Gas crisis plunges LNG shipping market into the hands of energy giants

LONDON/SINGAPORE (Reuters) – The skyrocketing price of liquefied natural gas (LNG) shipping has alienated dozens of small traders, concentrating business in the hands of a handful of major global energy companies and major global trading houses. This grip is not expected to ease until 2026 when more LNG begins to emerge and lower prices, raising … Read more

Storm Fiona hits the east coast of Canada; Thousands without electricity

Register now to get free unlimited access to Reuters.com Register HALIFAX, Nova Scotia (Reuters) – Powerful storm Fiona swept through eastern Canada on Saturday, bringing hurricane-force winds, downing trees and power lines and leaving hundreds of thousands of homes and businesses without power. The US National Hurricane Center (NHC) said the storm’s center, which has … Read more

At the United Nations, Micronesia denounces Japan’s plan to release Fukushima waters into the Pacific Ocean

A worker, wearing protective suits and masks, takes notes in front of radioactive water storage tanks at the Fukushima Daiichi Nuclear Power Plant of Tokyo Electric Power Corporation (TEPCO) in Okuma City, Fukushima Prefecture, Japan, February 10, 2016. REUTERS/Toro Hanai Register now to get free unlimited access to Reuters.com Register UNITED NATIONS (Reuters) – The … Read more

Hurricane Fiona slams the Turks and Caicos Islands as a Category 3 storm and heads for Bermuda

SAN JUAN, Puerto Rico (Reuters) – Hurricane Fiona hit the Turks and Caicos Islands on Tuesday, dumping torrential rain and causing flooding in the Caribbean archipelago after cutting a path of destruction through the Dominican Republic. and Puerto Rico. US officials said the storm killed four people in Puerto Rico. A fifth person was killed … Read more