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Home2024May

Month: May 2024

Japan’s MOL
LNG

Japan’s MOL charters LPG carrier duo to TotalEnergies

May 16, 2024 Stu Turley

Japan’s shipping firm MOL said on Thursday it has signed a charter deal for two 88,000-cbm LPG carriers with French energy giant TotalEnergies. MOL did not provide any details regarding the charter deal its unit […]

HAM
LNG

HAM adds new LNG station in Spain

May 16, 2024 Stu Turley

Spain’s HAM Group continues to expand its network of LNG fueling stations for trucks with the opening of a new mobile station in Spain. The new mobile station in Torre-serona, Lleida, is located on the […]

Singapore
LNG

Singapore LNG bunkering volumes jump

May 16, 2024 Stu Turley

Singapore’s LNG bunkering sales jumped in the first four months of this year, reaching a new record, according to Singapore’s Maritime and Port Authority. Bunkering data posted on MPA’s website shows that LNG bunkering sales […]

Freeport LNG
LNG

Freeport LNG says all three trains in service

May 16, 2024 Stu Turley

Freeport LNG, the operator of the 15 mtpa liquefaction plant in Texas, has resumed operations at all of its three liquefaction trains. “Freeport LNG’s three liquefaction trains are in service,” a spokeswoman for Freeport LNG […]

Crescent Energy
Exploration and Production

Crescent Energy to Buy SilverBow as U.S. Shale Mergers Continue

May 16, 2024 Mariel Alumit

Crescent Energy will buy SilverBow Resources in a deal valued at $2.1 billion to create a major player in the Eagle Ford shale formation as the U.S. oil and gas mergers continue in the second […]

coal
Coal

Wyoming coal producers plead for state tax breaks amid new federal rules, crushing market forces

May 16, 2024 Mariel Alumit

With the state’s coal industry facing increasing federal regulations and a declining market, lawmakers are considering whether state subsidies, in the form of tax breaks, might mitigate the financial turmoil destabilizing a $650 million pillar […]

Japan
Energy Policy

Japan Looks To Strike A Balance Between Energy Security and Net Zero

May 16, 2024 Mariel Alumit

Resource-poor Japan is launching the most important energy policy discussions in its post-World War Two history, aiming to strike a balance between the need to boost its energy security with conventional sources and its pledge […]

copper
Critical Minerals

Report shows copper can’t be mined fast enough to electrify the US

May 16, 2024 Mariel Alumit

Copper cannot be mined quickly enough to keep up with current U.S. policy guidelines to transition the country’s electricity and vehicle infrastructure to renewable energy, according to a University of Michigan study. The Inflation Reduction […]

Shadow Oil Tanker Fleet
Crude Oil News

Russia’s Shadow Oil Tanker Fleet Causes 50 Maritime Accidents

May 16, 2024 Mariel Alumit

A report from Allianz SE highlights the serious environmental and safety risks posed by a burgeoning “shadow fleet” of oil tankers carrying sanctioned Russian crude. Over the past three years, as international sanctions on Russian […]

Banks
Crude Oil News

Banks Remain Financially Committed to Oil Despite Transition Shift

May 16, 2024 Mariel Alumit

The world’s 60 largest banks have invested $6.9 trillion in the oil and gas industry since the Paris Agreement was signed in 2016. Oil Change International reported, $3.3 trillion went towards expanding the production of […]

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