Singapore firm pens multi-year LNG deal with Venture Global

Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has secured a long-term LNG agreement with Singapore-headquartered Trafigura. The post Singapore firm pens multi-year LNG deal with Venture Global appeared first on Offshore Energy.

Escalating Gulf conflict deepens threats to Hormuz oil flows; GCC exports, global energy markets in flux, says GlobalData

Following the escalation of US‑Israel/Iran conflict that has raised the risk of disruption in the Strait of Hormuz, which handles ~15–20% of globally traded crude and major LNG flows; Jaison Davis, Economic Research Analyst at GlobalData, a leading intelligence and productivity platform, comments: “Markets are pricing in the threat: Brent and WTI spiked ~10–13%, with …

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KBRV Backs International Call For Protection Of Seafarers In The Persian Gulf

As a major maritime player, Belgium regularly has vessels operating in the Persian Gulf region. The Royal Belgian Shipowners’ Association (KBRV) is following the rapidly escalating situation in the Strait of Hormuz and the Persian Gulf with the utmost concern. The KBRV is in close and constant contact with its members and the Belgian authorities …

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