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Home2025May

Month: May 2025

Pending Home Sales
Finance

Pending Home Sales Plunge in All Regions, Inventories Surge. In the West & South, Collapsed Sales Meet Spiking Inventories

May 29, 2025 Stu Turley

Adios, “spring selling season.” By Wolf Richter for WOLF STREET. Pending home sales, a forward-looking indicator of “closed sales” of existing homes, plunged by 6.3% in April from March, seasonally adjusted, according to data from the National Association […]

NextDecade
Coal

NextDecade, Jera seal 20-year LNG SPA – and what is the Energy mix for Japan

May 29, 2025 Mariel Alumit

ENB Pub Note: The update from LNGPrime is below on the 20-year LNG SPA, and I have included the LNG summary and energy mix for Japan above. Japan’s LNG Imports In fiscal year 2023 (April […]

Amomonia

Solar is MORE expensive than Gas (w/ receipts)

May 29, 2025 Andy Del Prado

Daily Standup Top Stories Spain – the aftermath by Doug Sheridan – Wind and Solar are infact more expensive May 28, 2025 Clark Savage ENB Pub Note: This is an outstanding post on LinkedIn from Doug […]

ENB Pub Note

Understanding Economic Growth vs. Debt and Spending – Without DOGE cuts the falicy of growing our way out out of dept is just foolish thinking.

May 29, 2025 Clark Savage

Peter St Onge, Ph.D. is one of my favorite X personalities in the finance world. He just posted a great post, and it prompted me to do a little digging. I have also reached out […]

Oil Prices
Crude Oil News

Oil Prices Jump After Court Blocks Trump’s Tariffs

May 29, 2025 Mariel Alumit

A U.S. trade court ruled President Trump exceeded his authority by imposing tariffs, reinforcing congressional control over trade. Oil prices rose over 1% as traders welcomed the ruling and bullish signals from demand forecasts countering […]

Big Oil Companies

Noble fixes rig on UK carbon storage project

May 29, 2025 Stu Turley

Offshore rig owner Noble Corporation has secured work for its jackup Noble Innovator on the UK North Sea carbon storage project. The New York-listed Texas-headquartered driller has won a new contract from BP which will […]

Big Oil Companies

Eni selling nearly half of its carbon capture business to BlackRock’s GIP

May 29, 2025 Stu Turley

Eni is selling nearly half of its carbon capture business, which prompts me to pause and examine the overall market first. We have seen the failure of Shell and BP’s run at the green energy […]

Avenir
Press

Avenir seals multi-year vessel deal with Excelerate Energy

May 29, 2025 Stu Turley

Small-scale liquified natural gas (LNG) player Avenir has landed a charter extension with Excelerate Energy for one of its vessels. The London-based outfit with five LNG bunker ships on the water and two under construction […]

Petrobras
Big Oil Companies

What is the Energy mix in Brazil and Petrobras awards offshore work worth over $500m to Mota-Engil

May 29, 2025 Stu Turley

ENB Pub Note: The update on offshore work is provided below, along with the energy mix and oil production for Brazil.  Oil Production in Brazil In 2024, Brazil produced an average of 3.358 million barrels […]

Crude Oil News

Sanctions still don’t work as intended – nor should we expect them to bring Putin to the table.

May 29, 2025 Stu Turley

Estimating Russia’s revenue from oil, gas, and LNG over the last four years (2021–2024) and its share of GDP involves compiling data from available sources, acknowledging gaps, and making reasonable approximations. Below, I provide a […]

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