Floating liquefied natural gas (FLNG) terminals are gaining momentum on the global LNG market, with capacity expected to triple by 2030 according to research from Rystad Energy. Once hindered by technical and operational challenges, FLNG projects are now achieving utilization rates comparable to onshore terminals. With LNG demand rising alongside the growing viability of smaller gas fields, FLNG is emerging as a faster, more flexible and cost-effective solution capable of adapting to shifting market dynamics while unlocking previously stranded…

Pressed on whether new sanctions on Russian oil could hurt the global market, President Trump brushed it off on Tuesday: “I don’t worry about it. We have so much oil in our country. We’ll just step it up, even further.” It’s a confident line—but critics argue that it’s not exactly in sync with how the U.S. oil patch is operating in 2025. So unless there are external changes to the US oil industry, the amount of oil that lies beneath the US may not turn into above-ground barrels. For all the criticism, though,…

After eight years of talk, regional governments are taking concrete steps toward building a trans-Afghan railroad from doubly landlocked Uzbekistan to Pakistani ports after all three countries signed a framework agreement. The project, first pitched in 2017, would see rails extend about 400 miles, or 650 kilometers, from the Uzbek border at Termez southeast across Afghanistan past Mazar-i-Sharif and Kabul to the Pakistani border at Parachinar, where it will connect with the Pakistani rail network. Pakistani officials have pledged to enhance the…

US President Donald Trump’s announcement that he was shortening the deadline for Russia to agree to a cease-fire in Ukraine from 50 days to “10-12 days” has been met with near-silence from the Kremlin and a fresh wave of deadly attacks on Ukrainian cities, suggesting that Moscow may be ready to call his bluff. Trump made the comments on July 28, during a meeting with British Prime Minister Keir Starmer in Scotland. He was referring to an ultimatum he gave earlier this month for Russian President Vladimir Putin to agree to a cease-fire…

Guyana has been the hot new spot for oil exploration in recent years, following several big discoveries. Multiple oil majors are investing in operations in the South American country, as they aim to pump “low-carbon oil” in a bid to continue developing their fossil fuel production with support from governments and consumers. In July, Chevron entered Guyana, alongside Exxon and other oil majors. In mid-July, the U.S. oil major Chevron announced it had completed the $53-billion acquisition of Hess Corporation following the win of an arbitration…

A colder winter boosted Germany’s space heating demand and total primary energy use rose by 2.3% in the first half of 2025 from a year earlier, according to data from energy industry statistics group AG Energiebilanzen (AGEB) published on Tuesday. For the full-year 2024, energy use in Europe’s biggest economy dropped by 1.1% compared to 2023. So far this year, the colder winter, the first such cold winter in three years, has been the primary driver of increased energy consumption. Slightly improved macroeconomic data also helped raise…

A colder winter boosted Germany’s space heating demand and total primary energy use rose by 2.3% in the first half of 2025 from a year earlier, according to data from energy industry statistics group AG Energiebilanzen (AGEB) published on Tuesday. For the full-year 2024, energy use in Europe’s biggest economy dropped by 1.1% compared to 2023. So far this year, the colder winter, the first such cold winter in three years, has been the primary driver of increased energy consumption. Slightly improved macroeconomic data also helped raise…

Ok, we are cynical. The current electric utility policy environment is not exactly what you would call a level playing field, fairly balancing corporate and public interests. Quite the contrary. Right now, we have highly profitable (and politically influential) corporations facing underpowered civil servants in diminished regulatory agencies. State regulators are in a position to grant data centers and possibly other enormous users of electricity the opportunity to milk huge subsidies from unsuspecting consumers. How? By putting these vast new…

Hours after meeting with UK’s Prime Keir Starmer, U.S. President Donald Trump hit out at the high taxes on the North Sea oil industry in yet another criticism of Britain’s energy policies.  “North Sea Oil is a TREASURE CHEST for the United Kingdom. The taxes are so high, however, that it makes no sense,” President Trump posted on Truth Social after visiting Scotland and Aberdeenshire, the heart of the UK oil and gas industry.    “They have essentially told drillers and oil companies that, “we…

Hours after meeting with UK’s Prime Keir Starmer, U.S. President Donald Trump hit out at the high taxes on the North Sea oil industry in yet another criticism of Britain’s energy policies.  “North Sea Oil is a TREASURE CHEST for the United Kingdom. The taxes are so high, however, that it makes no sense,” President Trump posted on Truth Social after visiting Scotland and Aberdeenshire, the heart of the UK oil and gas industry.    “They have essentially told drillers and oil companies that, “we…

