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Clarkson, the UK-based global shipping services company and maritime consultancy for LNG and other transported hydrocarbons and products, reported a jump in annual revenues of over 36 percent and record profits even as uncertainties remained in the industry from geo-political issues.
One of the world’s leading annual energy conferences, CERAWeek, was scheduled to begin in Houston on March 6 and will continue through March 10 with thousands of industry executives and politicians attending to consider the current turbulent global market.
Shell plc is continuing with its pull-out from the Russian oil and gas industry as part of sanctions over Ukraine and has how divested its 50 percent stake in the large Salym project in Western Siberia after divesting its main Sakhalin LNG stake in 2022.
Free ReadSonelgaz, the national electricity and natural gas company of Algeria, has been put in charge by Minister of Energy and Mines Mohamed Arkab of helping to manage “a gradual and responsible” energy transition backed by gas while noting Sonelgaz has run renewable integrated energy projects since the 1980s. During a…
European and Asian natural gas market prices declined again with the Dutch Title Transfer Facility (TTF) benchmark falling by over 7 percent on the week to about $14.5 per million British thermal units as more LNG cargoes were pointed at Europe, though the current price was well down on the…
Enagás, the Spanish gas grid and LNG terminals operator, has held an event for marketers and the regulatory authorities at its headquarters in Madrid where it revealed plans to launch an open season on March 6 for logistics services at the re-activated El Musel import terminal in Northwest Spain on…
Free ReadExcelerate Energy, the leading US provider of floating LNG import terminals, has extended a time-charter agreement with the Dubai Supply Authority for a floating storage and regasification unit deployed in the United Arab Emirates. Excelerate said that prior to the deal the agreement for the FSRU “Explorer” had a remaining…