Exports
China was top destination for US LNG shipments in July
The DOE report shows that US terminals shipped 33.4 Bcf of LNG to China in July, 28.3 Bcf to India, 26.8 Bcf to Japan, 24.3 Bcf to Egypt, and 24.1 Bcf to South Korea. These […]
Exports
Climate Crisis
Biden-Harris Infrastructure Bill is a complete failure
Daily Standup Top Stories Trouble Deepens for North Sea Oil and Gas September 24, 2024 Mariel Alumit North Sea oil and gas operators are not just facing the prospect of higher windfall taxes, they are now […]
Exports
U.S. LNG Permit Freeze Sparks Export Boom in Canada and Mexico
The Biden administration’s pause on new LNG export permits has created a market opportunity for Canada, Mexico, and Argentina to increase their LNG exports to Asia. These countries are investing billions of dollars in LNG […]
Climate Crisis
Week Recap: Kamala’s Policy Impact, Offshore Wind Risks, and LNG & Nuclear
Weekly Daily Standup Top Stories Why Kamala Harris Would Be A Total Disaster For American Energy September 15, 2024 Stu Turley The Biden-Harris administration’s whole-of-government war on energy perpetuates a very bleak vision of our nation’s […]
Exports
US weekly LNG exports climb to 27 shipments
The agency said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 27 LNG vessels is 102 Bcf. This compares to 23 shipments and 87 Bcf in the week […]
Exports
Atlantic LNG shipping rates rise for first time in six weeks
Last week, Atlantic rates continued to decrease. “Spark30S Atlantic rates experienced a weekly increase for the first time in six weeks, rising by $2,000 to $59,750 per day,” Qasim Afghan, Spark’s commercial analyst told LNG Prime on […]
Crude Oil News
Saudi Arabia’s Crude Oil Exports Slumped to an 11-Month Low in July
Saudi Arabia’s crude oil exports fell in July due to increased domestic consumption for power generation. Despite a rise in production, Saudi Arabia maintained its pledge to keep output around 9 million bpd. Saudi Arabia […]
Energy Policy
Chevron CEO: Biden’s LNG Moratorium Fails on All Fronts
Chevron CEO Mike Wirth argues that the Biden administration’s green policies, particularly the moratorium on new LNG export permits, are undermining US energy security and raising energy costs. Wirth warns that these policies are hindering […]
Big Oil Companies
Navy’s 50-Year Nuclear Safety
Daily Standup Top Stories It’s time to follow the Navy’s 50-year safety record of nuclear power generation September 17, 2024 Mariel Alumit Delivery of affordable, abundant, reliable, clean, and emissions-free electricity to customers is very important […]
Big Oil Companies
Chevron CEO Attacks Biden LNG Export Pause on Costs, Carbon
Energy Department enacted gas terminal moratorium in January Shale boom transformed US into world’s biggest LNG exporter The oil and gas industry is zeroing in on the Biden administration’s moratorium on new liquefied natural gas […]