Day: April 25, 2025

India’s Concor, GAIL join forces on LNG fuel infrastructure

Energy News Beat According to a statement by Concor, the two state-owned firms signed a memorandum of understanding on April 23 in New Delhi. The primary objective of the MOU is to develop LNG infrastructure at various Concor terminals on a pan-India basis, to provide uninterrupted supply of LNG fuel for Concor’s road transportation requirements, […]

‘Electric Vehicles: The Good, The Bad And The Ugly’ Exposes The Dark Side Of EVs

Energy News Beat Is the electric vehicle craze really better for the planet? Explore the hidden costs, from mining to data privacy, in this eye-opening documentary. ​Are electric vehicles better for the planet than gasoline-powered vehicles? This is the question we explore in my new documentary “Electric Vehicles: The Good, the Bad and the Ugly.” […]

Atlantic LNG shipping rates jump this week

Energy News Beat Spark30S (Atlantic) freight rates rose $14,000 this week to $35,750 per day, Qasim Afghan, told LNG Prime on Friday. He said this is the largest week-on-week rise in Atlantic rates since September 2023, and has “largely been driven by the US front-month arb pointing to Asia for the first time in seven months […]

US LNG exports down to 27 cargoes

Energy News Beat EIA said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 27 LNG vessels is 102 Bcf. This compares to 34 shipments and 129 Bcf in the week ending April 16. According to data from S&P Global Commodity Insights, average natural gas deliveries to US LNG export terminals […]

Russian LNG production down in Q1

Energy News Beat Rosstat’s data shows that the country’s LNG terminals produced about 8.7 million mt in January- March, down 4.1 percent compared to the same period in 2024. In March, LNG production reached 2.9 million mt, a decrease of 3.7 percent compared to the same month last year and a rise 8 percent compared […]

New EU ESG Directive Targets American Firms With Foreign Climate Mandates

Energy News Beat ENB Pub Note: We are witnessing the decimation of the EU and the global elite. They are very much like a wolf in the corner that will bite at anyone and anything to survive. This latest move towards world dominance is smoother than any James Bond villain, and we need to take […]

Wan Hai ups 16,000 teu newbuild series in South Korea

Energy News Beat Wan Hai Taiwanese containerline Wan Hai has returned to South Korean shipyards for a fresh series of methanol dual-fuel-ready 16,000 teu vessels. The Taipei-headquartered company has commissioned two newbuilds each at HD Hyundai Samho and Samsung Heavy Industries in a deal worth up to $816m. The units at HD Hyundai cost between […]

Pakistan ceases all trade with India

Energy News Beat Karachi Port Trust Pakistan has suspended all trade with India and closed its airspace and land border. The measures follow the imposition of sanctions imposed by India after an attack in Indian-administered Kashmir that killed 26 people on Tuesday. The last six months saw 520 port calls of vessels between Pakistan and […]

Taylor Maritime offloads 11 ships

Energy News Beat London-listed dry bulk outfit Taylor Maritime has aligned its business with anticipated trade turbulence and taken advantage of improved market sentiment to sell 11 ships for $172.5m. The Ed Buttery-led company said that one bulker had already been delivered to its new owner, with the remaining 10 exiting the fleet by August […]

Eni: third phase of YPF’s Argentina LNG project requires $20 billion investment

Energy News Beat Italy’s Eni recently signed a memorandum of understanding with Argentina’s state-owned oil and gas company YPF to join the latter’s proposed Argentina LNG export project. Argentina LNG is a large-scale upstream and midstream integrated gas development project, designed to develop the resources of the Vaca Muerta onshore shale gas field and serve […]