LNG

Some of Cyprus’ estimated 20 trill cu ft of natural gas discovered in its waters could reach European markets as soon as 2027, the Cypriot President recently claimed.

Following mothballing for several years, US energy giant ExxonMobil is to resume its Mozambique gas development project, following TotalEnergies work resumption in the country.

Following the recent filing of a complaint before the French National Anti-Terrorist Prosecutor’s Office (Pnat) against persons unknown and against TotalEnergies for ‘complicity in war crimes, torture and enforced disappearances’ in Mozambique between July and September, 2021, the energy company said it firmly rejected all the accusations.

Cash strapped New Fortress Energy (NFE) finally filed its third quarter 2025 results late last week, which revealed a net loss of $293 mill, or $1.07 per share, compared to a profit of $11 mill in 3Q24.

As a result of the US move away from renewables, the US Export-Import Bank (Ex-Im) will invest $100 bill to achieve President Trump’s plan for global energy dominance.

Finland’s timber producer, UPM has strengthened its position as an LNGC supplier by introducing WISA-LNG spruce plywood to insulate LNG cargo tanks.

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The International Energy Agency’s World Energy Outlook (WEO-2025) published last week looked at two different scenarios - the Stated Policies Scenario (STEPS) and the Current Policies Scenario (CPS), plus others.

October proved to be a robust month for the LNG shipping sector, providing a welcome lift to spot rates, largely underpinned by activity in the Atlantic Basin.