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Monday, 10 February 2025
The TTF needs to price higher at around €57/MWh for the balance of 2025– if European buyers want to succeed in attracting flexible LNG cargoes, as inventories are depleting fast. Reduced Norwegian pipeline gas flows could propel up TTF prices, analysts warn, as Europe lost its ability to further minimise…
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Friday, 07 February 2025
Canada's Alberta province, a major gas producer, is trying to find new export markets in face of the US tariff threat. Expanding in Japan is one target, the province’s Minister of Environment and Protected Areas, Rebecca Schulz, told Reuters this week.
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Friday, 07 February 2025
French engineering company, GTT has signed a co-operation agreement with two major Chinese companies. These are COSCO Shipping LNG Investment (Shanghai) Co. (CSLNG) and COSCO Shipping Heavy Industry Co (CHI).
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Friday, 07 February 2025
Free ReadRecently formed LNGC player, Capital Clean Energy Carriers Corp (CCEC) has reported a considerable increase in fourth quarter 2024 net income, due to the addition of five LNGCs. This increased the average number of vessels to 15 from 10.5 in the same quarter of last year. Net income was $20.8 mill,…
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Friday, 07 February 2025
Abu Dhabi-based ADNOC Gas delivered a record $5 bill net income last year. In addition, the 2024 $8.65 bill EBITDA was a rise of 14% year-on-year.
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Thursday, 06 February 2025
Canada’s provincial Quebec Government is reconsidering resurrecting a pipeline project to bring gas from Western Canada before shipping it overseas as LNG. This ‘about turn’ was due to the recent US tariff threat and economic volatility, Quebec’s Environment Minister, Benoit Charette, said.
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Thursday, 06 February 2025
Ukraine could store US LNG in its underground facilities to boost bilateral co-operation and Europe's energy security, Foreign Minister Andrii Sybiha said yesterday at a press conference in Kyiv. . "Ukraine has powerful underground gas storage facilities, and we have the potential for close, mutually beneficial co-operation in this area,"…
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Thursday, 06 February 2025
Free ReadChina’s rapid adoption and scale-up of LNG trucks sales is displacing the use of oil and oil products in road transport, lowering diesel demand. Based on the current order book and stringent environmental regulations, the International Energy Agency (IEA) expects the number of LNG-fuelled ships to almost double and reach…
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Wednesday, 05 February 2025
French energy giant, TotalEnergies generated $4.4 bill of adjusted net income in the fourth quarter of last year, up 8%, thanks to strong performance in Integrated LNG and Integrated Power sectors. In 2024, in a softer environment than in the previous year, TotalEnergies leveraged its multi-energy integrated strategy, posting adjusted net income of more than $18 bill and…
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Wednesday, 05 February 2025
Remaining with the energy major results reporting season, Norwegian player, Equinor has raised its 2030 oil and gas output forecast and scaled back plans for renewable energy capacity expansion. The company also reported a smaller than forecast drop in profit for the final quarter of 2024.
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