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HomeFinance

Finance

Adnoc Gas
Exports

Adnoc Gas dishes out $5 billion in contracts for expansion project

June 11, 2025 Mariel Alumit

Adnoc’s gas and LNG unit, Adnoc Gas, has taken the final investment decision on its Rich Gas Development (RGD) project. It also awarded $5 billion in contracts for the first phase of the project in […]

ENB Pub Note

Cheniere aims to start construction on Sabine Pass LNG expansion in late 2026

June 11, 2025 Mariel Alumit

ENB Pub Note: I included Cheniere Energy’s last earnings summary for 2024, and LNG export on top of the update from LNGPrime.com on the expansion project in Texas. Summary of Cheniere Energy’s Last Earnings Report […]

LNG imports
Finance

Spanish LNG imports up in May

June 11, 2025 Mariel Alumit

LNG imports rose by 25.9 percent year-on-year to 20.5 TWh in May and accounted for 69.9 percent of the total gas imports, according to the preliminary monthly report by LNG terminal operator Enagas. Imports dropped […]

Florida
Finance

Inventory of Homes for Sale in the Biggest Florida Metros Piles Up to Highest in Years as Demand Has Withered

June 10, 2025 Mariel Alumit

Active Listings versus 2019: Tampa +40%, Orlando +42%, Jacksonville +25%, Cape Coral-Fort Myers +36%, North Port-Sarasota +36%, Lakeland +80%. Miami a little behind: +5%. By Wolf Richter for WOLF STREET. Active listings of existing homes for sale in […]

Saudi Aramco
Crude Oil News

Nigeria’s $5 Billion Oil-Backed Loan Stalls as Oil Prices Plummet: A Deep Dive into the Delay

June 10, 2025 Clark Savage

In a significant setback for Nigeria’s fiscal ambitions, negotiations for a record-breaking $5 billion oil-backed loan from Saudi Aramco have hit a wall, with falling crude oil prices casting a shadow over the deal. This […]

Tesla
Finance

Despite Tesla’s Sales Drop, Total EV Penetration in the US Rises to Record 9.8%: BY Model & USA-Made Content

June 10, 2025 Mariel Alumit

Tariffs don’t apply to USA-made content. Some EVs are mostly made in the USA, others are mostly made in foreign countries. By Wolf Richter for WOLF STREET. The share of new EVs sold in the US in Q1 […]

Crude Oil News

EU’s New Sanctions: Targeting Nord Stream and Russian Oil—Will They Work?

June 10, 2025 Clark Savage

The European Union is rolling out its 18th sanctions package against Russia, and this time, it’s aiming straight for the heart of Moscow’s energy sector. With a proposed ban on the Nord Stream pipelines and […]

LNG bunkering
Finance

CLP, CNOOC wrap up largest LNG bunkering op in Hong Kong

June 10, 2025 Mariel Alumit

During the operation, CLPe, a wholly-owned unit of CLP Holdings, and CNOOC Guangdong Water Transport Clean Energy delivered LNG to the container vessel Hanoi Express, owned by Germany’s Hapag-Lloyd, during cargo handling at Kwai Tsing […]

Bankruptcy

Wind Turbines Threaten Town? Mayor Says ENOUGH!

June 10, 2025 Andy Del Prado

Daily Standup Top Stories Solar Bankruptcies Show US Clean Energy Industry Is on the Edge of a Financial Cliff June 9, 2025 Clark Savage The U.S. clean energy sector, once hailed as the future of sustainable […]

SunPower
Bankruptcy

Collapse of the Once High-Flying Solar Stocks: Another Bankruptcy among our 8 Imploded Solar Stocks

June 9, 2025 Stu Turley

The stock market’s solar craziness gets cleaned out stock by stock, even as solar-power generation continues to soar. By Wolf Richter for WOLF STREET. Sunnova Energy International, which booked huge losses every single year selling residential solar energy […]

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