The U.S. energy landscape is at a crossroads. Aging coal and natural gas power plants, once slated for retirement, are being propped up with temporary fixes to meet surging electricity demand, particularly from the booming […]
Federal government jobs fell by 22,000, to the lowest share of total payrolls since… whenever. By Wolf Richter for WOLF STREET. Total nonfarm payrolls rose by 139,000 in May, to 159.6 million, according to the Bureau of Labor […]
ENB Pub Note: I covered Egypt’s energy mix and why they need to import LNG rather than export here:Second FSRU arrives in Egypt – Why did an LNG export country now have to start importing […]
EIA said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 25 LNG vessels is 94 Bcf. This compares to 29 shipments and 109 Bcf in the week ending May 28. […]
“Spark30S (Atlantic) freight rates held steady this week, decreasing marginally by $500 to $29,000 per day this week,” Spark’s commercial analyst Max Glen-Doepel told LNG Prime on Friday. Meanwhile, Spark25S (Pacific) rates also remained stable, […]
About 1.80 million tonnes of LNG or 28 cargoes left the three Gladstone terminals on Curtis Island last month, GPC’s data shows. This compares to about 1.89 million tonnes of LNG or 28 cargoes in May 2024. May […]
ENB Pub Note: This is an ecological disaster, potentially unfolding. Current Status and Mitigation Crew Safety: All 22 crew members were safely evacuated, and no injuries have been reported, reducing immediate human risk. Response Efforts: […]
The Red Sea, a critical artery for global energy trade, is witnessing a resurgence in oil and liquefied natural gas (LNG) shipping following a slowdown in Houthi attacks. Since November 2023, Yemen’s Iran-backed Houthi rebels […]
Drewry’s weekly World Container Index (WCI) increased 41% to $3,527 per feu yesterday, the second highest leap dollars-wise since the index was created, with the busy transpacific leading the way once again amid a brief […]
ENB Pub Note: I am reaching out to their CEO to see about getting an interview for the Energy News Beat Podcast. Investments in this kind of technology and leadership will solve problems. EuropeOffshore Marine […]
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