Exports
Peru LNG boosts shipments in 2024
A spokesman for Hunt Oil told LNG Prime that in 2024 “there were 57 vessels equivalent to 205 TBtus,” This is some 3.98 million tons of LNG. The spokesman said in November that Peru LNG […]
Year: 2025
Exports
Gladstone LNG exports climb in 2024
Curtis Island is home to the Santos-operated 7.8 mtpa GLNG plant, the ConocoPhillips-led 9 mtpa APLNG terminal, and Shell’s 8.5 mtpa QCLNG facility. These are the only LNG export facilities on Australia’s east coast. The […]
International News
First Gen secures 25-year permit for Batangas LNG import terminal
First Gen said on Monday that its unit FGEN LNG has received from the Department of Energy a permit to operate and maintain (POM) for its interim offshore LNG terminal located in the First Gen […]
Energy Transition
UK power was cleanest ever in 2024 -At what price?
The UK has halved its reliance on fossil fuels for electricity and doubled renewables in the last decade, with last year the cleanest ever. Carbon dioxide emissions from electricity have dropped by more than two-thirds, […]
Geopolitical
Revisiting national security in the context of global commerce
In light of the US rejection of the Nippon Steel and US Steel deal, Wolfgang Lehmacher discusses the ongoing erosion of trade agreements. The erosion of trade agreements, particularly through the invocation of national security […]
Finance
Status of US Dollar as Global Reserve Currency: USD Share Hits 30-Year Low as Central Banks Pile on Other Currencies & Gold
If the rate of decline over the past 10 years continues, the dollar’s share will sink below 50% by 2034. By Wolf Richter for WOLF STREET. The US dollar lost further ground as global reserve currency among many […]
Electrical Generation / Utilities
What’s the UK Energy Price Cap and Why Is It Rising?
The cost of energy is rising for UK households, with regulator Ofgem increasing the limit on how much it allows suppliers to charge. High energy prices were a big talking point during the 2024 UK […]
Crude Oil News
Norway Doubles Down on Oil and Gas
Norway’s oil and gas investment is expected to reach a record high in 2025, driven by new exploration activity and increased demand for Norwegian gas. While Norway is a leader in renewable energy, it continues […]
Energy Crisis
Hammerfest Shutdown Freezes Europe’s LNG Lifeline
Another year, another hiccup at Hammerfest LNG. Equinor’s crown jewel in Arctic Norway is down again, this time thanks to a compressor failure, according to a regulatory statement from Gassco. Output has screeched to a […]
Crude Oil News
Syria’s Oilfield Nightmare
ENB Pub Note: This article was written by Anas Alhajji, and I highly recommend following him on his X account here: @anasalhajji. He is a valued world energy leader with good information and a consistent […]