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Home2025April

Month: April 2025

Inflation
Finance

Inflation Is in the Revisions? What Stands Out Once Again in the PCE Price Index? Sharp Up-Revisions of Prior Month’s Inflation

April 30, 2025 Mariel Alumit

Up-revisions pushed the 12-month core PCE price index for February to +3.0%, and the 6-month index to +3.4%, worst since July 2023. But March was benign? By Wolf Richter for WOLF STREET. The inflation measure released today for […]

ENB Pub Note

U.S. LNG will be the United States’ largest export product – Secretary Chris Wright

April 30, 2025 Clark Savage

On the Crude Truth Substack, Rey Trevino writes: Secretary Chris Wright provided a comprehensive summary of the first 100 days of the Trump administration’s energy initiatives during the cabinet meeting today. As an oil and […]

ENB Pub Note

MOL’s LNG fleet continues to expand

April 30, 2025 Mariel Alumit

ENB Pub Note: Why is it important to note that the Japanese shipping firm is increasing the number of tankers and currently has about 30 new tankers on order? One key point President Trump has […]

ENB Pub Note

India’s HPCL, Adnoc ink LNG supply deal

April 30, 2025 Mariel Alumit

ENB Pub Note: India is critical to global trade and market stability. The article below from LNG Prime points out the new agreement between HPCL and Adnoc Trading. Let’s take a look at the overall […]

Crude Oil News

U.S. oil companies spent less on interest over the last decade despite higher rates

April 30, 2025 Stu Turley

ENB Pub Note: This article from the EIA highlights significant challenges that the United States’ oil and gas companies face. However, what the world is facing is a lack of investment in oil and gas, […]

GDP
Finance

GDP Whacked by Massive Spike in Imports on Frontrunning of Tariffs. Consumer Spending Grew, Business Investment Soared

April 30, 2025 Stu Turley

“Final sales to private domestic purchasers” jumped by 3.0%, on strength in the private economy of businesses and consumers. By Wolf Richter for WOLF STREET. A massive spike in imports, by far the worst ever, on tariff-frontrunning subtracted […]

Amigo LNG
Exploration and Production

Amigo LNG, Oman’s OQ Trading seal 15-year SPA

April 30, 2025 Mariel Alumit

According to a joint statement on Tuesday, OQ Trading will purchase 0.6 million tonnes per annum (mtpa) of LNG on a FOB basis from Amigo LNG’s export terminal in Guaymas, Sonora, Mexico. “This long-term supply […]

PD Ports
Press

PD Ports planning development of $260m UK offshore wind hub

April 30, 2025 Stu Turley

PD Ports has revealed plans to build one of the UK’s largest offshore wind manufacturing and installation hubs – the Teesport Offshore Gateway – an investment worth around £200m ($267m). The project will unlock just […]

BP
Big Oil Companies

BP to supply feed gas to Woodside’s Louisiana LNG

April 30, 2025 Mariel Alumit

ENB Pub Note: This is an essential update from Woodside and BP on the Louisiana LNG Gas Management commitment for a long-term basis from BP.  One topic that is not covered in this story is […]

TotalEnergies
Big Oil Companies

TotalEnergies quarterly LNG earnings up, sales down

April 30, 2025 Mariel Alumit

During the first quarter, TotalEnergies sold 10.6 million tonnes of LNG, down percent compared to 10.7 million tonnes in the same period last year, and down 2 percent compared to 10.8 million tonnes in the prior […]

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