Hours after meeting with UK’s Prime Keir Starmer, U.S. President Donald Trump hit out at the high taxes on the North Sea oil industry in yet another criticism of Britain’s energy policies.  “North Sea Oil is a TREASURE CHEST for the United Kingdom. The taxes are so high, however, that it makes no sense,” President Trump posted on Truth Social after visiting Scotland and Aberdeenshire, the heart of the UK oil and gas industry.    “They have essentially told drillers and oil companies that, “we…

Donald Trump rattled markets again by threatening secondary sanctions on Russian energy buyers and setting a tighter ceasefire deadline for Moscow, driving Brent crude above $70 as traders also eyed progress on US-China trade talks. Trump’s $750 Billion Energy Export Vow Has Failed Already - One of the key tenets of the US-EU trade deal, namely that European countries would buy $750 billion of American energy over the next three years, would be close to impossible to achieve. - Europe’s total energy imports from the US already totalled…

Egypt continues to scramble to meet its gas demand and seeks higher purchases of LNG in the next three years than previously planned, sources with knowledge of the matter have told Bloomberg.  Egypt turned from a net LNG exporter to a net LNG importer at the end of 2024 as the country imported last year the highest number of LNG cargoes in years as it looked to ease the strain on its grid and industry amid energy shortages that led to rolling blackouts last summer.  The biggest gas discovery in the Mediterranean, Zohr, helped…

Just last week, Prime Minister Netanyahu recalled his Israeli negotiating team from Doha - which is certainly not a first instance - as talks broke down, also after the US representative mentioned dissatisfaction with Hamas' position. On Sunday night, the Houthis of Yemen declared it will target merchant ships belonging to any company that does business with Israeli ports. This part is nothing new, but what is a renewed escalation is that the Houthis' statement made clear this will be regardless of nationality as part of the…

Turkey wants Iraq to ensure that the oil pipeline from the semi-autonomous Iraqi region of Kurdistan to the Turkish port of Ceyhan on the Mediterranean is utilized to its capacity as Ankara and Baghdad are discussing terms of extending the pipeline agreement expiring next year.   “This pipeline has a capacity of almost 1.5 million barrels per day. There's no flow at the moment. Even when it did flow, it was never at full capacity,” Turkish Energy Minister Alparslan Bayraktar said, as carried by Reuters.  Turkey is proposing…

Turkey wants Iraq to ensure that the oil pipeline from the semi-autonomous Iraqi region of Kurdistan to the Turkish port of Ceyhan on the Mediterranean is utilized to its capacity as Ankara and Baghdad are discussing terms of extending the pipeline agreement expiring next year.   “This pipeline has a capacity of almost 1.5 million barrels per day. There's no flow at the moment. Even when it did flow, it was never at full capacity,” Turkish Energy Minister Alparslan Bayraktar said, as carried by Reuters.  Turkey is proposing…

The world runs on lithium-ion batteries. From the smartphone you may be reading this on, to electric vehicles and utility-scale energy storage, lithium powers an enormous and increasing number of devices in the world around us. In fact, lithium-ion batteries now power a whopping 70 percent of all rechargeable devices. But all that lithium demand has some serious downsides, from environmental degradation and public health hazards to increased geopolitical tensions and supply chain vulnerability. There is therefore a significant opportunity for the…

Oil prices were holding relatively steady early on Tuesday morning following a sharp rally on Monday driven by mounting geopolitical tensions and supportive trade developments. At the time of writing, WTI Crude was trading at $66.60 per barrel, down $0.06 or 0.09%, while Brent Crude hovered at $70.00, slipping just $0.04 or 0.06%. Among the catalysts for Monday’s rally—where Brent futures surged more than 2.3%—was President Trump’s decision to drastically reduce the timeline for Russia to broker peace in Ukraine. Originally…

Oil prices were holding relatively steady early on Tuesday morning following a sharp rally on Monday driven by mounting geopolitical tensions and supportive trade developments. At the time of writing, WTI Crude was trading at $66.60 per barrel, down $0.06 or 0.09%, while Brent Crude hovered at $70.00, slipping just $0.04 or 0.06%. Among the catalysts for Monday’s rally—where Brent futures surged more than 2.3%—was President Trump’s decision to drastically reduce the timeline for Russia to broker peace in Ukraine. Originally…

The European Union this year saw record-breaking LNG imports over the first half of the year. In a couple of years, however, this might change. Because the EU wants both LNG and strict emission reduction commitments from its producers. And they are not happy about it. Qatar is one of the biggest suppliers of liquefied natural gas to the European Union. Last year, the EU adopted something called the Corporate Sustainability Due Diligence Directive with the purpose of ensuring that “companies in scope identify and address adverse human rights…