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Home2025July

Month: July 2025

Venture Global
Finance

Venture Global, SEFE seal new 20-year LNG supply deal

July 10, 2025 Mariel Alumit

Under the deal, SEFE’s subsidiary, SEFE Energy, will purchase an additional 0.75 million tonnes per annum (mtpa) of LNG from CP2 LNG, Venture Global’s third project, for 20 years. Ventire Global said this amends the […]

Big Oil Companies

Brazil, Guyana, Argentina Fuel a New Oil Boom: Oil Majors Capitalize, Investors Eye Opportunities

July 10, 2025 Clark Savage

South America is emerging as the epicenter of a new oil boom, with Brazil, Guyana, and Argentina leading the charge. As global oil majors like ExxonMobil, Chevron, and others pivot to these resource-rich nations, their […]

Oil Prices
Coal

EU Increases Fossil Fuel Power Generation as Renewables Falter

July 10, 2025 Clark Savage

The European Union, long a champion of the green energy transition, is facing a stark reality: fossil fuel power generation is surging as renewable energy sources struggle to meet demand. A recent report from OilPrice.com […]

Gulfstream LNG
Exports

Gulfstream LNG submits FERC application

July 10, 2025 Mariel Alumit

Gulfstream LNG said in its application dated July 7 that it requests the Commission to issue an order granting the authorization to site, construct, and operate the liquefaction and export facility by no later than […]

Taiwan
Imports

Taiwan’s LNG imports slightly down in June

July 10, 2025 Mariel Alumit

Preliminary data from the Directorate General of Customs shows that the country received 1.90 million tonnes of LNG in June This is down 0.5 percent year-over-year compared to 1.91 million metric tons in June 2024, […]

Excelerate
International News

Excelerate to install reliquefaction unit on Brazilian FSRU

July 10, 2025 Mariel Alumit

Exclerate said in a social media post on Tuesday that the reliquefaction unit is expected to be installed during the next planned dry dock for the 2014-built 174,000-cbm Experience. “As the sole provider of FSRUs […]

European network of LNG stations
Imports

European network of LNG stations reaches new milestone

July 10, 2025 Mariel Alumit

Besides 801 LNG stations, there are 4239 CNG fueling stations for vehicles in Europe, data by the Brussels-based association shows. Established in 1990, Eurogas now has over one hundred members across Europe and the world. […]

Coal

DOE’s Alarming Grid Report: Blackouts Could Soar 100%!

July 10, 2025 Andy Del Prado

Daily Standup Top Stories UAE Says Oil Market Needs More Oil with Healthy Demand July 9, 2025 Clark Savage The global oil market is showing signs of robust demand, according to United Arab Emirates Energy Minister […]

Kerala
International News

Kerala sues MSC for $1.1bn over environmental disaster caused by sinking of 28-year-old boxship

July 9, 2025 Mariel Alumit

The Kerala state government has filed an admiralty suit against Mediterranean Shipping Company (MSC), seeking $1.1bn in compensation for environmental and economic damages resulting from the sinking of the MSC Elsa-3 off the state’s coast […]

K Shipbuilding
Finance

K Shipbuilding put up for sale

July 9, 2025 Mariel Alumit

South Korea’s revitalised mid-sized shipbuilder, K Shipbuilding, has been officially put on the market, with owners targeting a sale price of up to KRW1trn ($730m). The sale marks a dramatic turnaround for the former STX […]

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