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HomeAuthorsClark Savage

Articles by Clark Savage

Atlantic LNG shipping rates
Exports

Atlantic LNG shipping rates remain below $20,000 per day

November 29, 2024 Clark Savage

Last week, Atlantic LNG shipping rates slid to a record low, reaching just $15,500 per day. “Spark30S Atlantic rate has increased by $2,000 per day to $17,500 per day compared to last week’s price, although […]

Labour
Climate Crisis

Labour Has Let Slip The True Cost Of Net Zero—It’s Staggering

November 29, 2024 Clark Savage

Labour is admitting net-zero will force drastic life changes as UK’s green push hikes costs, guts industry, and exposes delusions of cheap, secure renewables. ​ Les jeux sont faits, Ed Miliband. The chips are down, […]

LNG production
Exports

Russian LNG production rises

November 28, 2024 Clark Savage

Rosstat’s data show that the country’s LNG terminals produced about 28.4 million mt during January-October. This is up by 6.8 percent compared to 26.6 million mt during the same period last year. Last month, LNG […]

Coal

Coal’s Share of Electricity Generation in China Dips Despite High Demand

November 28, 2024 Clark Savage

China’s share of coal power generation dipped below 60% for the first 10 months of 2024, but total coal power usage reached an all-time high. This decrease is likely due to increased hydropower and gas […]

BRICS

Empowering Africa: Navigating Energy Independence and Economic Growth

November 28, 2024 Clark Savage

In the Energy News Beat – Conversation in Energy with Stuart Turley, talks with NJ Ayuk, Executive Director of the African Energy Chamber, and Dr. Robert Brooks, Founder of RBAC, about Africa’s journey towards energy […]

Corpus Christi
Exports

Cheniere’s Corpus Christi LNG expansion project to receive first gas

November 28, 2024 Clark Savage

The US FERC said on Wednesday that it had granted Corpus Christi Liquefaction’s request to introduce hydrocarbons to Train 1 fuel gas and hot oil systems for the Stage 3 project. LNG Prime invited Cheniere […]

Saibu Gas
International News

Japan’s Saibu Gas decides to build third Hibiki LNG tank

November 28, 2024 Clark Savage

The firm said in a statement on Thursday that the total construction costs will reach about 50 billion yen ($329.3 million). Besides a 230,000-cbm LNG tank, the expansion includes other facilities such as LNGvaporizer, BOG […]

Taiwan
International News

Taiwan boosts LNG imports in January-October

November 28, 2024 Clark Savage

Data from the Directorate General of Customs shows that the country received 17.92 million tonnes of LNG during the ten-month period. This is up by 7.9 percent year-on-year compared to 16.61 million mt in January-October […]

ConocoPhillips
Big Oil Companies

ConocoPhillips Acquires Marathon Oil to Bring Over $1B in Synergies

November 28, 2024 Clark Savage

ConocoPhillips COP recently completed the acquisition of Marathon Oil Corporation, which was initially announced in May, 2024. The acquisition will enhance its deep, durable and diverse portfolio aligned with its strict financial framework. It will bolster […]

Helix
Grid

Helix secures work on UK’s biggest subsea connection project

November 28, 2024 Clark Savage

Helix Helix Energy Solutions’ marine contracting business unit, Helix Robotics Solutions has secured a contract from SSEN Transmission to provide unexploded ordnance (UXO) survey services for the Eastern Green Link 2 offshore subsea cable project. […]

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