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Home2025May

Month: May 2025

Crude Oil News

Oil Prices Sink 4% on Hints of U.S.-Iran Deal

May 15, 2025 Clark Savage

Oil prices decreased sharply following comments from President Trump indicating the U.S. is close to a nuclear deal with Iran. Iran’s officials have suggested they would consider abandoning uranium enrichment if the United States lifts […]

Venture Global
Exports

Venture Global reveals LNG fleet details

May 15, 2025 Mariel Alumit

In March last year, Venture Global announced that it had nine LNG carriers on order in South Korea, further advancing its business integration across the entire LNG supply chain. Six of these vessels have a cargo capacity […]

Coal

EU Sanctions & LNG Boom: What’s Next?

May 15, 2025 Andy Del Prado

Daily Standup Top Stories Aramco plans to join Woodside’s Louisiana LNG project May 14, 2025 Mariel Alumit ENB Pub Note: This is huge. The Woodside Louisiana LNG project has a total permitted export capacity of 27.6 […]

Keyfield
International News

Keyfield finds partner for expansion into Indonesia

May 15, 2025 Stu Turley

Offshore support and accommodation vessels company Keyfield International has entered into a memorandum of understanding with Indonesia’s PT Elnusa Trans Samudera (ETSA). Keyfield entered into the agreement through its subsidiary Keyfield Offshore. The collaborative framework […]

Staatsolie
International News

Staatsolie secures $1.6bn loan to enter TotalEnergies project in Suriname

May 15, 2025 Mariel Alumit

Staatsolie arranged the loan with a group of 18 international, regional and local banks and financial institutions. With this loan, the company can partly finance its 20% participation in the GranMorgu project in Suriname’s offshore […]

offshore wind
International News

Companies submit contracts to develop 2.7GW of offshore wind in Taiwan

May 15, 2025 Mariel Alumit

All five developers that were awarded capacity in Taiwan’s latest offshore wind tender have submitted their contracts to the country’s Ministry of Economic Affairs. The five tender winners were originally announced in August 2024 with […]

Germany
Coal

Germany opens up for ship recycling

May 15, 2025 Stu Turley

ENB Pub Note: Why is this important, and what is not readily understood? By following Net Zero policies, they have shut down their steel mills using coal, requiring them to use arc furnaces that can […]

International News

Singapore LNG volumes rise in April

May 14, 2025 Mariel Alumit

Preliminary bunkering data on MPA’s website shows LNG bunkering sales in the world’s largest bunkering port reached 41,996 mt last month. This compares to 35,552 mt in April 2024. Also, this is the highest monthly […]

Price
Finance

Here Come the HELOCs: Mortgages, Housing-Debt-to-Income-Ratio, Serious Delinquencies, and Foreclosures in Q1 2025

May 14, 2025 Stu Turley

Who’s on the hook this time? Mostly not the banks, but taxpayers, except for HELOCs. By Wolf Richter for WOLF STREET. Mortgage balances rose by $195 billion (+1.5%) in Q1 from Q4, and by $358 billion (+2.9%) year-over-year, […]

Exports

Aramco plans to join Woodside’s Louisiana LNG project

May 14, 2025 Mariel Alumit

ENB Pub Note: This is huge. The Woodside Louisiana LNG project has a total permitted export capacity of 27.6 million tonnes per annum (Mtpa). The foundational phase, approved with a final investment decision in April […]

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