LNG exports grow at slowest pace since 2015

Global liquefied natural gas exports grew at the slowest pace since 2015, threatening to keep prices elevated until new supply comes online to meet rising demand. Annual LNG shipments are set to rise 0.4% to roughly 414 million tons this year. Delays to US projects and sanctions against Russia’s newest facility curbed new supply into the market.

Argentina plans new fuel shipments

Argentina’s government will import 10 fuel shipments to guarantee local supply of petrol and diesel after a recent demand spike and shortages, the country’s energy secretariat said. The measure aims to resolve shortages in recent days that led to long lines at service stations in the country to fill up with petrol as well as

Russian crude oil to India may end amid Western sanctions

The time has come for Indian refiners to navigate, creatively, the choppy waters of the post-honeymoon period, and for Indian policymakers to take cognisance of the broader impact on India from the spillover of the Russian crisis — after Washington’s warning to transgressors. Shipments from Russia to India have averaged over 1.8 million barrels a

First direct shipment of Australian gas arrives in Europe

The ongoing redrawing of the seaborne energy trading map in the wake of the war between Russia and Ukraine is making for some extraordinarily long journeys. Woodside Energy Group announced today it has shipped an LNG cargo direct to Europe from Australia’s North West Shelf project for the first time. The 75,000 tonne cargo was

Carbon Offset Program Unveiled By G2 Ocean For Its Customers

G2 Ocean has launched a carbon offset program for its customers enabling them to digitally offset the emissions of their shipments by choosing to fund one or multiple climate projects. The introduction of the carbon offset program is a step for G2 Ocean toward its targets of becoming a net-zero emissions company by 2050 and

Brazil exports third DDGS shipment of corn-based ethanol to Vietnam

Corn-based ethanol production increases in Brazil and so does its DDGS supply, so the first cargo of 55,000 metric tons has set sail for Vietnam. Corn ethanol production is expected to rise 31% season over last season at 4.5 billion liters, accounting for about 15% of the country’s overall total production that is dominated by