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Home2023November

Month: November 2023

Petrobras
Crude Oil News

Petrobras looks to China for green partners – and more oil

November 24, 2023 Mariel Alumit

As the COP28 climate conference opens in Dubai next week, Brazil will be presenting a contradiction to the world: while promising to accelerate its energy transition, the country continues to invest massively in oil. One of the key […]

OPEC+ Nearing Compromise in Spat
Crude Oil News

OPEC+ Nearing Compromise in Spat with African Oil Producers Over Quotas

November 24, 2023 Mariel Alumit

The OPEC+ group has made progress in talks with its African producers over their oil output quotas next year, three OPEC+ sources told Reuters on Friday, after the alliance had to postpone this weekend’s meeting over the […]

ENB Podcast

ENB#157 Dr. Robert Brooks – Insights from China on LNG, natural gas and the global energy security crisis.

November 24, 2023 Mariel Alumit

When sitting down years ago to decide on how to do a podcast, it never crossed my mind that conversations like today’s would be possible. I had the pleasure of sitting down with Robert Brooks, […]

LNG
ENB Pub Note

Will China’s exponential growth in LNG re-exports continue? And does it impact geopolitics?

November 24, 2023 Mariel Alumit

ENB Pub Note: This LinkedIn article from Fei Xu has some great information about the market re-balancing of China’s reselling of LNG shipments. What she fails to cover in this article is the second-order magnitude […]

Gold price
Finance

Gold price forecast to hit record high

November 24, 2023 Mariel Alumit

Investors are increasingly seeking a safe store of value amid economic uncertainty, according to Fundstrat Gold prices could soon reach a record $2,500 per ounce, driven by safe-haven investor demand in the wake of global […]

Doomsday Missile
Geopolitical

Russia Moves Its “Doomsday Missile” Closer To Europe

November 24, 2023 Mariel Alumit

Via Remix News, From its current location, the missile can reach London or Berlin in a matter of minutes… Russian missile fueling tanker. In a move designed to flex its nuclear muscle, Russia has redeployed […]

Russia’s
Finance

Russia’s economy growing three times faster than Eurozone – Guardian

November 24, 2023 Mariel Alumit

Western sanctions have so far failed to halt Russia‘s economic growth, which is now projected to outpace that of the Eurozone, the Guardian reported on Thursday, citing investment firm Amundi. According to the company’s forecast, […]

LNG
Exports

German firm eyes Nigerian LNG supplies

November 24, 2023 Mariel Alumit

Germany’s Johannes Schuetze Energy Import has signed a memorandum of understanding with Riverside LNG to buy liquefied natural gas from the latter’s planned project in Nigeria. The deal was signed in Berlin during the 10th […]

South Korea’s Daewoo
Imports

South Korea’s Daewoo E&C inks MoU with Yemen to build LNG import terminal

November 24, 2023 Mariel Alumit

South Korea’s Daewoo Engineering & Construction signed a memorandum of understanding with Yemen’s Ministry of Electricity and Energy to build a liquefied natural gas (LNG) receiving terminal in Yemen. According to a statement by Daewoo […]

Spot LNG shipping rates
Commodities

Spot LNG shipping rates nearly flat this week

November 24, 2023 Mariel Alumit

Spot liquefied natural gas (LNG) freight rates were almost flat this week when compared to the previous week, according to Spark Commodities. Last week, LNG shipping rates fell for the first time in four weeks. […]

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