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Finance

Eni, Exmar in arbitration over Tango FLNG performance bonus

September 7, 2025 Mariel Alumit

Exmar confirmed in its half-year report that the two firms failed to agree on the performance bonus, and Eni has “referred this matter to the London Court of International Arbitration.” Back in 2022, Exmar sold the FLNG […]

Kogas
Financial Crisis

Kogas, Kospo seal 10-year gas supply deal

September 7, 2025 Mariel Alumit

Kospo said it will receive a total of 4.4 million tons of natural gas from Kogas for 10 years from 2027. Unlike the existing “average rate system” where Kogas supplies gas uniformly to all power […]

NewFortress Energy-Energy News Beat
Earnings

New Fortress Energy Announces Second Quarter 2025 Results

September 7, 2025 Clark Savage

NEW YORK–(BUSINESS WIRE)–New Fortress Energy Inc. (Nasdaq: NFE) (“NFE” or the “Company”) today reported its financial results for the second quarter of 2025. Adjusted EBITDA(1) of $(4) million in the second quarter of 2025 Net loss […]

Bitcoin

Why Net Zero Is Crushing the United Kingdom – ENB Weekly Recap

September 6, 2025 Andy Del Prado

Weekly Daily Standup Top Stories High Energy Costs Push UK Industry to the Brink September 1, 2025 Clark Savage This week saw yet another hike in Britain’s electricity price cap—the latest in a string of hikes […]

International News

Dutch Eemshaven LNG terminal hits new record

September 6, 2025 Mariel Alumit

Image: EemsEnergyTerminal The FSRU-based LNG import facility in the Dutch port of Eemshaven, owned by Gasunie and Vopak, has reached a new record. During the summer months of June, July, and August this year, EemsEnergyTerminal […]

Exports

Spot LNG shipping rates continue to drop

September 6, 2025 Mariel Alumit

Spark’s data lead, Qasim Afghan, told LNG Prime on Friday that Spark30S (Atlantic) LNG freight rates fell $5,750 to $28,500 per day, marking the lowest Atlantic rates since April. “Spark25S (Pacific) have fallen less sharply […]

NextDecade
Finance

NextDecade, EQT seal 20-year Rio Grande LNG SPA

September 5, 2025 Mariel Alumit

Under the sales and purchase agreement, EQT will purchase 1.5 million tonnes per annum (mtpa) of LNG for 20 years on a free on board basis at a price indexed to Henry Hub, according to […]

Woodfibre LNG
Exports

Woodfibre LNG says project cost climbs to $8.8 billion

September 4, 2025 Mariel Alumit

Woodfibre LNG said in a statement that this increase reflects the “evolving realities of delivering a complex, first-of-its-kind energy project in Canada—using hydroelectricity for liquefaction, net zero from day one and uniquely regulated by an […]

Bitcoin

Will China Take Down the Petrodollar?

September 4, 2025 Andy Del Prado

Daily Standup Top Stories China may be About to Unveil a New Global Currency: Dollar Dominance Challenged, Global Trade Reshaped September 3, 2025 Clark Savage In the ever-evolving landscape of global finance, whispers from Beijing suggest […]

Electrical Generation / Utilities

Germany Sees Bigger Role for Gas to Keep the Lights On

September 3, 2025 Clark Savage

In recent years, Germany has been at the forefront of the global energy transition, championing ambitious green policies and aggressively phasing out both coal and nuclear power. However, as the country grapples with energy shortages […]

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