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Iran-Linked Ships Drive Traffic Through Strait of Hormuz– Ship Tracking Data Shows

CDN and International News, Conventional Energy, Latest, LNG, Oil / By

(Reuters) – The majority of ships that have sailed through the Strait of Hormuz in the past day were linked to Iran, ship tracking data showed on Friday, with other vessels putting off making voyages despite a two-week ceasefire agreed this week between Tehran and Washington, according to data and shipping sources. Three tankers – …

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Trump Warns Iran on Hormuz Tolls as Energy Crunch Prompts Japan to Release More Oil

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(Reuters) – U.S. President Donald Trump warned Tehran not to charge tolls on ships crossing the Strait of Hormuz, as a mounting global energy crisis prompted Japan on Friday to announce a further emergency oil release. The Iran war has damaged Gulf energy production, stranded tanker traffic, and boosted oil prices by about 50% in …

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EQT, Glencore Commit to Buy More LNG from Commonwealth, Filing Shows

Conventional Energy, Latest, LNG, US News / By

Summary Commonwealth secures enough LNG sales to begin project financing process Glencore’s total LNG offtake rises to 3 mtpa, EQT’s to 2 mtpa, filing shows EQT’s new ​contract replaces JERA’s terminated volumes HOUSTON, April 9 (Reuters) – EQT Corp  ‌and Glencore  have each agreed to buy an additional 1 million metric tons per annum of liquefied natural …

EQT, Glencore Commit to Buy More LNG from Commonwealth, Filing Shows Read More »

Iran Supreme Leader Says Hormuz Strait’s Management Will Enter New Phase

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(Reuters) – Iran will move the management of the strategic Strait of Hormuz into a new phase, its Supreme Leader Ayatollah Mojtaba Khamenei said on Thursday in a statement read out on state TV. “Iran is not seeking war but will not forfeit its rights and considers all resistance fronts as a unified entity,” Khamenei …

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Hormuz at Near Standstill as Iran Warns Ships to Keep to its Waters

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(Reuters) – Iran’s Islamic Revolutionary Guard Corps (IRGC) warned ships to keep to a route passing through its territorial waters when crossing the Gulf’s Strait of Hormuz as traffic on Thursday remained well below 10% of normal volumes. Mitsui O.S.K. Lines, one of Japan’s big three shipping firms, is among those caught up in the …

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Iran to Let No More Than 15 Vessels a Day to Pass Strait of Hormuz, TASS Cites a Senior Iranian Source

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(Reuters) – Iran will allow no more than 15 vessels a day to pass through the Strait of Hormuz under the ceasefire agreement it agreed with the United States, Russia’s state TASS news agency quoted an unnamed senior Iranian source as saying on Thursday. The Strait, a strip of water only 34 km (21 miles) …

Iran to Let No More Than 15 Vessels a Day to Pass Strait of Hormuz, TASS Cites a Senior Iranian Source Read More »

Iran Ceasefire Eases Fears but LNG Sector Left Scarred, Industry Executive Says

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Summary LNG price surge and supply chain disruption hit poorer Asian buyers hardest, Ydreos says Reliability concerns prompt some Asian countries to reconsider LNG in energy transition plans Gulf producers’ reputations impacted, with Qatar’s supply reliability now under scrutiny (Reuters) – A Middle East ceasefire signals de-escalation, but the conflict has scarred the global ‌LNG …

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Iran War Ceasefire Pushes Energy Markets Into Twilight Zone: Bousso 

Conventional Energy, EnergyNow News and Press Releases, Latest, LNG, Natural Gas, Oil, US News / By

A ceasefire in the Iran war will deliver badly-needed relief to economies battered by the world’s worst ever energy crisis, but hopes the truce will quickly restore normal oil and gas flows from the Middle East are almost certainly misplaced. U.S. President Donald Trump on Tuesday agreed to a two-week ceasefire, conditional on Iran pausing …

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Investor Reactions to Trump Agreeing to Two-Week Ceasefire With Iran

Conventional Energy, Latest, LNG, Natural Gas, Oil, US News / By

U.S. President Donald Trump said on Tuesday that he had agreed to a two-week ceasefire with Iran, less than two hours before his deadline for Tehran to reopen the Strait of Hormuz or face widespread attacks on its civilian infrastructure. Oil dived, bonds rallied and stocks surged as the ceasefire was seen as paving the …

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Freeport LNG Seeks Approval to Demolish Obsolete Import Facilities in Texas

Conventional Energy, Latest, LNG, US News / By

By Curtis Williams Freeport LNG requests FERC approval to demolish obsolete Texas import facilities US shift from LNG importer to top exporter driven ​by shale revolution Company says removal will improve safety ‌and reduce maintenance on unused assets HOUSTON, April 7 (Reuters) – Freeport LNG has asked U.S. regulators for permission to demolish facilities in …

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