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AI

Oil Demand Rising 1.6 Million Bpd

August 7, 2024 Andy Del Prado

Daily Standup Top Stories Saudi Aramco Sees Oil Demand Rising by 1.6 Million Bpd in Second Half of 2024 August 6, 2024 Mariel Alumit Saudi Aramco’s CEO has forecast a strong increase in global oil demand […]

LNG
Exports

More US LNG set to flow into European energy mix in 2030s if Cheniere rubber-stamps Sabine Pass expansion

August 6, 2024 Mariel Alumit

Cheniere Marketing, a subsidiary of U.S.-based Cheniere Energy has inked a long-term sale and purchase agreement (SPA) to provide liquefied natural gas (LNG) to Galp Trading, an affiliate of Portuguese oil and gas company Galp […]

Bankruptcy

Middle East vs Oil Prices

August 6, 2024 Andy Del Prado

Daily Standup Top Stories How Conflict in the Middle East Could Send Oil Prices Soaring August 5, 2024 Mariel Alumit Rising tensions between Israel and Iran are threatening to disrupt oil supply chains and could send […]

gas exports
Exports

Norwegian piped gas exports to NW Europe stay strong in July

August 5, 2024 Mariel Alumit

Norway’s pipeline gas exports to landed markets in Northwest Europe remained robust in July, with only limited maintenance work taking place during the month, an analysis of S&P Global Commodity Insights data showed Aug. 5. […]

EIB
Press

EIB and Deutsche Bank join forces to lift EU wind production

August 4, 2024 Stu Turley

  The European Investment Bank (EIB)’s €5 billion wind package kickstarted with the first €500 million counter-guarantee deal with Deutsche Bank, as part of a financial effort set to strengthen the European wind industry. The […]

LNG
International News

Pacific LNG shipping rates up, European prices jump

August 2, 2024 Mariel Alumit

Last week, Pacific rates experienced a $5,500 increase and Atlantic rates decreased. “Spark30s Atlantic rates continued to decrease for the fourth consecutive week, falling by $1,250 to $73,750 per day,” Qasim Afghan, Spark’s commercial analyst told LNG Prime […]

Hungary
Press

Hungary visa move stokes EU fears of Russian espionage

July 31, 2024 Stu Turley

  The European People’s Party (EPP) has raised security concerns over a decision by Hungary to ease visa restrictions for Russian and Belarusian citizens, fearing it could fuel espionage in the EU, according to a […]

Tech
Energy Crisis

Europe Is in Danger of Regulating Its Tech Market Out of Existence

July 27, 2024 Mariel Alumit

Poorly designed laws are forcing global firms to leave. In June, Apple announced a new product called Apple Intelligence. It’s being sold as a new suite of features for the iPhone, iPad, and Mac that […]

Flights
Climate Crisis

Green Extremists Disrupt European Flights For Second Day At Major Airports

July 26, 2024 Mariel Alumit

Flights at Frankfurt Airport, Germany’s busiest, were suspended temporarily Thursday as climate activists glued themselves to the ground inside the airport premises, authorities said. More than 100 flights were canceled. [emphasis, links added] Federal police […]

Russian gas
Energy Crisis

Dutch MPs sound alarm over surging imports of Russian gas 

July 26, 2024 Mariel Alumit

The latest data shows that gas shipments to the EU rose by nearly a quarter in the first half of the year Dutch Parliament members have addressed the minister of foreign affairs to express concern […]

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