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Home2024February

Month: February 2024

US Sanctions
Finance

Thursday’s Energy Absurdity: New US Sanctions on Russia Harm India – is That Wise?

February 29, 2024 Mariel Alumit

“Delhi has had to weigh its geopolitical economic interests as a close ally of the U.S. in the Indo-Pacific region with its continued dependence on cheap Russian oil, coal, and fertilizers and armaments for meeting […]

Europe
Press

The Brief – Realism has struck

February 29, 2024 Stu Turley

Forget Western ‘troops on the ground’ in Ukraine. French President Emmanuel Macron had a much more important message to deliver this week. Monday’s meeting of more than 20 European leaders in Paris, meant as a […]

Pakistan
Geopolitical

Analyzing Pakistan’s Decision To Begin Building A Decade-Delayed Pipeline With Iran

February 29, 2024 Mariel Alumit

Observers shouldn’t interpret this move as a blatant act of defiance against the country’s traditional American partner, however, but rather as a pragmatic means to avoid having Iran take Pakistan to the International Arbitration Court […]

Zelenskyy
Press

Zelenskyy asks Western Balkans to produce military equipment to help fight Russia

February 29, 2024 Stu Turley

  Ukrainian President Volodymyr Zelenskyy asked Western Balkan countries on Wednesday (28 February) to start producing military equipment to help his country fight Russia, as the EU and US continue to grapple with providing military […]

Sempra
LNG

Sempra targets Cameron LNG expansion FID in H1 2025

February 29, 2024 Stu Turley

US LNG exporter Sempra Infrastructure, a unit of Sempra, expects to take a final investment decision to expand its Cameron LNG plant in the first half of 2025. “We are anticipating taking an FID on […]

natural gas
Press

Supply offer three times larger than EU demand for natural gas under joint scheme

February 29, 2024 Stu Turley

  Global suppliers of natural gas have shown significant interest in the EU’s aggregated demand for natural gas, with suppliers’ offers outstripping the bloc’s demand by three times – a heartening result for the bundling […]

Fervo
Exploration and Production

Fervo Energy Raises $244 Million to Accelerate Deployment of Next-Generation Geothermal

February 29, 2024 Mariel Alumit

HOUSTON, TX (February 29, 2024) – Fervo Energy (“Fervo”), the leader in next-generation geothermal development, today announced that it has raised $244 million in new funding led by Devon Energy, a pioneer in shale oil and gas. […]

TotalEnergies
Finance

TotalEnergies seals 16-year LNG supply deal with Singapore’s Sembcorp

February 29, 2024 Mariel Alumit

Image: TotalEnergies French energy giant TotalEnergies has signed a 16-year liquefied natural gas (LNG) supply deal with Singapore’s Sembcorp Industries. TotalEnergies Gas & Power Asia and Sembcorp Fuels signed the sale and purchase agreement. According […]

net
Earnings

Excelerate reports higher net income in 2023

February 29, 2024 Mariel Alumit

US FSRU player Excelerate Energy reported higher net income and adjusted Ebitda in 2023 mainly due to new charters in Finland and Germany. Besides new charters, net income rose 58.5 percent to $126.8 million in […]

LNG
Exports

UK was top destination for US LNG cargoes in December

February 29, 2024 Mariel Alumit

The United Kingdom was the top destination for US liquefied natural gas (LNG) supplies in December as Europe continues to receive the majority of volumes produced at US liquefaction plants, according to the Department of […]

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