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Finance

Plaquemines LNG
Finance

Venture Global’s Plaquemines LNG wraps up $4 billion notes offering

July 6, 2025 Mariel Alumit

According to Venture Global, the offering included a series of 6.50 percent senior secured notes due 2034 in an aggregate principal amount of $ billion and a series of 6.75 percent senior secured notes due […]

Trump’s signature legislative package
Coal

The OBBBA Resets the Energy Policy Playing Field: A New Era for Oil, Gas, and Nuclear

July 6, 2025 Clark Savage

On July 3, 2025, President Donald Trump signed the One Big Beautiful Bill Act (OBBBA) into law, marking a pivotal shift in U.S. energy policy. This landmark legislation, passed with thin Republican majorities in Congress, […]

OPEC + is increasing output - Energy New Beat
Crude Oil News

OPEC+ Pumps Up Output, but Can They Make the New Quotas?

July 5, 2025 Clark Savage

In a bold move that caught markets off guard, OPEC+ announced a hefty production increase of 548,000 barrels per day (bpd) for August 2025 during a virtual meeting on July 5, surpassing expectations of a […]

Big Oil Companies

Big Beautiful Bill & California’s National Security: Key Headlines – ENB Weekly Recap

July 5, 2025 Andy Del Prado

Weekly Daily Standup Top Stories Big Beautiful Bill May Still Yet End the Green New Deal June 29, 2025 Clark Savage Senate Republicans have taken a significant step toward passing President Donald Trump’s sweeping legislative package, […]

LNG
Finance

Spot LNG shipping rates dropped this week

July 5, 2025 Mariel Alumit

“Spark30S (Atlantic) freight rates fell sharply this week, dropping by $6,750 to $42,000 per day this week and the largest week-on-week decline since January,” Spark’s data lead Qasim Afghan told LNG Prime on Friday. Similarly, Spark25S (Pacific) […]

Trump’s signature legislative package
Finance

Trump’s signature legislative package contains significant shipbuilding provisions

July 4, 2025 Mariel Alumit

Donald Trump’s so-called big beautiful bill, a signature legislative package, which has just passed both the US House of Representatives and Senate, contains significant provisions aimed at revitalising American shipbuilding and the broader maritime industrial […]

Saudi Arabia - Energy News Beat
Electrical Generation / Utilities

Saudi Aramco Eyes $4 Billion from Natural Gas Power Plant Sales: Strategic Realignment or Dividend Pressure?

July 4, 2025 Clark Savage

Saudi Aramco, the world’s largest oil company, is reportedly considering the sale of up to five gas-fired power plants, a move that could raise approximately $4 billion, according to sources cited by Reuters and OilPrice.com. […]

Mark Lancaster - Turning Stranded Gas into Green
AI

Turning Stranded Gas Into Bitcoin & Data Center Power

July 4, 2025 Clark Savage

In this episode of Energy Newsbeat – Conversations in Energy, Stuart Turley talks with Mark Lancaster about solving the stranded gas challenge by turning wasted natural gas into energy for Bitcoin mining and data centers. […]

Venture Global
Exports

Venture Global, Petronas seal 20-year LNG SPA

July 4, 2025 Mariel Alumit

Under the terms of the SPA, Petronas will purchase 1 million tonnes per annum (mtpa) of LNG from Venture Global’s third facility, CP2 LNG, for 20 years, according to a Venture Global statement. Venture Global […]

Price
Finance

Fed Balance Sheet QT: -$13 Billion in June, -$2.31 Trillion from Peak, to $6.66 Trillion. New Milestone: 3 Years of QT

July 3, 2025 Stu Turley

The new and improved Standing Repo Facility (SRF) sprang into action for one day at quarter-end on June 30. By Wolf Richter for WOLF STREET. Total assets on the Fed’s balance sheet declined by $13 billion in June, […]

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