EIA said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 34 LNG vessels is 129 Bcf. This compares to 26 LNG vessels and 108 Bcf in the week […]
Spark’s data lead, Qasim Afghan, told LNG Prime on Friday that Spark30S (Atlantic) LNG freight rates “remained relatively steady this week $29,000 per day, whilst Spark25S (Pacific) fell a further $1,000 to $31,500 per day.” […]
The U.S. Energy Information Administration (EIA) revealed its latest Brent spot price forecast for 2025 and 2026 in its September short term energy outlook (STEO), which was released on September 9. According to its latest […]
EU countries should move faster to abandon Russian energy sources, as this would help speed up the end of the war in Ukraine, according to US Energy Secretary Chris Wright. “The European Union could phase out […]
Russia’s budget revenues from oil and natural gas sales have dropped by more than 20% in 2025, according to data released by the finance ministry in Moscow. The department blamed the significant decrease on lower […]
The International Energy Agency, which has repeatedly predicted that global oil demand growth will peak before 2030, has drafted a report admitting that both oil and gas demand are set to continue growing for decades. […]
Woodside Energy and its North West Shelf Joint Venture partners have received final environmental approval from the Australian Government for the North West Shelf Project Extension, one of Australia’s most significant LNG operations. The approval follows […]
The United States Department of Energy (DOE) has announced $134 million for two programs aimed at positioning the U.S. as a leader in emerging fusion technologies and innovation. “Under President Trump’s leadership, DOE is unleashing […]
The number of employees in the oil and gas extraction industry has dropped by thousands since the start of the year, data on the U.S. Bureau of Labor Statistics (BLS) website shows. According to the […]
The Public Utility Commission of Texas approved Entergy Texas’ proposal to build two highly efficient natural gas power plants that will provide enough reliable electricity capable of powering more than 300,000 homes and support the region’s rapid growth. […]
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