Supply and Demand Shocks Still Rocking Energy Markets
A year and a half after a renowned Harvard professor described the pandemic of 2020 as “the mother of all shocks” to energy markets, oil and gas prices are still being rocked by supply and […]
A year and a half after a renowned Harvard professor described the pandemic of 2020 as “the mother of all shocks” to energy markets, oil and gas prices are still being rocked by supply and […]
Yemen’s AnsarAlla threatens to cut fibre optic cable in the Red Sea and the region, Azernews reports, citing foreign media. This will happen if the US and UK strike Yemen’s airports again. Internet cables serve as communication […]
Finnish state-owned energy firm and LNG supplier, Gasum, has decided to build a new liquefied biogas (bio-LNG) plant in Borlange, Sweden. Gasum said the the investment decision is the next step in its plan to […]
Shell’s LNG Canada terminal is more than 90 percent complete and the project is preparing to launch commissioning activities later this year, according to Shell’s CEO, Wael Sawan. This is the first large LNG export […]
Energy giants QatarEnergy and ExxonMobil are still expecting to start LNG production at their Golden Pass LNG export terminal on the US Gulf Coast near Sabine Pass, Texas, in the first half of 2025. State-owned […]
Tankers Even though more than 10 rusty ladies have been reported sold this year, prices are finally coming down for vintage VLCCs. Broking sources report that a raft of ships have been circulated, but buyers […]
GasShipyards Nakilat The pace of LNG newbuild deliveries will smash records this year, beating the previous annual gas ship delivery peak of 2021 by 48%. Data from Clarksons Research shows 89 LNG ships – with […]
Wolf Richter on “This Week in Money,” at HoweStreet.com, recorded on February 1: Enjoy reading WOLF STREET and want to support it? You can donate. I appreciate it immensely. Click on the beer and iced-tea mug to […]
The mining industry in Chile, the world’s top copper producer and second-largest lithium producer, will need more than 34,000 new workers by 2032, according to a study released this week. The report by the […]
Net purchases in 2023 almost matched the previous year’s record, the World Gold Council has said Total gold demand hit the highest level on record last year of 4,899 tons amid global uncertainty and […]
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