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Power demand on the largest US grid is poised to surge thanks to the AI boom 🇺🇸 ⚡️📈 PJM Interconnection, which manages the 13-state system stretching from Washington DC to Illinois, expects peak summer demand to jump by 38% by 2035 www.bloomberg.com/news/article...

submitted 34 days ago • 1 comment

More countries are looking to buy US oil & gas to make Trump happy 🇺🇸🛢️ 🇰🇷 South Korea's trade minister said the country will consider buying more to reduce their trade surplus with the US ⚠️ Vietnam, EU & Taiwan are considering to do the same to avoid Trump's proposed tariffs

submitted 43 days ago • 1 comment

Vietnam aims to complete its first nuclear power plant by 2030 to boost energy security 🇻🇳❤️☢️ 📝 Prime Minister Pham Minh Chinh ordered the REMARKABLY ambitious target today ⚠️ This comes after Vietnam was hit with blackouts in 2023 due to hot weather, coal power malfunctions

submitted 44 days ago • 2 comments

More LNG ships divert to Europe in search of better profits 🚢🚢 🇪🇺 At least 6 ships changed course away from Asia to Europe since last week 📈 Europe needs more LNG after losing Russian pipeline gas via Ukraine 🙅‍♂️ Asia demand is subdued as winter ends (and prices too high)

submitted 44 days ago • 0 comments

This person isn’t me! Report them if you can please bsky.app/profile/s-st...

submitted 45 days ago • 3 comments

More LNG vessels are diverting to Europe to take advantage of better prices 🚢 📈 Four diversions from Asia to Europe in the last week. Europe needs LNG to replace the lost Russian pipeline gas supply via Ukraine 📉 Asia doesn't need the LNG as demand remains subdued

submitted 46 days ago • 1 comment

Heating demand… rising #natgas

submitted 47 days ago • 1 comment

The US sanctioned two of Russia’s active LNG export plants 🇺🇸 🇷🇺 ⚠️ 📝The restrictions targeted Portovaya and Vysotsk, Russia’s smaller LNG plants 🚢 The US (the world’s biggest LNG exporter) has been focused on halting Russia’s plans to expand gas sales

submitted 48 days ago • 1 comment

China will keep tapping coal 🇨🇳❤️🪨 📈 China's top industry coal group expects output to rise to 1.5% in 2025, the ninth consecutive annual increase 🔥 Demand also seen rising 1% ⛏️ China has expanded mining capacity so that supply runs ahead of demand www.bloomberg.com/news/article...

submitted 50 days ago • 1 comment

The UK’s wind turbines have overtaken gas plants for the first time as the number one source of power 🇬🇧🌬️ www.bloomberg.com/news/article...

submitted 53 days ago • 3 comments

Japan’s shipowners plan to spend $6 billion to boost its fleet of LNG tankers through 2030 🇯🇵 🚢 💰 Top three shipowners to increase fleet 40% by end of decade 👉 This big investments will ensure a stable supply of energy and profit from the growing market

submitted 54 days ago • 1 comment

US gas traders checking the weather at end of 2024

submitted 54 days ago • 0 comments

Biden will order a ban on new offshore oil and gas drilling 🇺🇸🛢️ Unlike other executive actions that can be easily undone, Biden’s declaration is rooted in a 72-year-old law that gives the White House wide discretion to permanently protect US waters www.bloomberg.com/news/article...

submitted 55 days ago • 1 comment

Austria says other natural gas sources are compensating for the loss of Russian fuel via Ukraine 🇦🇹 👍 Gas imports via Germany and Italy are sufficient, says Austria‘s grid manager “Domestic supply to end users is currently being managed from imports, storage and production.”

submitted 56 days ago • 0 comments

END OF AN ERA: Russia's oldest gas export route to Europe halted For over five decades, Europe benefited from a (relatively) steady flow of Russian gas via pipelines in Ukraine. That deal has now expired While that won't trigger shortages in Europe, it does mark a historic shift Thread🧵

submitted 57 days ago • 2 comments

GAZPROM SAYS GAS FLOWS TO EUROPE VIA UKRAINE HAVE HALTED⚠️ 📄 The key transit deal expired without renewal 🇪🇺 Some central European countries that have relied on the flows may be forced to source more expensive gas elsewhere (like LNG) or use more fuel in storage

submitted 58 days ago • 2 comments

NOAA be like

submitted 59 days ago • 0 comments

The US strengthens its position as the world's top LNG exporter 🇺🇸🚢 ⚠️ An expansion to the Corpus Christi LNG plant in Texas just began production 📈 This comes after a new plant in Louisiana, Plaquemines, started exports last week 🏆 US LNG exports to double by 2030

submitted 60 days ago • 0 comments

US natural gas prices are rising as forecasters expect frigid weather across the country in January 📈 🥶 NOAA hiked the chances of colder-than-normal wether in its 8-14 day forecast

submitted 60 days ago • 1 comment

If you’re a guy in your early 20s, buy an LNG tanker Go into debt if you have to You can get a 24-year old tanker for $20 million Having an LNG tanker communicates status. And the LNG market is set to rapidly grow as nations shift away from coal

submitted 61 days ago • 3 comments

The US just cemented itself as the world’s top LNG exporter 🇺🇸 🚢 📈 The eighth facility, Venture Global’s Plaquemines, began exports today 🇪🇺 First shipment is on its way to Germany. European buyers are turning to US LNG to replace Russian pipeline gas

submitted 63 days ago • 3 comments

This sanctioned Russian LNG shipment traveled around the world looking for a buyer. Now it's giving up🚢 🇷🇺 A dark fleet tanker loaded gas at Arctic LNG 2 in August. It just docked at a Russian port to likely put the gas into storage 🇺🇸 Buyers dont want to break US restrictions

submitted 64 days ago • 3 comments

Merry Christmas, ya filthy animal

submitted 66 days ago • 0 comments

They don't know that the eighth US LNG facility is about to export its first shipment #Plaquemines

submitted 67 days ago • 0 comments

OECD's plan to ban foreign fossil fuel finance collapses 🌎🛢️ 📝 The EU, UK, US & others had sought the deal to limit export-credit agency finance for global fossil-fuel projects ⚠️ But weeks of negotiations couldn’t overcome concerns about energy security

submitted 67 days ago • 0 comments

Japan moves to build more natural gas power plants 🇯🇵 🏭 🤝 Jera, Toho Gas agree to jointly develop two units in Japan’s Aichi prefecture that will come online in 2029 and 2030 ⚠️ The government sees LNG/gas as a key bridge fuel in the transition to cleaner sources

submitted 67 days ago • 1 comment

Majority of Japanese favor new pro-nuclear energy strategy 🇯🇵 ♥️ ☢️ 👍 55% of people surveyed support plan to utilize nuclear power “to the fullest extent,” according to a Nikkei poll 👎 31% oppose ⚡️ Japan aims to depend on nuclear power for decades to curb fossil fuel imports

submitted 68 days ago • 2 comments

TRUMP DEMANDS PANAMA LOWER TRANSIT FEES 🇺🇸 🇵🇦 🚢 💸 He says Panama Canal charges “exorbitant prices and rates of passage” on US ships 🛢️ The canal is a key waterway for US oil & gas to Asia 📈 Some fees surged last year after a drought limited traffic www.bloomberg.com/news/article...

submitted 68 days ago • 2 comments