Energy News Beat We are seeing more and more stories of key indicators of the shift back to energy normalcy. A small increase in Rigs this week in the U.S., but globally up 27; however, that is still not enough to increase production and lower prices. We are going to see another swing away from […]
Energy News Beat In a significant policy reversal, the Trump administration’s Department of the Interior (DOI) announced new measures to eliminate what it calls “regulatory favoritism” toward wind and solar energy projects. This initiative includes an enhanced oversight process for approvals and the termination of fee discounts, signaling a broader effort to level the playing […]
Energy News Beat The U.S. drilling industry showed signs of revival this week, with the total rig count rising for the first time in 12 weeks. According to the latest data from Baker Hughes, the active rig count in the United States increased by 7 to 544 as of July 18, 2025. This uptick was […]
Energy News Beat EIA said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 30 LNG vessels is 114 Bcf. This compares to 27 LNG vessels and 104 Bcf in the week ending July 9. According to data from S&P Global Commodity Insights, average natural gas deliveries […]
Energy News Beat Last month, Freeport LNG’s units sought from FERC an approximately 40-month extension of time for the Train 4 project. “Based on the facts presented in the request and the case record, the applicants are granted an extension of time until and including December 1, 2031, to complete construction of their Train 4 […]
Energy News Beat Spark’s data lead, Qasim Afghan, told LNG Prime on Friday that Spark30S (Atlantic) freight rates increased by $2,000 to $33,750 per day. Meanwhile, Spark25S (Pacific) rates stayed relatively steady at $38,250 per day and continued to price at a premium to Atlantic rates, he said. In Europe, the SparkNWE DES LNG dropped compared to last […]
