Day: April 30, 2025

U.S. LNG will be the United States’ largest export product – Secretary Chris Wright

Energy News Beat On the Crude Truth Substack, Rey Trevino writes: Secretary Chris Wright provided a comprehensive summary of the first 100 days of the Trump administration’s energy initiatives during the cabinet meeting today. As an oil and gas exploration company, we are encountering various perspectives. President Trump has been saying that we need to […]

MOL’s LNG fleet continues to expand

Energy News Beat ENB Pub Note: Why is it important to note that the Japanese shipping firm is increasing the number of tankers and currently has about 30 new tankers on order? One key point President Trump has in his energy exports is the United States’ LNG exports to our trading partners. We don’t own […]

India’s HPCL, Adnoc ink LNG supply deal

Energy News Beat ENB Pub Note: India is critical to global trade and market stability. The article below from LNG Prime points out the new agreement between HPCL and Adnoc Trading. Let’s take a look at the overall history of Indian LNG imports first.  India is one of the world’s top importers of liquefied natural […]

U.S. oil companies spent less on interest over the last decade despite higher rates

Energy News Beat ENB Pub Note: This article from the EIA highlights significant challenges that the United States’ oil and gas companies face. However, what the world is facing is a lack of investment in oil and gas, and this will ultimately become a problem. The four trillion dollars needed to invest in drilling to […]

Amigo LNG, Oman’s OQ Trading seal 15-year SPA

Energy News Beat According to a joint statement on Tuesday, OQ Trading will purchase 0.6 million tonnes per annum (mtpa) of LNG on a FOB basis from Amigo LNG’s export terminal in Guaymas, Sonora, Mexico. “This long-term supply partnership represents a strategic move by OQT to diversify its LNG sourcing portfolio beyond the Middle East […]

PD Ports planning development of $260m UK offshore wind hub

Energy News Beat PD Ports has revealed plans to build one of the UK’s largest offshore wind manufacturing and installation hubs – the Teesport Offshore Gateway – an investment worth around £200m ($267m). The project will unlock just shy of 730,000 sq m of development potential for a range of offshore manufacturers, assembly, marshalling, and […]

BP to supply feed gas to Woodside’s Louisiana LNG

Energy News Beat ENB Pub Note: This is an essential update from Woodside and BP on the Louisiana LNG Gas Management commitment for a long-term basis from BP.  One topic that is not covered in this story is whether BP will be forced to move to the United States due to the horrific energy policies […]

TotalEnergies quarterly LNG earnings up, sales down

Energy News Beat During the first quarter, TotalEnergies sold 10.6 million tonnes of LNG, down percent compared to 10.7 million tonnes in the same period last year, and down 2 percent compared to 10.8 million tonnes in the prior quarter. TotalEnergies said LNG sales were globally “stable quarter-to-quarter, with increased sales from equity production offset notably […]

Dynacom in for more New Times suezmaxes

Energy News Beat Dynacom Greece’s Dynacom Tankers has swelled its suezmax orderbook at China’s New Times Shipbuilding. Newbuilding sources report that George Procopiou’s company has signed up for two 159,000 dwt vessels, adding to previously booked 10 newbuilds at the privately owned shipyard in late 2023 and early 2024. The Athens-based outfit has a massive […]

How China’s Grip Is Changing the Game!

Energy News Beat Daily Standup Top Stories Dutch government scales back offshore wind to preserve fisheries April 29, 2025 Mariel Alumit ENB Pub Note: Focusing on Fishing rather than offshore wind is a good thing. The country is realizing that offshore wind is crippling their fishing industry and not providing the electrical generation that was promised.  […] […]