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Home2024

Year: 2024

charter
LNG

Australia’s Origin reports lower APLNG revenue

January 31, 2024 Stu Turley

The Australia Pacific LNG project logged lower revenue during the quarter ending December 30 compared to the same quarter last year, according to shareholder Origin Energy. Origin, whose shareholders in December rejected a takeover offer from […]

Saudi
Crude Oil News

Saudi Arabia orders Aramco to lower oil capacity target

January 31, 2024 Mariel Alumit

DUBAI, Jan 30 (Reuters) – Saudi Arabia’s government on Tuesday ordered state oil company Aramco (2222.SE), opens new tab to halt its oil expansion plan and to target a maximum sustained production capacity of 12 million barrels […]

Price
International News

India should do better than China in its region – foreign minister

January 31, 2024 Stu Turley

  New Delhi should have “more confidence” as it competes with Beijing in South Asia, Subrahmanyam Jaishankar has said India should “welcome competition” and have “more confidence” in the face of growing Chinese influence in […]

Geopolitical

New EU plan to get gas from Africa unveiled

January 31, 2024 Stu Turley

The African Union says it would have liked to be consulted prior to the launch of the Italian partnership project Italian Prime Minister Giorgia Meloni unveiled a partnership initiative on Monday, aiming to strengthen cooperation […]

Price
International News

IMF improves Russia’s 2024 GDP growth forecast

January 31, 2024 Stu Turley

  The economy is projected to expand much more rapidly this year than previously expected The IMF significantly has raised its growth forecast for the Russian economy in 2024 in its latest World Economic Outlook […]

charter
LNG

New CEO to take helm at Singapore LNG

January 31, 2024 Mariel Alumit

Leong Wei Hung has been appointed as the chief executive officer of Singapore LNG, the operator of the country’s first LNG import terminal on Jurong Island. With effect from April 7, 2024, he will succeed […]

IEA
International News

Global gas demand set for stronger growth in 2024 despite heightened geopolitical uncertainty

January 31, 2024 Mariel Alumit

Demand is rebounding as a result of expected colder weather and lower prices, IEA’s latest Gas Market Report says, but limited new LNG production means supply will remain tight Growth in global gas demand is […]

gas
Climate Crisis

The gas stove fight finally flames out

January 31, 2024 Mariel Alumit

The war over gas stoves has just been shoved to the back burner. Republicans and some centrist Democrats spent months last year defending the fossil-fuel-powered appliances against a threat that the Biden administration had never actually […]

Price
Press

Euronav sells fleet data analytics platform to ZeroNorth

January 31, 2024 Stu Turley

Belgian tanker giant Euronav has sold its Fleet Automatic Statistics and Tracking (FAST) platform to Danish vessel optimisation brand ZeroNorth. FAST collects advanced high-frequency data in real-time from sensors across Euronav’s fleet. The Saverys family-controlled […]

QatarEnergy
Crude Oil News

QatarEnergy dishes out $6bn worth of contracts for Al-Shaheen expansion

January 31, 2024 Mariel Alumit

Middle EastOffshore NOC Middle Eastern oil and gas producer QatarEnergy has awarded engineering, procurement, construction and installation contracts worth $6bn for the next development phase of its Al-Shaheen oilfield, to boost production by about 100,000 […]

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