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Monday, 12 May 2025
Asian LNG spot prices rose slightly last week, tracking European gas prices, which gained ground following the EU's plan to phase out Russian gas.
Capital Clean Energy Carriers Corp (CCEC) has chartered out two newbuilding 174,000 cu m LNGCs currently under construction at Hyundai Samho scheduled for delivery in the first quarter of 2027.
Monday, 12 May 2025
Somers Farkas, Donald Trump's nominee for US ambassador to Malta, has told a US senate committee that the island could become a destination for its exports.
The US, which currently supplies half of Europe's LNG imports and roughly 15% of the continent's total gas supply, would be disproportionately impacted if current restrictions on Russian gas and LNG were to change, according to a S&P Global Commodity Insights study.
Chinese companies' involvement in Russian LNG projects was discussed by Russian and Chinese delegations in Moscow last Thursday, the Interfax news agency reported, quoting Russian Energy Minister, Sergei Tsivilev.
Free ReadPrivately-held Bosowa Energy Group, an East Indonesian conglomerate, has teamed up with BK LNG Solutions to accelerate Indonesia’s clean energy transition. The two partners agreed to develop floating storage units (FSRUs) for importing LNG to fuel gas-fired power plants and distribute small-scale LNG via ISO tanks to remote and underserved…
US FSRU operator, Excelerate Energy, has reported net income of $52.1 mill for the first quarter of this year. Adjusted net income was $55.6 mill, while adjusted EBITDA came in at $100.4 mill for 1Q25. Excelerate raised its full year 2025 adjusted EBITDA guidance to a range of between $345…
Capital Clean Energy Carriers Corp (CCEC) has chartered out  two newbuilding 174,000 cu m LNGCs currently under construction at Hyundai Samho and scheduled for delivery in the first quarter of 2027.
Chinese companies' involvement in Russian LNG projects was being discussed by Russian and Chinese delegations in Moscow yesterday, the Interfax news agency reported, quoting Russian Energy Minister, Sergei Tsivilev. When asked about the possibility of Chinese companies entering LNG projects in Ust-Luga or other locations in Russia, Tsivilev said that…
Free ReadThe American Petroleum Institute (API), whose members include Exxon Mobil, Chevron and Cheniere Energy, is calling on President Trump to exempt LNG tankers from a new rule. The novel regulation mandates producers to move 1% of their exports on US-built ships starting from April 2028, and that share would rise…