In the ever-evolving landscape of global finance, whispers from Beijing suggest that China may be on the cusp of a groundbreaking move: unveiling a new initiative that could position the yuan as a formidable contender […]
In recent years, Germany has been at the forefront of the global energy transition, championing ambitious green policies and aggressively phasing out both coal and nuclear power. However, as the country grapples with energy shortages […]
In a bold move signaling robust growth in the energy sector, Mitsubishi Heavy Industries Ltd. (MHI) has announced plans to double its gas turbine production capacity over the next two years. This decision comes amid […]
The United States has achieved a new milestone in its liquefied natural gas (LNG) sector, exporting a record-breaking 9.33 million metric tons (MT) in August 2025. This figure surpasses the previous monthly high of 9.25 […]
Data source: U.S. Energy Information Administration, Petroleum Supply Monthly (total U.S. production) and Enverus (county-level data) Data values: U.S. Field Production of Crude Oil Between 2020 and 2024, total crude oil and lease condensate production in the United States grew by […]
Cheniere’s Corpus Christi plant currently liquefies natural gas at three operational trains, each with a capacity of about 5 mtpa. In June 2022, Cheniere made the final investment decision on the Corpus Christi Stage 3 expansion project, […]
Floater specialist BW Offshore has signed a head of agreement with Equinor confirming its selection as the preferred bidder for the FPSO unit for the Bay du Nord project offshore Newfoundland and Labrador, Canada. Bay […]
In a significant move to curb Iran’s illicit oil revenues, the U.S. Treasury Department has imposed sanctions on a shipping network accused of smuggling Iranian crude oil by disguising it as Iraqi crude. The network, […]
Hookaido Gas said in a statement that it held a ceremony to celebrate the trucking milestone. The utility launched its LNG satellite supply business in 2012, coinciding with the start of operations at the Ishikari […]
According to a joint statement, the liquefaction hub will be located at the planned Fermeuse marine supply base, transforming Newfoundland and Labrador into a “major” LNG exporter to Europe and beyond. Fermeuse will deploy “advanced” […]
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