Norway’s Eidesvik Offshore has secured a contract extension for one of its LNG-powered PSVs. According to a statement by Eidesvik, compatriot energy firm Aker BP has declared an option to extend the contract for the […]
LNG-powered bulker owner Himalaya Shipping achieved average time charter equivalent earnings of about $28,400 per day in January. Tor Olav Trøim’s Himalaya said in a commercial update that the company’s six vessels trading on a […]
Spot charter rates for the global liquefied natural gas (LNG) carrier fleet rose for the first time since mid-November 2023, while European prices decreased this week compared to the week before. Last week, the Atlantic […]
Credit cards are the dominant payment method, from reimbursed business travel to ecommerce and bar tabs. And some people use them to borrow. By Wolf Richter for WOLF STREET. Credit cards are a measure of spending, not a […]
Japan’s power firm and LNG trader, Jera, has signed a memorandum of understanding with a unit of Indonesia’s state power company PLN to collaborate on liquefied natural gas procurement. Besides LNG procurement and optimization, the […]
Republican hopeful Nikki Haley has claimed New Delhi is close to Moscow as it views the Biden White House as weak India has fostered close ties with Russia as it views the Biden White House […]
Liabilities held by the public could exceed the country’s annual output as early as next year, according to the Congressional Budget Office US debt held by the public is expected to hit an all-time high […]
The political consultations between Ethiopia and Russia were praised by the African country’s foreign ministry Ethiopia’s first BRICS meeting since joining the group last month has been described as a “diplomatic victory” for the African […]
UK-based energy giant BP expects its LNG supply portfolio to increase to more than 25 million tonnes per annum by 2025, beating its previous target, according to CEO Murray Auchincloss. BP previously set a target […]
US liquefaction plants shipped 24 liquefied natural gas (LNG) cargoes in the week ending February 7, while natural gas deliveries to these terminals decreased by 4.9 percent compared to the week before. The EIA said […]
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