EIA: International LNG prices rise amid Strait of Hormuz closure
Prices for natural gas in Europe and Asia have diverged from those in the US since the 28 February closure of the Strait of Hormuz, the US EIA has reported.
Prices for natural gas in Europe and Asia have diverged from those in the US since the 28 February closure of the Strait of Hormuz, the US EIA has reported.
Peter Davidson, CEO of the Tank Storage Association (TSA), joins us to discuss the essential role that the tank storage sector has to play in ensuring supply security and resilience, as well as in facilitating the energy transition.
Phillips 66 Limited has announced that it has completed the acquisition of the assets and associated infrastructure of Prax Lindsey Oil Refinery Ltd, UK.
Following the latest auctions for the allocation of gas storage capacity for next winter, Snam announces that storage capacity allocated allowed to achieve the target of filling Italian gas storage facilities to at least 90%.
The Crisafulli Government, Australia, is strengthening Queensland’s fuel security with a AUS$25 million investment, and streamlined approvals, to develop renewable diesel at Ampol’s Lytton refinery.
Hamburg’s Authority for Environment, Climate, Energy, and Agriculture granted MB Energy a permit to build and operate a new ammonia import terminal in Hamburg, Germany.
GasEntec has entered into contracts to deliver a jetty-based LNG regasification unit and associated onshore equipment for the Dakar LNG terminal in Senegal.
In this report, the EIA examines strategic global oil inventory levels as of December 2025, before the coordinated emergency release following the closure of the Strait of Hormuz.
Spire Inc. and I Squared Capital have announced that they have entered into an agreement in which I Squared will acquire Spire's natural gas storage assets in Wyoming and Oklahoma (Spire Storage).
A new report from Black & Veatch and Takepoint Research finds OT cybersecurity is still introduced too late in most industrial capital projects, increasing long-term risk and cost.
In its latest 'Short-Term Energy Outlook', the US Energy Information Administration (EIA) forecasts that US LNG exports will continue to increase.