Spot LNG shipping rates continue to drop

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet continued to decrease, while European prices rose this week compared to the previous week.

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BW confirms sale of steam LNG carrier

Singapore-based gas shipping giant BW confirmed that it has sold its 2005-built steam LNG carrier, LNG Oyo.

Adnoc L&S orders more LNG carriers in China

UAE’s Adnoc L&S, a unit of state-owned energy giant Adnoc, has ordered two additional liquefied natural gas (LNG) carriers from China’s Jiangnan.

Santos: GLNG to buy Meridian CSG project

Australian LNG player Santos and its GLNG joint venture partners have entered into binding agreements to purchase 100 percent of the Greater Meridian CSG project in Queensland for approximately $310 million.

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Egypt was top destination for US LNG cargoes in June

FSRU-based LNG import terminals in Egypt were the top destinations for US liquefied natural gas shipments in June this year, with Asia becoming the preferred destination for US cargoes over Europe for the first time since September 2024, according to the Department of Energy’s LNG monthly report.

Expion in oil and gas move

US-based Expion Energy, formerly known as Expion360, has acquired an oil and gas exploration opportunity in Louisiana, marking the company’s first entry into the oil and gas sector as part of a broadened operating strategy. The company is entering the oil and gas sector to capture rising demand driven by power generation needs, industrial growth, and long-term expansion of LNG markets.

Atlantic spot LNG rates dip to $20,000 per day

Atlantic spot LNG shipping rates continued to decrease this week, dropping to $20,000 per day, according to Spark Commodities.

US weekly LNG exports reach 34 shipments

US liquefied natural gas (LNG) plants sent 34 cargoes during the week ending August 19, down two cargoes from the week before, according to the Energy Information Administration.