Tag: oil and gas industry

Shell Plc said that it delivered record volumes of liquefied natural gas (LNG), reaching reached 1.1 million tons to power ships in 2024.

The Gas Exporting Countries Forum (GECF) has launched the 9th edition of the Global Gas Outlook (GGO), exploring key trends on gas trade across multiple industries, including shipping. 

ING maintains a fairly comfortable outlook for tanker shipping, as demand has risen slightly, ordered capacity remains manageable, and geopolitical factors—such as sanctions and longer journeys—create inefficiencies that support charter rates.

In this week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, looks at Canada’s crude tanker exports which are up 59% year-to-date and which have just been targeted with a 10% tariff by the US together with other oil imports from Canada.

Explicit ApS, secured a multi-million EUR contract to survey methane emissions from all Norwegian assets on behalf of Equinor Energy in 2025.

President Trump highlighted the Alaska Liquefied Natural Gas (LNG) Project during his meeting with Japanese Prime Minister Shigeru Ishiba on 7 February. 

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned entities for facilitating shipments of Iranian oil.

The U.S. recently imposed sanctions on six Russian oil tankers still under construction at the Zvezda shipyard, marking a precedent of targeting vessels before they have even set sail.

Arsenio Dominguez, Secretary-General of the International Maritime Organization (IMO), presented key items on the Organization's agenda during a recent press conference.

Spanish regasification terminals more than doubled their LNG bunkering loadings in 2024 compared to the previous year.