Lobby group attacks Sempra’s Mexican ambitions
The US lobby group NRDC (Natural Resources Defense Council) has warned that energy company Sempra’s proposed Vista Pacífico LNG export project in Sinaloa, Mexico carries elevated financial, legal, and reputational risk for investors.
Corpus Christi to become second largest US exporter
US Secretary of Energy Chris Wright has agreed an export authorisation for the 12% expansion project at Cheniere Energy’s Corpus Christi LNG terminal.
Marine insurers look to increase premiums - cancel War Risk cover
“The primary risks (of escalating hostilities) centre on the Persian and Arabian Gulf, particularly the threat of vessel boarding and seizure by Iranian forces and the potential closure of the Strait of Hormuz,” said Dylan Mortimer, Marine Hull UK War Leader, at shipping insurer, Marsh.
“It is very early to tell at this point, but we would estimate that near-term rate increases for marine hull insurance in the Gulf could range from 25 to 50%, barring any direct attack on merchant shipping, which could have major repercussions across war insurance rates.
“Given the military build-up in the region, crew are far more likely to be concerned than they might have been to previous risks. The situation remains very fluid, requiring ongoing attention,” he warned.
Elsewhere, Norway-based marine insurance and P&I service providers, Gard and Skuld have said that reinsurers’ appetite for war‑risk exposure was tightening, and in practical terms, it will result in their withdrawing capacity at short notice.
As a result, they had decided to cancel War Risk cover.
In Skuld’s case, this takes effect on 5th March, and will cover Iran and Iranian waters, including coastal waters up to 12 nautical miles offshore, plus Persian/Arabian Gulf and adjacent waters, as defined.
Hanwha Aerospace to buy Venture Global LNG
US major LNG plant developer, Venture Global has signed a sales and purchase agreement (SPA) with South Korea’s Hanwha Aerospace, in which the latter will secure 1.5 mill tonnes per annum of LNG for 20 years, starting in 2030.
Shell looks to sell NWS stake
Shell is discussing with ADNOC and Midocean Energy the possible sale of its minority stake in the Australian North West Shelf (NWS) LNG project, according to a Bloomberg report.
Cheniere signs new SPA - reports record LNG production
US’ largest LNG plant developer, Cheniere Energy’s subsidiary, Cheniere Marketing International, has agreed a long-term LNG sale and purchase agreement (SPA) with CPC Corp, Taiwan.
TotalEnergies consolidates position as number one US LNG exporter
French energy major, TotalEnergies has signed a letter of intent (LoI) with Glenfarne, the lead developer of the Alaska LNG project, for the offtake of 2 mill tons per year of LNG over 20 years, subject to the project's final investment decision (FID).
Excelerate starts LNG deliveries into Bangladesh
US-based FSRU and LNG player, Excelerate Energy started LNG cargo deliveries into Bangladesh in January, 2026 under a 15-year LNG sale and purchase agreement (SPA) with QatarEnergy and Petrobangla.
US LNGC sailings rise
Some 35 LNGCs left US export terminals this week, a rise of one on the previous week.
They had a carrying capacity of 135 bill cu ft, up 5 bill from the week before.
Nine vessels departed from Sabine Pass, seven from Corpus Christi, six from Plaquemines, four each from Cameron and Freeport, three from Calcasieu Pass, and one each from Cove Point and Elba Island, according to data supplied by Bloomberg Finance to the US Energy Information Administration (EIA).
Australian gas exporters seek new buyers
Asia’s current weak LNG demand has resulted in Australia shipping a cargo to Eastern Canada, vessel tracking data compiled by Bloomberg showed.
