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Home2025February

Month: February 2025

Biden’s Keystone XL Cancellation
Climate Crisis

How Biden’s Keystone XL Cancellation Left Lasting Scars On U.S. Energy, Jobs, And Trust

February 27, 2025 Mariel Alumit

Biden’s Keystone XL cancellation has dealt lasting damage to U.S. energy, jobs, and trust in government—damage not easily undone. ​President Donald Trump turned heads with his call for restarting the Keystone XL Pipeline. While the […]

Corpus Christi
Exports

Corpus Christi LNG expansion project 78.3 percent complete

February 27, 2025 Mariel Alumit

Cheniere’s Corpus Christi plant currently liquefies natural gas at three operational trains, each with a capacity of about 5 mtpa. In June 2022, Cheniere made the final investment decision on the Corpus Christi Stage 3 expansion project, […]

Eni and Petronas
Imports

Eni and Petronas plan to create ‘major’ LNG player in Malaysia, Indonesia

February 27, 2025 Mariel Alumit

Italy’s Eni and Malaysia’s Petronas plan to establish a joint venture company to oversee selected upstream assets in Indonesia and Malaysia. The two firms announced on Thursday an exclusive memorandum of understanding to progress detailed […]

Ruwais LNG
Exports

Adnoc, Osaka Gas finalize Ruwais LNG supply deal

February 27, 2025 Mariel Alumit

Under the SPA, Osaka Gas will buy up to 0.8 million metric tonnes per annum of LNG. Moreover, LNG cargoes will be shipped to the destination ports of Osaka Gas and its Singapore-based subsidiary, Osaka […]

LNG sales
Big Oil Companies

Eni’s 2024 LNG sales climb

February 27, 2025 Mariel Alumit

According to its 2024 results report released on Thursday, Eni sold 9.8 bcm (7.2 million tonnes of LNG) in 2024. Full-year LNG sales rose 2 percent compared to 9.6 bcm in 2023. Moreover, Eni sold […]

Yangzijiang
International News

Yangzijiang secured orders for 38 LNG-powered containerships in 2024

February 27, 2025 Mariel Alumit

In 2024, the company secured new orders for 126 vessels valued at $14.6 billion. This is 324 percent more than its target of $4.5 billion for the 2024 financial year, “fueled by strong demand for […]

Norway
Energy Transition

Norway turning away from electricity interconnection

February 27, 2025 Mariel Alumit

Norway is turning away from electricity interconnection as its governing coalition collapses over disagreements over energy co-operation with Europe. Most of the Storting now agrees there should be no more interconnectors while several parties want […]

grid
Energy Crisis

New report: Blackout risks in the GB grid

February 27, 2025 Mariel Alumit

Today Net Zero Watch has published a new report I’ve written on the risks of blackouts in the GB power market. The report was primarily drafted late last year but sections were re-written after the near-miss on 8 January […]

BP
Big Oil Companies

BP cuts renewables investments by $5bn, sets sights firmly on oil and gas

February 27, 2025 Mariel Alumit

UK-based energy giant BP has announced it will cut its renewable energy investments and instead increase its investment in oil and gas production. The company buckled under pressure from investors who were unhappy over the […]

Climate Crisis

China Expands LNG Trucks

February 27, 2025 Andy Del Prado

Daily Standup Top Stories Trafigura: Iran Sanctions Are Biggest Bullish Catalyst On Oil Prices February 26, 2025 Clark Savage Trafigura Head of Trading: U.S. foreign policy vis-a-vis Iran is the main upside risk for oil. Last […]

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