This post was originally published on this siteThe U.S. government’s first-ever sale of offshore wind development rights off the coast of California drew $757.1 million in high bids, mainly from European companies seeking a foothold in the U…
Update: European Firms Capture Most Leases in California Offshore Wind Auction Read More »
This post was originally published on this siteThe U.S. government has committed to exporting up to 353 Bcf of natural gas to the UK next year as part of a strategic partnership aimed at strengthening commodity markets in Europe. As a part of the initiative disclosed Wednesday, called the UK-US Energy Security and Affordability Partnership,
U.S. Agrees to Boost UK’s LNG Imports Via ‘Energy Security’ Partnership Read More »
This post was originally published on this siteA roundup of news and commentary from NGI’s LNG Insight A third LNG vessel, the Grace Fressia, has declared Freeport LNG as its destination with an estimated arrival sometime around Dec. 20, according to ship-tracking data from Kpler. The vessel, chartered by Freeport offtaker Osaka Gas Co. Ltd.,
This post was originally published on this siteTransit times for oil tankers to cross the Turkish Straits from the Black Sea to the Mediterranean have jumped to the highest in a year amid a spat over recent Turkish demands for proof of insurance cover ahead of the G7 price cap on Russian crude. Southbound tanker
Turkish Straits tanker delays jump to 12-month high after G7 price cap Read More »
This post was originally published on this siteIt doesn’t take much to get oil prices moving lower these days, thanks to shrinking liquidity that’s sapped the life out of the market.
Oil Continues to Fall on Declining Liquidity Read More »
This post was originally published on this siteADNOC is accelerating the operationalization of its board-mandated low-carbon growth strategy, by establishing a new Low Carbon Solutions and International Growth vertical.
ADNOC Expands With Low Carbon, International Growth Vertical Read More »
This post was originally published on this siteWith much of Europe continuing to scramble to secure adequate natural gas supplies in the wake of the Russian invasion of Ukraine and the resulting ramifications, LNG is seen as a leading solution to help solve the global energy crisis, which experts believe could continue for the next
This post was originally published on this siteDomestic oil production jumped back to the 2022 peak level as OPEC and its allies affirmed plans to slash production through the end of the year as fallout from Russia’s war in Ukraine and China’s pandemic woes continued to roil global markets. The U.S. Energy Information Administration (EIA)
With Russia, OPEC Output in Question, U.S. Crude Production Ramps Up Read More »
This post was originally published on this siteThe cap that had set gasoline costs at 480 forint ($1.2) per liter ceased at 11pm local time on Tuesday.
Hungary Scraps Fuel Price Cap After Gasoline Shortage Read More »
This post was originally published on this site Weather models apparently haven’t gotten the memo that it’s actually December. A mild outlook for the rest of the year shifted even warmer overnight, further pressuring natural gas futures prices on Tuesday. After briefly moving into positive territory, the January Nymex gas futures contract settled at $5.469/MMBtu,
Natural Gas Futures Slide Further as Winter Risk Continues to Evaporate on Warm Forecast Read More »
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