TOKYO, Oct 11 (Reuters) – Japan is considering stepping up purchases of liquefied natural gas (LNG) for emergency needs to at least 12 cargoes a year from three now, an official of its industry ministry […]
Iran’s crude oil exports have dramatically slowed in October as the country braces for possible retaliation following its October 1 missile attack on Israel. With Israeli strikes on Iranian oil facilities a topic of discussion, […]
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday. The total rig count rose by 1 […]
Six-month core PPI: +3.4%. Six-month services PPI: +3.7%. Year-over-year, both also accelerated further. But energy prices plunged. By Wolf Richter for WOLF STREET. The plunge in energy prices caused the Producer Price Index to inch up by just […]
In the Energy News Beat – Conversation in Energy with Stuart Turley, David Allen, Managing Director of Octane Investments, discusses the complex intersections of energy and finance. David shares insights from his career, including experiences […]
In February 2023, the UN Security Council debated Russia’s request for a UN-led inquiry into the September 2022 explosions along the Nord Stream pipelines. The USA was “not interested” in an independent investigation of the attack on […]
Licenses allow ConocoPhillips to advance legal efforts Texas-based oil and gas producer owed $10 billion by Venezuela ConocoPhillips has been granted a string of licenses by the US government that allow the oil and gas producer […]
The agency said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 26 LNG vessels is 96 Bcf. This compares to 25 shipments and 94 Bcf in the week […]
LNG imports decreased by 26 percent year-on-year to 14.2 TWh in September and accounted for 58.9 percent of the total gas imports. Previously, Spanish LNG imports decreased by 41 percent year-on-year to 13.2 TWh in August. […]
Last week, both Atlantic and Pacific LNG shipping rates declined. “Spark30S Atlantic rates dropped for a third consecutive week, reducing by $6,500 to $45,000 per day,” Qasim Afghan, Spark’s commercial analyst, told LNG Prime on Friday. […]
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