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Tuesday, 17 March 2026
Chinese-linked ships have been using their identity to transit the Strait of Hormuz on March 1-8, Lloyd’s List Intelligence data shows. None of the six vessels were oil or LNG tankers.
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Tuesday, 17 March 2026
Kenyan authorities have announced plans for a $2.9 billion LNG-fuelled power plant near the port of Mombasa. The initiate targets a 1,200 MW plant in the Dongu Kundo area, provided attractively-priced term deliveries can be secured.
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Tuesday, 17 March 2026
Fracking in the Permian Basin has staged a record 11% annual rise in gas production, adding 2.7 bcf/d to reach 27.7 bcf/d, suppored by break-even prices as low as $61 per barrel in the Midland Basin, one of the Permian's largest oil and associated gas formations.
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Monday, 16 March 2026
As we enter the third week of conflict in the Middle East, there has been no let up in drone and missile strikes across the region over the weekend.
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Monday, 16 March 2026
Major US LNG exporter, Venture Global has taken a final investment decision (FID) and closed a $8.6 bill project financing for the second phase of the company’s third project, CP2 LNG (CP2).
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Monday, 16 March 2026
South Korea’s ruling Democratic Party today announced the abolition of spring caps limiting coal-fired plants to 80% capacity, alongside boosting nuclear utilization to over 80% from late-60s levels. “We aim to lift coal power caps to ease reliance on LNG for electricity generation,” an official from the Ministry of Trade,…
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Monday, 16 March 2026
Answering accusations of sanctions busting by some NGOs, Dynagas LNG Partners has explained that one of its charterers, Singapore-based Yamal Trade, employs two LNGCs, ‘Yenisei River’ and ’Lena River’, on long-term charters, which extend to 2033 and 2034, respectively.
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Monday, 16 March 2026
Japan’s largest LNG buyer JERA and its Korean counterpart KOGAS have agreed to deepen coordination in LNG operations by optimizing LNG shipping schedules and terminal utilization.
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Monday, 16 March 2026
With more than 12 million barrels of oil equivalent per day (boepd) of Middle East crude oil and LNG production taken offline due to the Iran war, Russia emerges as the clear winner of global supply shortages. US President Trump’s sanctions relief for Russia’s short-term oil was meant to ease…
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Monday, 16 March 2026
The Philippine government is regulating electricity rates to counter the risk of LNG-linked price inflation of up to 16 percent, amid Middle East shipping disruptions. Energy Secretary Sharon Garin is negotiating stable coal supplies from Indonesia to facilitate fuel switching and wants to temporarily cap spot power prices.
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