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 […]
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, […]
Daily Standup Top Stories What Does Powell’s Comments in Jackson Hole Mean to the Oil and Gas Markets and Investors? August 23, 2025 Clark Savage Federal Reserve Chair Jerome Powell’s annual address at the Jackson Hole […]
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 […]
“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, […]
“Texas LNG is granted a five-year extension of time, to November 22, 2029, to construct and make available for service the Texas LNG project,” FERC said in its order dated August 21. The Commission affirmed […]
Under the new SPA, ConocoPhillips will buy 4 million tonnes per annum of LNG on a free-on-board basis for 20 years, according to separate statements by the partners. This deal adds to an SPA that […]
The global push toward net zero emissions has been a cornerstone of climate policy and investment strategy for years, but recent developments suggest a significant shift. Major banks, once vocal supporters of environmental, social, and […]
The ongoing conflict in Ukraine has reshaped global energy dynamics, with Western sanctions on Russia diverting oil and gas flows, creating discounts, and forcing new trade patterns. But what if the war ended abruptly—say, tomorrow—and […]
The country’s LNG imports decreased to 5.26 million tonnes last month compared to 5.62 million tonnes in July 2024. However, LNG imports rose compared to 4.44 million tonnes in the prior month, which were the lowest this year. The ministry’s […]
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