Trucked LNG prices in southern China, including Guangdong and Fujian provinces, have surged to around Yuan 6,000/mt ($527.66/mt) in the last couple of weeks, a record high for the summer Continue Reading
India’s economy is growing at a record pace but still digging out from one of the deepest recessions to hit any major economy during the pandemic. The country’s gross domestic Continue Reading
Residents in southern Louisiana braced for weeks without electrical power and disruption to their water systems in the wake of Hurricane Ida, one of the most powerful storms ever to Continue Reading
The damage to Louisiana’s power grid from Hurricane Ida is so extensive that the U.S. Coast Guard has joined the task of assessing the wreckage, a departure from its maritime Continue Reading
The Biden administration on Tuesday unveiled more than 16,500 acres (6,700 hectares) it plans to auction to oil and gas drillers early next year as it seeks to comply with Continue Reading
The advance of electric vehicles is set to raise electricity demand as consumers will hook more and more EVs to the power grids to charge them. Energy generation and generation Continue Reading
U.S. consumer confidence dropped in August to a six-month low, suggesting concerns over the delta variant and elevated prices are weighing on Americans’ views of the economy now and in Continue Reading
The American Petroleum Institute (API) on Tuesday reported a large draw in crude oil inventories of 4.045 million barrels for the week ending August 27, bringing the total 2021 crude Continue Reading
It’s the end of summer, and millions of Americans are about to pay the highest gas prices since 2014 , thanks to Hurricane Ida’s blow to the oil industry in Continue Reading
Port Fourchon, America’s biggest base supporting the U.S. Gulf of Mexico offshore oil industry, appears to have largely withstood a powerful punch left by Hurricane Ida after the Category 4 Continue Reading
