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Home2025April

Month: April 2025

Vehicles
Finance

Our Drunken Sailors Are Back: Sales of Used Vehicles Surge in March, same as New Vehicles. Retail Sales Might Look Good

April 14, 2025 Stu Turley

Despite their foul mood, consumers are splurging on vehicles and may also be splurging on other products. By Wolf Richter for WOLF STREET. Sales of used vehicles at franchised dealers (such as GM or Ford or Honda dealers) […]

Chevron
Crude Oil News

Energy OPEC cuts oil demand forecast, sees growing economic uncertainty on Trump trade war

April 14, 2025 Clark Savage

ENB Pub Note: How this plays into the OPEC and OPEC+ production quotas has yet to be announced. We know that Saudi Arabia needs the 80 dollar range of oil for its fiscal budgets for […]

Critical Minerals

China Halts Critical Exports as Trade War Intensifies

April 14, 2025 Clark Savage

ENB Pub Note: Interesting article on China’s elimination of exports to the United States in Critical Minerals. This will actually backfire on the Chinese economy. It is the short-term spin-up of the processing of critical […]

NextDecade
Big Oil Companies

NextDecade, TotalEnergies seal 20-year LNG SPA

April 14, 2025 Mariel Alumit

NextDecade said on Monday that units of both firms have executed a long-term LNG sale and purchase agreement (SPA) for offtake from Train 4. Under the terms of the SPA, TotalEnergies Gas & Power North […]

Big Oil Companies

YPF expects more supermajors to join Argentina LNG project, CEO says

April 14, 2025 Mariel Alumit

In December 2024, YPF and UK-based LNG giant Shell signed a project development agreement (PDA) for the first phase of the Argentina LNG export project. Earlier this year, YPF also joined a floating LNG project […]

GAIL
Finance

India’s GAIL seeks stake in US LNG project

April 14, 2025 Mariel Alumit

GAIL launched an expression of interest on April 11. Interested bidders are required to submit offers by April 28. According to the document, GAIL is interested in sourcing 1 million metric tons per annum of […]

gas sales
Exports

Novatek’s gas sales slightly up in Q1

April 14, 2025 Mariel Alumit

Novatek said in its preliminary report on Monday that the company’s natural gas sales reached 21.48 bcm. This marks an increase of 0.1 percent as compared with the first quarter 2024, according to Novtek. Novatek […]

Noble gas project
Exports

Freeport LNG gets OK to place Noble gas project in service

April 14, 2025 Mariel Alumit

FERC said on April 11 it had granted a request by units of Freeport LNG to introduce hazardous fluids and place the Noble gas project in service. “Based on Commission staff review of the commissioning […]

China’s gas imports
Finance

China’s gas imports down in March

April 14, 2025 Mariel Alumit

Natural gas imports reached 9.15 million tonnes in March, the data from the General Administration of Customs shows. This compares to 10.75 million tonnes in March 2024. The world’s largest LNG importer paid about $4.12 […]

LNG imports
Finance

Greek LNG imports jump in Q1

April 14, 2025 Mariel Alumit

The Greek gas grid and Revithoussa LNG terminal operator said the LNG shipments in the three-month period totaled 10.65 terawatt hours, or 20 tankers. This marks a 53.7 percent rise compared to 6.93 terawatt hours, or […]

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