Energy News Beat ENB Pub Note: This is huge. The Woodside Louisiana LNG project has a total permitted export capacity of 27.6 million tonnes per annum (Mtpa). The foundational phase, approved with a final investment decision in April 2025, includes three LNG trains with a capacity of 16.5 Mtpa, with first production targeted for 2029. […]
Energy News Beat On Tuesday, the US LNG exporter said that its revenue rose 105 percent compared to the same quarter in 2024. Net income for the three months ended March 31, 2025, decreased 39 percent as compared to 2024. Venture Global said this decrease was largely driven by non-cash factors such as unfavorable changes […]
Energy News Beat The 2022-built 174,000-cbm, Elisa Aquila, owned by France LNG Shipping and chartered by Edison, delivered the maiden shipment from Louisiana to Snam’s 170,000-cbm FSRU, Italis LNG, in Piombino. According to a statement by Snam, the LNG carrier unloaded at the Piombino terminal about 165,000 cbm of LNG to be regasified and introduced […]
Energy News Beat The Australian LNG player recently made a final investment decision to develop the three-train, 16.5 mtpa Louisiana LNG project, which it acquired from Tellurian last year. In October 2024, Woodside acquired Teelurian for about $1.2 billion. Woodside also renamed Tellurian’s Driftwood LNG project Woodside Louisiana LNG. Earlier the same year, Tellurian won more […]
Energy News Beat ENB Pub Note: I have included a summary of the earnings report for Venture Global. Investing in LNG is a good long-term play, and there are good long-term contracts that have been signed in the reports. Key Points Research suggests Venture Global’s Q4 2024 revenue was $1.5 billion, down from $1.6 billion […]
Energy News Beat Danish shipping giant Norden has decided to increase its multi-purpose (MPP) fleet by signing newbuilding leases with purchase options for two vessels. These two vessels are options to the recently signed deals for two identical vessels set to deliver in 2026. This latest pair of 17,500 dwt vessels is expected to be […]
Energy News Beat ENB Pub Note: Until the EU sanctions Chinese or Indian refineries, Russian oil will still reach its biggest buyers. I have included a summary of the sanctions, and Russia has had a 4.2% GDP growth even under these sanctions. Key Points The EU has imposed multiple sanctions on Russia since 2014, with […]
Energy News Beat Daily Standup Top Stories Ukraine’s MHP delivers first bio-LNG supplies to EU May 13, 2025 Mariel Alumit ENB Pub Note: I added overall market context on the bio-LNG markets Bio-LNG (liquefied biomethane) is a renewable fuel derived from organic waste, such as agricultural residues, household waste, and industrial byproducts. Its production and […] Equinor […]
Energy News Beat ContainersEurope MarineTraffic / Capt. Turboboss MarineTraffic / Capt. Turboboss Busy Athens-based non-operating owner Erasmus Corp has taken its box fleet into double-digits with Alphaliner reporting another triple swoop this week. Erasmus is tied to the acquisition of the 2,741 teu Jeju Island for $20.5m as well as the 1,809 teu Kestrel and […]
Energy News Beat The US on Tuesday announced fresh sanctions on Iranian oil sales to China, as president Donald Trump’s administration continues its “maximum pressure” campaign against Tehran. The US Treasury said that it is sanctioning nearly two dozen firms that it alleges facilitate Iran’s international oil trade. Sanctioned entities include so-called front companies based in […]
Pecos Country Operating, LLC is a privately owned oil and gas exploration and production company headquartered in Fort Worth. We own and operate wells across the South Central United States with our predominant means of production coming out of West and North Texas.
