deutsche ReGas, German government reach deal on FSRU charter termination

June 16, 2025 Mariel Alumit

Private firm Deutsche ReGas announced this on Monday, saying that this agreement, with effect from February 2025, “corresponds to the express will of both contracting parties.” “All open issues arising from the contractual relationship regarding […]

CMA CGM
International News

CMA CGM in talks with Indian yards for LNG-powered vessels

June 16, 2025 Mariel Alumit

The Ministry of Ports, Shipping and Waterways (MoPSW) revealed this in a statement following a visit to the global headquarters of CMA CGM in Marseille, France, on June 12. The ministry stated that the visit […]

Crude Oil News

Rystad: Oil Prices To Remain Below $80 Despite Escalating Middle East Tensions

June 16, 2025 Clark Savage

The Middle East is once again at the epicenter of global energy market concerns as tensions between Israel and Iran escalate, raising fears of disruptions to oil and natural gas supplies. Despite recent military strikes […]

Big Oil Companies

Oil Prices EXPLODE – Where Are They Going Next?

June 16, 2025 Andy Del Prado

Daily Standup Top Stories Israel Targets Iran’s South Pars Gas Field in Escalating Airstrikes, Iran Retaliates June 14, 2025 Clark Savage In a significant escalation of hostilities, Israel has reportedly launched airstrikes on Iran’s South Pars […]

Crude Oil News

Is Closing the Strait of Hormuz the ‘Apocalyptic’ Scenario for the Oil Market?

June 14, 2025 Clark Savage

The Strait of Hormuz, a narrow 21-mile-wide passage between Iran and Oman, is the world’s most critical chokepoint for oil and liquefied natural gas (LNG) trade. Often described as the “jugular vein” of global energy, […]

LNG
International News

Tortue LNG cargo heads to Europe

June 13, 2025 Mariel Alumit

BP operates GTA with a 56 percent working interest alongside Kosmos Energy (27 percent), Petrosen (10 percent), and SMH (7 percent). According to its AIS data provided by VesselsValue, the 2018-built 173,400-cbm British Contributor, which […]

NextDecade
Finance

NextDecade, Bechtel agree $9 billion EPC deals for two Rio Grande LNG trains

June 13, 2025 Mariel Alumit

In August last year, NextDecade and Bechtel signed a $4.3 billion lump sum turnkey engineering, procurement, and construction (EPC) contract for the construction of the fourth Rio Grande LNG train. NextDecade announced on Thursday that […]

LNG
Exports

Atlantic LNG shipping rates rise to $33,000 per day

June 13, 2025 Mariel Alumit

“Spark30S (Atlantic) freight rates rose for the first time in almost six weeks, increasing by $4,000 to $33,000 per day this week,” Spark’s data lead Qasim Afghan told LNG Prime on Friday. Meanwhile, Spark25S (Pacific) […]

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