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Wednesday, 26 March 2025
Free ReadAhead of Shell’s New York Capital Markets day yesterday, CEO, Wael Sawan revealed that the UK energy giant would prioritise its capital spending on LNG growth, while maintaining oil output at current levels.  Sawan said that this approach would make the company “resilient irrespective of how the energy system evolves.”…
The Korea Line managed LNGC, ‘SM Kestrel’ is still being held at Gibraltar, following a minor collision involving a bulk carrier last week.
Free ReadTaiwan's state-owned energy company CPC Corp is considering investing into the Alaska LNG export project, having signed an initial offtake agreement with AGDC to buy LNG from the venture. The deal was signed on a tour of Alaska’s Governor Mike Dunleavy across Asia, seeking additional investors for the $44 billion…
By 2050, Middle East LNG exports are predicted to reach 202 mill tonnes, driven largely by Qatar’s expansion plans. Net exports are expected to hit 188 mill tonnes by the same year.
Tuesday, 25 March 2025
US natural gas futures were reported as steady on Monday, as record flows to LNG export plants offset record output.
Tuesday, 25 March 2025
Abaxx Technologies, a financial software and market infrastructure company, majority shareholder of Abaxx Singapore, the owner of Abaxx Commodity Exchange and Clearinghouse has concluded the first over-the-counter (OTC)  LNG cargo trade indexed to Abaxx LNG futures.
Free ReadThai-based drybulk shipowner, Precious Shipping, is looking to expand into the LNGC market, together with other ship types. The listed shipowner has revealed in a stock exchange filing that its Singapore subsidiary had signed a deal with Emstraits Navigation and Lianson Fleet, formerly Icon Offshore, to establish a joint venture…
Pakistan plans to postpone eight LNG cargoes, due to be imported from Italian energy company, Eni between May and December.
The US Maritime Administration (MARAD) has issued a license allowing to Delfin LNG to own, construct, operate, and eventually decommission a deepwater port, to export US LNG.
Free ReadThe German Government is looking to sub-charter out some of its FSRU terminals, following disputes and planning incidents that have resulted in two contract cancellations in recent months. “Talks are ongoing with potential interested parties to sub-rent the ships, if we don’t need them anymore,” a spokesperson for the German…