JERA and Saibu Gas work together to use the expanded Japanese LNG terminal
They announced on Tuesday that JERA, Japan’s largest buyer of liquefied gas, will work with Saibu Gas Holdings to use the Hibiki LNG Terminal. This collaboration is intended to improve domestic fuel supply and expand their global business. Saibu Gas is a Japanese city gas supplier based on the southern island of Kyushu.
Hammerfest LNG Plant in Norway will be closed for maintenance from July until August
Equinor announced that its Hammerfest LNG Terminal, Europe's biggest liquefied gas export facility, was shut down on Tuesday for planned annual maintenance. According to a regulatory document, the maintenance outage, which began at 0400 GMT at the Hammerfest LNG plant (also known as Melkoeya LNG), is expected to last until 10 July.
Trump's order to stop NY wind project shocks offshore industry and threatens other projects
The Trump administration’s decision late Wednesday to halt the construction of Equinor’s Empire Wind 1 off the coasts of New York sent shockwaves throughout the offshore wind industry. It raised concerns that fully permitted developments worth billions of dollars are not secure. Donald Trump, the U.S.
Trump's order to stop NY wind project shocks offshore industry and threatens other projects
The Trump administration's late Wednesday decision to stop construction of Equinor’s Empire Wind 1 off the coasts of New York sent shockwaves throughout the offshore wind industry. It raised concerns that developments with full permits, representing billions of dollars in investment, aren't secure. Donald Trump, the U.S.
Asian countries are looking to purchase more US energy in order to balance trade imbalance
As they try to reduce their trade surpluses with Washington, Asian governments are buying more U.S. gas and oil in order to ease their tariff burdens due to President Donald Trump’s new import duties. Many Asian countries have large trade surpluses and also are major energy importers. Trump's tariffs have shook markets and economies.
The US has ordered the construction of Equinor New York Offshore Wind Project to be halted
U.S. Interior Secretary Doug Burgum announced on Wednesday that he had instructed his agency to stop construction of Equinor's Empire Wind off-shore wind project near the coast of New York. Burgum wrote in a blog post on X that information indicated the Biden administration…
President of Taiwan says Taiwan will be the first country to discuss tariffs with US
Taiwan will be among the first trading partners to have talks with Washington. President Lai Ching Te said this on Friday. His economy minister also said that the island can import more than $200 billion of U.S. products, mainly energy. Donald Trump, the U.S. president…
Modi's India aims to strengthen energy and defence ties during Sri Lanka visit
India wants to promote investment and strengthen defence and energy ties with Sri Lanka during Prime Minister Narendra Modi’s two-day visit to the island country, where New Delhi is competing with China for more influence. Modi will arrive in Sri Lanka on Friday night.
Data shows that Russia's LNG imports fell by 1.2% year-on-year in the first quarter of 2018.
LSEG's preliminary data on Tuesday showed that Russia's LNG exports in the first quarter of this year fell by 1.2% compared to a year ago, reaching 8.1 million metric tonnes. Due to U.S. sanctions over the invasion of Ukraine, Russia has been unable to increase its LNG exports.
Energy assets affected due to sanctions and standoff between Russia and the West
On Tuesday, the United States and Russia reached separate agreements to stop attacks on energy and maritime targets. Washington also agreed to press for the lifting of some sanctions against Moscow. In the event that a peace agreement is reached between Russia and Ukraine, the potential for a relaxation of U.S.
Australia pours billions into missile procurement amidst global shortages
Australia's plans for developing its own missile component capability will likely be slowed by the Ukraine war and increased European defense spending, even though it is pushing ahead with a multi-billion dollar effort to purchase long-range attack missiles. Last year…
Cuba is on track to install fifty solar parks by the end of this year, according to the Ministry
The Energy Ministry announced late Wednesday that Cuba was making progress with a China-backed project to install over 50 solar parks in this year, capable of producing more than 1,000 Megawatts. This comes just days after Cuba's outdated grid collapsed, leaving millions without power.
US Supreme Court dismisses state climate lawsuits against oil companies
The U.S. Supreme Court on Monday rejected a bid from 19 Republican-led state led by Alabama, to stop five Democratic-led state from pursuing lawsuits against major oil companies for deceiving public about the role that fossil fuels played in climate change. The justices…
Sakhalin LNG and oil production to decline in 2024
According to the local administration, production of LNG, oil and gas on Sakhalin, a Russian Pacific island, will decline in 2024. According to the administration's figures, production of LNG from Sakhalin Energy, a project led by Kremlin controlled Gazprom in Russia, decreased by around 2 percent to 10…
Equinor Norway LNG plant will be off-line March 10-14
According to a Friday regulatory filing, Equinor will shut down its Hammerfest LNG Terminal from March 10 through March 14 to perform "corrective maintenance". This will reduce the daily production capacity from 18.4 millions cubic metres to zero. The Hammerfest plant…
Data shows that Russia's LNG exports between January and February fell 7.3%.
LSEG released preliminary data on Friday showing that Russia's LNG exports in the first half of this year were down 7.3% compared to a year ago, at 5.1 million metric tonnes. This was due to sanctions and the Sakhalin-2 supply cut. Due to U.S. sanctions over the conflict in Ukraine, Russia has been unable to increase LNG exports.
US utility PSEG increases spending plan as pipeline for data centers jumps
Public Service Enterprise Group, a U.S. Northeast gas and electric utility, raised its capital plan on Tuesday as interest in large power loads such as AI data centers increased. In the United States, power companies are increasing their spending plans in order to boost…
Constellation skips first earnings call since spinoff
Constellation Energy, the U.S.'s largest nuclear power company, missed its quarterly investor call for the first since it went public three years ago. Constellation didn't immediately respond to an inquiry for comment. Analysts were surprised by the lack of a phone call.
Taiwan Environment Minister Eyes Insurance Funds to Help with Green Transition
Peng Chiming, the Environment Minister, said that Taiwan hopes to receive more than $1 billion from insurance funds in order to finance its green energy transition and reduce carbon emissions as part of climate change goals. Taiwan is eager to prove that it's a responsible…
Taiwan buys Alaskan Natural Gas to avoid US Tariffs
The economy ministry announced on Monday that Taiwan was "quite interested in" natural gas from Alaska, and would continue to evaluate the feasibility of purchasing it. This is as the government tries to reduce the trade surplus and avoid tariffs with the United States. Donald Trump, the U.S.
