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Tuesday, 12 November 2024
Major LNGC player, Oslo-based Flex LNG has reported that vessel operating revenues were $90.5 mill for the third quarter 2024, compared to $84.7 mill for the previous quarter. Third quarter net income was $17.4 mill and basic earnings per share ws $0.32 for 3Q24, compared to $21.8 mill and $0.41…
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Tuesday, 12 November 2024
Nineteen international companies have expressed interest in participating in the tender announced by Bulgargaz EAD to supply of LNG in January and February, 2025 at the Alexandroupolis FSRU terminal, in Greece. All the candidates met the criteria set by Bulgargaz and were allowed to participate in the next stage of…
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Tuesday, 12 November 2024
Nhon Trach 3 & 4, Vietnam’s first LNG-fuelled power stations with 1.6 GW capacity, will be grid-synchronized before the end of this week. Dong Nai's Department of Industry and Trade disclosed the 500 kV Nhon Trach 4/ Phu My/ Nha Be power line – one of four lines built to…
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Monday, 11 November 2024
Free ReadIn an analysis of Qatar, S&P Global Ratings maintained its stable outlook. The ratings agency said that in its view, Qatar's fiscal and external buffers should continue to benefit from the country's position as one of the world's largest exporters of LNG over the next two years, further boosted by…
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Monday, 11 November 2024
The average LNG price for December delivery into northeast Asia LNG-AS fell to $13.40 per MMBtu last week, down from $13.80 MMBtu in the previous week, industry sources estimated. "Spot demand has been slow to emerge in northeast Asia," said Samuel Good, head of LNG pricing at commodity pricing agency Argus, reported…
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Monday, 11 November 2024
European LNG importers may turn to the US for supplies to replace Russian gas. European Commission President, Ursula von der Leyen revealed the possibility last Friday following a phone call with US President-elect Donald Trump.
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Friday, 08 November 2024
A second Trump presidency would most likely continue to invest in the fossil fuel sector, while taking a sceptical view of the green policies initiated under the Biden administration. The new presidency could encourage more energy production on federal lands, which would improve sentiment in the industry and could increase…
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Friday, 08 November 2024
Free ReadUS gas developer, NextDecade Corp’s Chairman and CEO, Matt Schatzman, has provided an update on activities for the third quarter and early fourth quarter of this year. “We continued to make excellent progress on the construction of Phase 1 at the Rio Grande facility during the third quarter. The facility continues to…
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Friday, 08 November 2024
US engineeering concern, KBR has been awarded a front-end engineering design (FEED) contract for the expansion of the Qalhat LNG complex in Sur, Oman. This project represents a significant step in Oman's efforts to meet rising global energy demands, while prioritising sustainable and efficient operations, the company said.
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Thursday, 07 November 2024
Although very early days, analysts have been studying the likely scenario for the energy sector when Donald Trump is sworn in as the US’ 47th President next January. Rob Thummel, senior portfolio manager at Tortoise Capital Advisors, said that the US is currently the world's largest producer of oil and natural…
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