Singapore, 26 September (Argus) — Suezmax rates from the Mideast Gulf have reached a record high, following firm demand to east Asia and to India and higher very large crude carrier (VLCC) freight rates. Freight […]
German Chancellor Olaf Scholz secured just one shipment of liquefied natural gas from the United Arab Emirates, with a non-binding agreement for more, as Europe’s biggest economy struggles to replace Russian supplies. The cargo — […]
Like much of Europe, New England is transforming its electric grid, retiring coal, oil and nuclear plants, leaving it largely dependent on natural gas to keep the lights on and power its homes. And, like […]
Freeport LNG has declared a force majeure on LNG exports from its Gulf Coast location until September, Bloomberg sources said on Friday. The company had reported earlier in the week that its Gulf Coast facility […]
Power prices are expected to increase as the price of natural gas—the swing fuel for electric generation—increases to meet domestic and international demand. The Energy Information Administration (EIA) expects the natural gas price at the […]
Wars are fought on many fronts. So far, Russian president Vladimir Putin is winning the energy war. High energy prices, triggered by supply disruptions, have neutered Western sanctions. Russia’s current account balance stands at record highs. […]
ENB Pub Note: This is important as the Asean recognizes LNG as part of the future energy mix to support renewables. The Nineteenth Asean Ministers on Energy Meeting Plus Three (China, Japan, Korea) (19th AMEM+3) […]
The emir of Qatar on Wednesday made an urgent appeal to Russia and the West, saying his nation will not be able to re-supply Europe with enough liquefied natural gas to stave off an energy […]
MILAN, Sept 14 (Reuters) – Italy must increase its liquefied natural gas (LNG) import capacity from next year, energy group Eni’s (ENI.MI) chief executive said on Wednesday. Italy has already secured additional gas imports from Algeria and […]
U.S. natural gas futures jumped about 5% to a near two-week high on Wednesday on forecasts for higher demand over the next two weeks and worries a possible railroad strike could threaten coal supplies to […]
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