Qatar ordered four new liquefied natural gas tankers worth more than 2.8 billion rials ($762 million) from a Chinese shipbuilder, as demand for the fuel booms. State energy firm Qatar Petroleum said Sunday the vessels will be […]
China is escalating its purchases of liquefied natural gas for the winter, exacerbating a global supply shortage and leaving less fuel for energy-parched Europe. China is struggling to secure enough coal to power factories and […]
China banned on all crypto transactions and vowed to root out mining of digital assets, delivering the toughest blow yet to the industry. Crypto-related transactions will be considered illicit financial activity, including services provided by […]
This was the by-line in the Bloomberg article “Europe Faces Bleak Winter Energy Crisis Years in the Making” posted September 18, 2021. How did Europe get to the power crisis that “Just” appeared? Well, is it […]
Iran’s power market is bucking global trends and in the process revealing a key economic buffer that helps the country withstand international sanctions. While European electricity prices spiked over the last month, shutting down energy-intensive industries and […]
The energy crunch in Europe is sparking panic among Asian fuel buyers, causing importers from Japan to India to pay a hefty price for supplies. Worried the eye-watering price of natural gas in Europe will […]
It has been a shift in commodity matrices like never before, where supply and demand are still critical, but not the only factors. Geopolitical, natural gas hunger, low supplies in Europe and Asia, and no […]
In our LNG in Europe Report 2020 (published in October 2020), we commented on the significant impact that the COVID-19 pandemic had on the LNG sector in Europe (and worldwide). In the early months of […]
Europe’s vast network of liquefied natural gas terminals can’t save it from a winter supply crunch. LNG supplies entering European grids in July fell to the lowest for that month in three years and the […]
Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) In our August 2021 Short-Term Energy Outlook (STEO), we forecast that U.S. natural gas exports will exceed natural gas imports by an average of 11.0 billion cubic feet per day (Bcf/d) […]
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