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A new era for LNG under Trump – but at what cost? | LNG

As Europe turns its back on Russian gas, the US is stepping up to meet the challenge, with Trump’s liquefied natural gas (LNG) export policies set to unlock a new era of energy dominance. This is to be driven by soaring EU demand, Trump’s promise to lift the moratorium and the US’s record-breaking LNG output growth in 2025.  Having declared an ‘energy emergency’, the newly minted US President banned offshore wind and withdrew the US from the Paris Agreement – a move he previously took during his first term in office. This shift in priorities signals a stark reversal for clean energy, which now finds itself the sacrificial lamb in Trump’s aggressive push to favour LNG. Just three days into the job, the US President lifted permits on two LNG plants in Louisiana, which “were… Read More »A new era for LNG under Trump – but at what cost? | LNG

Petrobras starts the divestment ball rolling for Brazil’s shallow water oil & gas field

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Petrobras has rolled up its sleeves on the sale of its working interest in a producing shallow water field in the Sergipe-Alagoas Basin off the coast of Brazil by embarking on the binding phase to dispose of its stake. The post Petrobras starts the divestment ball rolling for Brazil’s shallow water oil & gas field appeared first on Offshore Energy.

Gazprom’s gas reserves trump production rates with lion’s share in Arctic and Yamal Peninsula

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Russia’s energy giant Gazprom has expanded its natural gas resource base by performing geological exploration in 2024 to fortify the Russian Federation’s energy security. This enabled the company to augment its gas reserves so that they once again eclipse its production rates, with the biggest chunk stemming from the Arctic and the Yamal Peninsula. The post Gazprom’s gas reserves trump production rates with lion’s share in Arctic and Yamal Peninsula appeared first on Offshore Energy.

Lithuania’s first hydrogen-electric ship hits the water

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Lithuania’s first green hydrogen and electricity-powered ship, commissioned by the Klaipėda State Seaport Authority, has been moved from shipyard into water. The post Lithuania’s first hydrogen-electric ship hits the water appeared first on Offshore Energy.

Shore power for containerships at Port of Aarhus soon reality

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Containerships calling at the container terminal at the Port of Aarhus will soon be able to turn off their diesel generators and receive shore power. The post Shore power for containerships at Port of Aarhus soon reality appeared first on Offshore Energy.

Namibian oil prospect gets ‘well-known’ players’ attention, extending farm-out timeline

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Global Petroleum, an AIM-listed oil and gas upstream exploration company presently focused on Africa and the Mediterranean, has decided to prolong its previous timeline to secure a farm-in agreement with a potential operating partner for its petroleum exploration license (PEL) 94 in Block 2011A in the Walvis Basin, off the coast of Namibia. The post Namibian oil prospect gets ‘well-known’ players’ attention, extending farm-out timeline appeared first on Offshore Energy.