The European Union officially rolled out its 18th sanctions package today, overcoming opposition from Slovakia earlier in the week. The sanctions are aimed squarely at crippling Moscow’s revenue streams and tightening the noose on its […]
In the ever-evolving landscape of global energy markets, the Organization of the Petroleum Exporting Countries (OPEC) continues to navigate a delicate balance between securing greater market share and sustaining elevated oil prices. As of mid-2025, […]
Shell-chartered GasLog Glasgow arrived in Tongyeong, home of the Kogas-operated Tongyeong LNG import terminal, on Thursday, its AIS data provided by VesselsValue shows. South Korea’s Kogas, Japan’s Mitsubishi, Malaysia’s Petronas, and PetroChina are LNG Canada […]
Data from the General Administration of Customs shows that the country received 5.31 million tonnes last month. This compares to 5.62 million tonnes in June 2024. During the first six months of this year, China imported […]
We are seeing more and more stories of key indicators of the shift back to energy normalcy. A small increase in Rigs this week in the U.S., but globally up 27; however, that is still […]
In a significant policy reversal, the Trump administration’s Department of the Interior (DOI) announced new measures to eliminate what it calls “regulatory favoritism” toward wind and solar energy projects. This initiative includes an enhanced oversight […]
The U.S. drilling industry showed signs of revival this week, with the total rig count rising for the first time in 12 weeks. According to the latest data from Baker Hughes, the active rig count […]
EIA said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 30 LNG vessels is 114 Bcf. This compares to 27 LNG vessels and 104 Bcf in […]
Last month, Freeport LNG’s units sought from FERC an approximately 40-month extension of time for the Train 4 project. “Based on the facts presented in the request and the case record, the applicants are granted […]
Spark’s data lead, Qasim Afghan, told LNG Prime on Friday that Spark30S (Atlantic) freight rates increased by $2,000 to $33,750 per day. Meanwhile, Spark25S (Pacific) rates stayed relatively steady at $38,250 per day and continued to price […]
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