An array of critics came out swinging in January when Duke Energy first filed its plans in North Carolina for one of the largest fossil fuel investments in the country. But as the months […]
Norwegian energy giant Equinor has decided to close its Hanoi office and pull out of Vietnam’s offshore wind market. This move comes amid political turmoil within the country, a power struggle within the Communist Party […]
The US has imposed sanctions on seven LNG carriers linked to shipments of Russian super-chilled fuel. The move is part of the US Department of the Treasury’s Office of Foreign Assets Control’s (OFAC) latest package […]
Naval operations working for the European Union have given an update this morning (pictured above) from the Red Sea on the state of the blaze onboard the laden Sounion, a suezmax attacked multiple times last […]
Russia has announced that it possesses more than a century’s worth of coal reserves, signaling its enduring role as a key player in the global energy landscape despite facing Western sanctions. According to Alexander Kozlov, […]
An evaluation of more than 1,500 climate policies in 41 countries found that only 63 actually worked to reduce greenhouse gas emissions. Subsidies and regulations—policy types often favored by governments—rarely worked to reduce emissions, the […]
The agency said in its weekly report, citing shipping data provided by Bloomberg Finance, the total capacity of these 26 LNG vessels is 99 Bcf. This compares to 20 shipments and 74 Bcf in the week ending […]
Rising oil production in the US, Guyana, and Brazil is challenging OPEC’s ability to reverse its output cuts. The EIA forecasts that global oil supply will fall short of demand in the second half of […]
Tellurian issued a limited notice to proceed (LNTP) to compatriot engineering and construction giant Bechtel in March 2022. Under the first phase, Tellurian plans to build two LNG plants near Lake Charles with an export capacity of […]
Last week, both Atlantic and Pacific rates experienced a decline. “Spark30s Atlantic rates experienced a second week-on-week decrease, falling by $8,250 to $61,500 per day,” Qasim Afghan, Spark’s commercial analyst told LNG Prime on Friday. He said this […]
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