June container volume at Port Houston showed double-digit growth, totaling 323,823 TEUs, an 11% increase compared to the same month last year and the biggest June ever for containers. It’s the fifth month this year […]
Today’s news includes the threat that Russia will continue the recent cuts in gas supplies that Gazprom, the state gas company, has imposed. Moscow may not fully reconnect the Nord Stream 1 pipeline that carries gas under […]
CEOs, Industry Experts, and both of my fans know that I enjoy talking about energy. It is great fun to learn from industry thought leaders, and today is no exception. Sarp Ozkan, VP, Enverus, stopped […]
According to the U.S. Energy Information Administration (EIA) report, weekly LNG exports have increased by one vessel from last week, while the Henry Hub spot price decreased to a monthly average. In the latest Short-Term […]
More LNG sector investment is needed to respond to the current energy crisis and to aid efforts to phase out Russian gas dependency, G7 leaders have agreed. With global gas prices having reached record highs […]
Liquefied natural gas company Cheniere Energy has made a positive Financial Investment Decision (FID) concerning the 10+ million tons per annum of LNG Corpus Christi Stage 3 Liquefaction Project. Cheniere said that it issued full […]
US LPG cargoes loading in June for delivery to Asia in July are estimated at 2.9 million mt, up from 2.4 million mt loading in April, while July-loading cargoes for August arrival are projected around […]
The volume of long-term LNG contracts signed to end-user markets climbed to a 5-year high in 2021. 10-year LNG contracts are currently priced at ~75% above 2021’s rate. Bloomberg data shows that LNG demand is […]
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”, […]
In a single day, South Korean shipbuilder Samsung Heavy Industries (SHI) received orders for the construction of a total of fourteen liquefied natural gas (LNG) carriers. On 21 June 2022, SHI won an order from […]
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