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Trading Hub Europe GmbH, Germany’s market area manager for the nation’s natural gas system and now including deliveries to three LNG import destinations, has issued its latest report on the calculation basis for accounting charges and liquidity buffers in the German natural gas market.
Peninsula, the leading global independent marine energy supplier founded to fill a gap in the Gibraltar market for bunkering services and benefitting from the assistance of a refinery across the bay in Algeciras in Spain, has fixed its first Biofuel deal for one of the world’s largest shipping companies from…
Italian oil and gas major Eni and a key shareholder in global liquefied natural gas production projects has made a “significant’ natural gas discovery in East Kalimantan in Indonesia with the volumes likely headed for the onshore Bontang liquefaction and export plant.
Turkey, an LNG importer and with plans to increase domestic production from Black Sea fields and the main route to Europe for natural gas from Azerbaijan, has raised the prices of natural gas and power by 20 percent for industrial users amid energy secuirty concerns in the South Caucasus region…
Free ReadNew Fortress Energy, the New York-based developer of liquefied natural gas import and export projects, has confirmed it placed US-government power plants in Puerto Rico into service and confirmed the operational date for the floating LNG production facility offshore the Mexican port of Altamira in the Gulf of Mexico. “The…
European and Asian liquefied natural gas front-month prices moved higher on the week, though wholesale futures dropped substantially in the December-February peak winter season as Europe signalled full gas storage had been reached, weather forecasts were positive and spot vessel charter rates retreated.
French major TotalEnergies, a shareholder in the Angola LNG export plant, has finalized the sale for $400 million to a unit of Malaysian energy company Petronas of a stake in Block 20 in the Kwanza Basin offshore the Angolan coast.
Saudi Arabian Oil Company (Saudi Aramco), the world’s largest oil production group, has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy for $500 million and thus enter the liquefied natural gas sector initially in Australia.