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Representative image of Asia’s fuel crisis deepening as the Philippines declares an energy emergency after Strait of Hormuz shipping disruptions raised fears over regional oil supply and fuel availability.

Asia’s fuel crisis deepens: Philippines declares emergency as Strait of Hormuz shipping collapses

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Energy Industry News

New Fortress Energy secures $700m loan for second FLNG unit, advancing global LNG operations

New Fortress Energy Inc. (NASDAQ: NFE) has successfully secured a $700 million loan for the construction of its…

byPallavi Madhiraju

July 25, 2024

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