Energy News Beat According to the Maritime Administration, MARAD and the US Coast Guard (USCG) recently received an application from ST LNG for the proposed development. MARAD stated that the application proposes the ownership, construction, operation, and eventual decommissioning of the ST LNG deepwater port terminal, to be located approximately 10.4 nautical miles (19.2 kilometers) […]
Energy News Beat About 1.89 million tonnes of LNG or 29 cargoes left the three Gladstone terminals on Curtis Island last month, GPC’s data shows. This compares to 1.88 million tonnes of LNG or 29 cargoes in June 2024. June LNG exports rose compared to 1.80 million tonnes of LNG or 28 cargoes in May this year. Curtis […]
Energy News Beat The global energy landscape is witnessing a resurgence in oil and gas production, with major players like Shell and TotalEnergies leading the charge in Nigeria, Africa’s top oil producer. According to a recent report from OilPrice.com, these supermajors are accelerating investments to significantly boost output by 2027, targeting key projects such as […]
Energy News Beat Key Points The U.S. has revised its 2025 crude oil output growth forecast downward to 160,000 barrels per day, down from 210,000, due to slower drilling activity. Research suggests that major basins like Permian, Bakken, and Eagle Ford will see varied impacts, with Permian leading at 6.53 million barrels per day in […]
Energy News Beat In a bold move signaling a strategic pivot, UK oil supermajors BP and Shell have inked new deals with Libya’s National Oil Corporation (NOC) to explore and develop oil and gas fields, marking a significant return to the North African nation after years of instability. This development, reported by OilPrice.com, underscores a […]
Energy News Beat OPEC+ has been making waves with ambitious production quota hikes, signaling a bold shift toward reclaiming market share. However, recent data reveals a recurring theme: the group’s actual output consistently falls short of these lofty targets. As oil markets shrug off the latest production push, questions arise about whether OPEC+ is nearing […]
Energy News Beat Venture Global, a rising star in the U.S. liquefied natural gas (LNG) export market, is making waves with its strategic play at the Plaquemines LNG facility in Port Sulphur, Louisiana. The plant, which achieved first LNG production in December 2024 but remains in the commissioning phase, has become a cash cow for […]
Energy News Beat In 2023, Oman LNG delivered 173 cargoes of LNG. Oman LNG delivered 176 cargoes in 2022, 163 in 2021, 155 in 2020, and 166 in 2019. According to Oman LNG’s 2024 annual report, out of the 181 LNG cargoes, 126 were Oman LNG cargoes and 55 Qalhat LNG cargoes. There were 16 […]
Energy News Beat Daily Standup Top Stories Ghost Factories Are a Warning Sign for Green Manufacturing’s Future July 7, 2025 Clark Savage The promise of a green manufacturing boom, fueled by generous subsidies and ambitious climate policies, is unraveling across the United States and beyond. So-called “ghost factories”—abandoned or stalled clean-energy projects—are becoming a stark symbol […]
Energy News Beat On July 7, 2025, U.S. energy giants ExxonMobil and Chevron, alongside Indonesia’s state-owned energy firm Pertamina and other companies, signed a monumental $34 billion memorandum of understanding (MoU) for commodity purchases and investments. This landmark agreement, reported by OilPrice.com, marks a strategic move to bolster U.S.-Indonesia trade relations, avoid steep tariffs, and […]
