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Daily (29.01.2024): Oil and gas prices rose on Friday amid concerns over escalating tensions in the Middle East
Oil prices closed higher on Friday following an attack on a British tanker by Yemeni Houthi rebels, reigniting concerns about potential disruptions to Middle Eastern oil supplies. Consequently, Brent crude settled 1.4% higher at $83.55, while WTI crude ended at $78.01 per barrel, marking around a 1% daily gain.
read more... 29/01/2024
Germany Welcomes First LNG Carrier At New Wilhelmshaven Terminal
Germany welcomed on Tuesday the first tanker carrying liquefied natural gas (LNG) at the newly opened LNG import terminal at Wilhelmshaven, with the cargo arriving from the Calcasieu Pass export facility in the United States.
read more... 04/01/2023
Germany secures four floating LNG terminals in mad rush to replace Kremlin gas
As Russia’s war continues, the German government has been frantically looking for alternatives to Russian pipeline gas and mobile floating tankers repurposed to process LNG from around the world have become the government’s solution.
read more... 06/05/2022
Novatek completes Arctic LNG 2 fleet formation
Novatek, Russia’s largest independent natural gas producer, has signed long-term charter deals for six Arc7 ice-class LNG tankers.
read more... 29/10/2020
Iraq Ships More Crude Oil Despite OPEC Output Cut Pledge
Iraq has shipped more crude oil abroad so far this month, tanker-tracking data compiled by Bloomberg showed, even though OPEC’s second-largest producer has promised time and again in recent months that it is committed to complying with the OPEC+ production cuts.
read more... 18/09/2020