The FSRU-based LNG import facility in the Dutch port of Eemshaven, owned by Gasunie and Vopak, has received 82 shipments since its launch in September 2022, mostly from the United States. Operated by EemsEnergyTerminal, the […]
Data source: U.S. Energy Information Administration, Monthly Crude Oil and Natural Gas Production Crude oil production in the United States reached a record high in August 2023, led primarily by more production in Texas. In 2023, most […]
Data source: Global Trade Tracker Russia’s reliance on four, mainly Asian, countries to import its coal has increased since some countries implemented sanctions against Russia after it invaded Ukraine, according to Global Trade Tracker data. This […]
Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, January 2024 We expect average wholesale electricity prices for 2024 in most areas of the country to be close to or slightly lower than in 2023 because of […]
In our latest Short-Term Energy Outlook, we forecast that wind and solar energy will lead growth in U.S. power generation for the next two years. As a result of new solar projects coming on line […]
In our January Short-Term Energy Outlook (STEO), we expect average U.S. retail gasoline prices to decrease in 2024 because of increased inventories related to increased refinery capacity. In 2025, we expect slightly reduced gasoline consumption to further […]
A unit of French energy giant TotalEnergies has recently completed the 100th LNG bunkering operation with its chartered vessel, Gas Vitality, in Marseille. The 135 meters long 18,600-cbm LNG bunkering vessel, owned by Japan’s MOL, […]
The number of UK businesses on the brink of bankruptcy skyrocketed by more than a quarter at the end of last year amid a “debt storm” triggered by a series of interest rate hikes, a […]
Japan’s liquefied natural gas imports dropped 8.1 percent in 2023, and the country lost its position as the world’s top LNG importer to China. According to the provisional data released by the country’s Ministry of […]
A joint venture consisting of China Gas, Wah Kwong Maritime Transport, and CSSC Shipping is expected to order two more liquefied natural gas (LNG) carriers from Dalian Shipbuilding Industry (DSIC) this year, according to shipbuilding […]
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