Hormuz Commodity Transits Collapse After Tanker Attacks as US-Iran Talks Stall
Logistics

Hormuz Commodity Transits Collapse After Tanker Attacks as US-Iran Talks Stall

Kpler data showed five commodity vessels transited the Strait of Hormuz on Saturday and none on Sunday, down from 31 the...

Eoin McCarthy 👁 52 💬 0
Natural Gas Could Triple at Some U.S. Hubs, Hitting Hyperscaler AI Power Plans
Energy

Natural Gas Could Triple at Some U.S. Hubs, Hitting Hyperscaler AI Power Plans

Noreva sees U.S. gas prices rising above $10 per million BTUs as AI data center demand meets LNG exports and slower supp...

Aoife Keane 👁 59 💬 0
Hormuz Strikes and Saudi Refinery Drones Put Oil Chokepoints Under Pressure
Energy

Hormuz Strikes and Saudi Refinery Drones Put Oil Chokepoints Under Pressure

Iran's attack on ADNOC-linked tankers and fresh Houthi drones on Saudi Aramco show the war is escalating across the Gulf...

Aoife Keane 👁 53 💬 0
XRG Enters Venezuela's Loran Offshore Gas Licence With bp and UCC
Energy

XRG Enters Venezuela's Loran Offshore Gas Licence With bp and UCC

ADNOC's XRG is joining a Venezuelan offshore gas block it says holds more than 4 trillion cubic feet of proven gas, deep...

Aoife Keane 👁 41 💬 0
ADNOC's XRG Enters Venezuela Through Loran Offshore Gas Concession
Energy

ADNOC's XRG Enters Venezuela Through Loran Offshore Gas Concession

XRG, ADNOC's international energy investment arm, has taken a stake in Venezuela's Loran offshore gas concession alongsi...

Aoife Keane 👁 41 💬 0
ADNOC Gas Q2 Net Income Tops Guidance at $665 Million, Lifts 2030 Growth Target on Expansion Spree
Energy

ADNOC Gas Q2 Net Income Tops Guidance at $665 Million, Lifts 2030 Growth Target on Expansion Spree

ADNOC Gas posted net income of $665 million, beating the upper end of its own guidance, and raised its 2030 EBITDA growt...

Aoife Keane 👁 33 💬 0
ExxonMobil Names Preferred Contractor for Mozambique's $20B Rovuma LNG Project
Energy

ExxonMobil Names Preferred Contractor for Mozambique's $20B Rovuma LNG Project

U.S. supermajor selects MDC consortium for onshore EPC work on the 18.6 mtpa Rovuma LNG development, marking a pivotal s...

Aoife Keane 👁 40 💬 0
Eni and TotalEnergies Finalise Cronos Gas Project, Set to Supply Europe by 2028
Energy

Eni and TotalEnergies Finalise Cronos Gas Project, Set to Supply Europe by 2028

The final investment decision on the Cronos field off Cyprus unlocks 3 trillion cubic feet of gas for Europe, using Egyp...

Aoife Keane 👁 31 💬 0
Chile's Role in Vaca Muerta: Chamber Pitches Biobío LNG Plant to Reach Asia-Pacific
Energy

Chile's Role in Vaca Muerta: Chamber Pitches Biobío LNG Plant to Reach Asia-Pacific

The Neuquén petrochemical chamber says Vaca Muerta accounts for 70% of investment pledges under Argentina's RIGI and is ...

Aoife Keane 👁 42 💬 0
China's Waning LNG Demand Weakens Case for Planned Export Projects
Energy

China's Waning LNG Demand Weakens Case for Planned Export Projects

Beijing's energy self-sufficiency push has cut projected LNG demand growth by up to 22 million tons, eroding the need fo...

Aoife Keane 👁 29 💬 0
European Gas Prices Slip Below $690 as Market Digests Geopolitical Premium
Energy

European Gas Prices Slip Below $690 as Market Digests Geopolitical Premium

TTF benchmark futures edged lower on Friday, trading around $688 per thousand cubic metres, after months of sharp swings...

Aoife Keane 👁 31 💬 0
Shell Triples Quarterly Profit to $10.8bn on Soaring Oil and Gas Prices
Energy

Shell Triples Quarterly Profit to $10.8bn on Soaring Oil and Gas Prices

UK energy major Shell posted its best quarterly result since 2022, driven by elevated crude, gas and LNG trading margins...

Aoife Keane 👁 31 💬 0
Fire Strikes LNG Vessels at Damietta Port, Ministry Confirms No Injuries
Energy

Fire Strikes LNG Vessels at Damietta Port, Ministry Confirms No Injuries

A fire broke out on the regasification and storage vessels at Egypt's Damietta LNG terminal. Emergency teams responded i...

Aoife Keane 👁 157 💬 0
South Asia’s $1 Billion LNG Premium—and Why Coal Is Making a Comeback
Energy

South Asia’s $1 Billion LNG Premium—and Why Coal Is Making a Comeback

A five-month Middle East conflict has forced Pakistan and Bangladesh to pay double for spot LNG, adding at least $1 bill...

Aoife Keane 👁 34 💬 0
Hawaiian Electric Seeks to Expand Renewables, Energy Storage on Oʻahu, Hawaiʻi Island, and Maui
Energy

Hawaiian Electric Seeks to Expand Renewables, Energy Storage on Oʻahu, Hawaiʻi Island, and Maui

The utility has filed an ambitious procurement plan for nearly 1,650 GWh of renewables and 465 MW of grid-forming storag...

Aoife Keane 👁 41 💬 0
QatarEnergy extends LNG force majeure to mid-October, squeezing global supply
Energy

QatarEnergy extends LNG force majeure to mid-October, squeezing global supply

The Qatari state giant is telling Asian and European buyers to brace for further shipment cancellations through mid-Octo...

Aoife Keane 👁 48 💬 0