Joseph
Markman
Hart Energy
Iranian Tanker to Retrieve Oil Cargo Confiscated by US This Week
The removal of oil from the Lana, formerly Pegas, prompted Iranian forces to seize two Greek tankers in the Middle East Gulf which have not yet been released.
Oil Tanker Owners Frontline and Euronav Sign Merger Deal
Transport companies Frontline and Euronav will combine after first announcing the intention to merger in April 2022.
US Authorities Make Checks on Oil Tanker Arriving from Russia
The Vitol-chartered vessel was shipping intermediate oil products including vacuum gasoil and fuel oil from Russia’s Taman port to New Orleans last week, according to a trading source and shipping data.
Tankers Bound for Freeport LNG Divert to Trinidad, Maryland
The loss of Freeport LNG has European LNG buyers and some U.S. shale producers reeling, while rivals Cheniere Energy and Sempra LNG rush to produce more LNG to offset the losses.
LNG Tanker Charter Rates Hit Record Highs as Demand Soars
The fire that knocked out the Freeport LNG gas-processing and export terminal has not affected the increase in spot rates, he said. The plant is out of operation through at least month’s end.
Iran Seizes Two Greek Tankers amid Row over US Oil Grab
Also on May 27, Iran summoned an envoy of Switzerland, which represents U.S. interests in Tehran, to protest against the Pegas oil seizure, the Iranian foreign ministry said.
War’s Scrambling of Gas Markets May Prompt Investors to Return to Energy
Europe’s rejection of Russian natural gas could translate into a boom in infrastructure to meet demand.
Germany Ramps Up Capacity for LNG Imports to Replace Russian Gas
North Sea port is designated as a hub as four FSRUs are secured.
Dicey Long-term Natural Gas Outlook Stifles LNG Investment
Uncertainty hovers over long-term natural gas demand forecasts, particularly in Europe, says Bechtel executive.
Biden’s LNG Deal: Where Do Tankers Go from Here?
An agreement to supply Europe with more LNG includes a pledge to reduce demand for oil and gas; but does it also mean a green light for Gulf Coast export terminals?