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HomeInternational News

International News

Crude Oil News

Why Model-Based Oil Forecasts Keep Missing the Mark

August 26, 2025 Clark Savage

ENB Pub Note: This article from Irina Slav on Oilprice.com is spot on. She has an absolutely unique view on energy, and is spot on. We will be covering this on the podcast later. Many […]

Nigeria
Finance

Nigeria LNG seals long-term gas supply deals

August 26, 2025 Mariel Alumit

Nigerian state-owned NNPC has a 49 percent stake in NLNG, UK-based Shell holds 25.6 percent, France’s TotalEnergies has 15 percent, and Italy’s Eni owns 10.4 percent. The Bonny Island liquefaction plant currently has six trains […]

LNG carrier
Exports

MISC: LNG carrier charter rates to remain soft

August 26, 2025 Mariel Alumit

Despite the market headwind, MISC’s gas assets and solutions sub-segment “remained committed to improve operational efficiency and cost containment for existing steam vessels and strengthening its fleet rejuvenation strategy through the deployment of new, modern, […]

Climate Crisis

Nuclear and Financing – With Paul Tice

August 25, 2025 Mariel Alumit

Nuclear and Financing – With Paul Tice The world is in an energy-hungry stage, and we need nuclear, but how will nuclear be financed? The Energy Realities team, led by Author Paul Tice, has a […]

Russian LNG
Crude Oil News

Oil Prices Moving Up as Ukraine Breaks Ranks to Attack Russian Oil

August 25, 2025 Clark Savage

In an escalation of its defense strategy, Ukraine has intensified drone strikes on Russia’s energy infrastructure, targeting oil refineries, pipelines, and storage facilities that fund Moscow’s war machine. These attacks, which have disrupted Russian oil […]

Petronet
Crude Oil News

President Trump’s Tariffs and Sanctions on India Will Do More Damage to the U.S. Dollar in a Boomerang

August 24, 2025 Clark Savage

In a bold move echoing his first-term trade policies, President Donald Trump has imposed tariffs and sanctions on India, targeting its massive imports of Russian crude oil. These measures, including a 25% tariff on certain […]

FPSO
Crude Oil News

Chinese Firm Concord Resources Developing Oil Fields in Venezuela

August 23, 2025 Clark Savage

In a significant move amid ongoing geopolitical tensions and U.S. sanctions, private Chinese company China Concord Resources Corp (CCRC), operating under the name Concord Resources, has committed to a $1 billion investment in Venezuela’s oil […]

Finance

OOCL admits upcoming US port fees will have ‘relatively large impact’

August 23, 2025 Stu Turley

Cosco Orient Overseas (International) Ltd (OOIL), the listed entity of Hong Kong container line OOCL, has conceded that October’s likely introduction of extra port fees for Chinese-linked tonnage could be painful. OOCL, owned by China’s […]

Gastrade
Imports

Gastrade in talks to receive new LNG cargoes at Alexandroupolis FSRU

August 23, 2025 Mariel Alumit

Gastrade recently resumed Alexandroupolis FSRU operations following a technical issue in January this year, but the facility is yet to receive its next LNG shipment. The FSRU is currently working at a limited regasification capacity […]

LNG
Exports

Spot LNG shipping rates slightly up this week

August 23, 2025 Mariel Alumit

“Global LNG freight rates increased marginally this week, with Spark30S (Atlantic) pricing in at $36,500 per day and Spark25S (Pacific) at $35,000 per day,” Spark’s commercial analyst, Max Glen-Doepel, told LNG Prime on Friday. Last week, […]

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