Alberta, Canada’s oil and gas powerhouse, has delivered a stunning fiscal surprise, posting an $8.3 billion (CAD) budget surplus for the 2024-25 fiscal year, far exceeding the modest $355 million projection in its February budget. […]
“Spark30S (Atlantic) freight rates remained relatively steady this week, dropping by $1,000 to $48,750 per day this week,” Spark’s data lead Qasim Afghan told LNG Prime on Friday. In comparison, Spark25S (Pacific) rates continue to rise, increasing […]
Germany’s new government under Chancellor Friedrich Merz is taking a hardline stance against any potential reactivation of the Nord Stream gas pipelines, signaling a commitment to geopolitical priorities over economic pragmatism. According to reports from […]
The U.S. oil and gas rig count continues its decline, with Baker Hughes reporting a drop of 7 rigs to 547 for the week ending June 27, 2025, the lowest since October 2021. Oil rigs […]
On June 27, 2025, President Donald J. Trump took to Truth Social to announce a new chapter in the ongoing saga of U.S.-Canada trade relations, signaling a hardline stance on tariffs. “Canada’s been ripping us […]
In a recent opinion piece for The Daily Caller, energy expert David Blackmon highlighted a curious phenomenon: despite Israel’s military actions against Iran starting June 12, 2025, the anticipated oil price spike failed to materialize. […]
Brazil’s energy landscape is undergoing a significant transformation with the recent commissioning of GNA II, the country’s largest gas-fired thermal plant. This milestone is set to boost Brazil’s natural gas consumption, marking a pivotal moment […]
In a surprising pivot, the UK government has withdrawn its support for the ambitious $34.4 billion Morocco-UK Power Project, a groundbreaking renewable energy initiative that aimed to deliver solar and wind power from Morocco’s Sahara […]
In a groundbreaking move for Iraq’s energy landscape, Texas-based Excelerate Energy Inc. is in advanced talks to supply the country’s first-ever liquefied natural gas (LNG) import terminal, a floating storage and regasification unit (FSRU) at […]
The Chabahar-Zahedan railway line, a transformative infrastructure project in Iran, is nearing completion, signaling a seismic shift in regional trade dynamics. Spanning approximately 628-750 kilometers, this railway connects Iran’s strategic Chabahar Port on the Gulf […]
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