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EIA News

China’s natural gas consumption and LNG imports declined in 2022, amid zero-COVID policies

June 1, 2023 Allen Santos

 June 1, 2023 Data source: S&P Global Commodity Insights, China National Bureau of Statistics, China Energy Statistical YearbooksNote: Industrial consumption includes natural gas feedstock. Other includes district heating and transport. In 2022, annual […]

Indonesia
Energy Crisis

Indonesia Considers Limits on LNG Exports in New Trade Curbs

June 1, 2023 Mariel Alumit

(Bloomberg) — Indonesia will consider new limits on exports of liquefied natural gas, a potential extension of trade curbs that’ve previously disrupted nickel to coal and palm oil markets. The nation wants to ensure adequate […]

Valero
Crude Oil News

Valero takes Venezuelan crude in February

April 29, 2023 Mariel Alumit

Valero takes Venezuelan crude in February Houston, 28 April (Argus) — US independent refiner Valero received crude from Venezuela in February, adding to the list of US refineries that are absorbing volumes from the South […]

Imports

Dorian LPG welcomes its 1st dual-fuel LPG carrier

March 31, 2023 Mariel Alumit

Japanese shipbuilder Kawasaki Heavy Industries (KHI) has delivered the 84,000 cbm dual-fuel liquefied petroleum gas (LPG) carrier, Captain Markos, to US-headquartered LPG shipping company Dorian LPG. Courtesy of Dorian LPG The vessel, delivered on 31 March, is […]

Imports

Fratelli Cosulich inaugurates its first LNG bunkering vessel

March 24, 2023 Mariel Alumit

Italian maritime transportation group Fratelli Cosulich has launched and christened its first LNG bunker tanker vessel named Alice Cosulich. Courtesy of CIMC SOE shipyard The vessel, inaugurated at the CIMC SOE shipyard in China, will […]

Imports

Germany’s third floating LNG terminal gears up for regular operation

March 24, 2023 Mariel Alumit

Home Clean fuel Germany’s third floating LNG terminal gears up for regular operation Hoegh Gannet, a floating storage and regasification unit (FSRU) serving the Elbehafen LNG terminal in Brunsbüttel, Germany, has started supplying gas into […]

Imports

DUH demands immediate halt to construction as work begins on Baltic Sea LNG terminal

March 20, 2023 Mariel Alumit

Home Clean fuel DUH demands immediate halt to construction as work begins on Baltic Sea LNG terminal Deutsche Umwelthilfe e.V. (DUH), a non-profit environmental and consumer protection association, has filed an objection demanding an immediate […]

EnergyNews

EU energy chief tells companies not to sign new Russian LNG deals

March 11, 2023 Allen Santos

​ European Commissioner for Energy Kadri Simson attends a European Union energy ministers meeting on high energy prices, in Brussels, Belgium November 24, 2022. REUTERS/Johanna Geron BRUSSELS, March 9 (Reuters) – European Union countries and […]

LNG
Imports

Shell: Europe’s LNG demand to intensify competition and dominate trade in the long term

February 16, 2023 Mariel Alumit

Home Clean fuel Shell: Europe’s LNG demand to intensify competition and dominate trade in the long term Europes’s increased need for liquefied natural gas (LNG) will likely intensify competition with Asia for limited new supply […]

India
Crude Oil News

India Predicts 500% Increase In Domestic Natural Gas Demand

February 7, 2023 Allen Santos

Indian Prime Minister Narendra Modi on Monday projected that the country’s gas demand would rise 500% due to the rapid pace of development, while its share of global oil demand would more than double. While […]

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Electric Vehicles

Small Chipmaker With Big Vision On Track To Dominate Fast-Growing Electric Vehicle Industry

June 9, 2023

The electric vehicle revolution is here, even in the most unexpected places. And it is a huge opportunity for astute investors. Executives at Stellantis NV (STLA) announced last week announced that production of its Dodge Charger and […]

EnLink
Crude Oil News

EnLink Midstream LLC: A Top Player in Natural Gas and Crude Oil Transmission and Processing Services

June 9, 2023

EnLink Midstream LLC is among the top players in the transmission, processing, and marketing of natural gas and crude oil. The company operates across five segments: Permian, Louisiana, Oklahoma, North Texas, and Corporate. EnLink Midstream […]

Oil
Big Oil Companies

Banks Continue to Put Billions Into Oil and Gas — Is It a Smart Investment?

June 8, 2023

The oil company CEO was practically giddy, she was so excited about its record earnings. On a call with shareholders and analysts on March 31, Occidental Petroleum’s Vicki Hollub bragged that the century-old oil giant was […]

Debt
Energy Policy

Debt Ceiling Permitting Provisions Offer Good First Step to Meaningful Reform

June 7, 2023

President Biden has signed the Fiscal Responsibility Act (FRA) into law which suspends the debt ceiling into 2024 and avoids a U.S. default. The bill contains several historic reforms to the National Environmental Policy Act […]

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