Free ReadThe US Department of Energy has just published its latest liquefied natural gas export data illustrating the drop in prices at the different plants and with China returning as the second-largest destination and two European nations, the UK and France, dropping out of the top five. US cargo prices fell…
Woodside Petroleum, the operator of the North West Shelf LNG plant in Western Australia, has emerges as the front-runner to acquire the 16.67 percent stake in the NWS facility to be sold by US major Chevron Corp. as part of its overhaul in the depressed market.
Crude oil prices rose by around 2.5 percent and North Sea Brent moved towards the $42 per barrel level while an increase in weekly US liquefied natural gas exports was accompanied by drops in US domestic natural gas consumption and pipeline exports to Mexico.
Free ReadGerman LNG Terminal, the Dutch-led joint venture developing a planned liquefied natural gas import terminal at Brunsbuettel on the Elbe River near Hamburg, expects to make an investment decision soon after binding import contracts have been finalised at the end of 2020. RWE, Germany’s largest utility and power producer and…
National Grid plc of the UK said annual operating profits from the Isle of Grain LNG import terminal in Kent, the largest in Europe, rose by 5 percent with only 30 percent capacity utilization, while its large investments in US operations were offset by regulatory setbacks.
The Coastal GasLink pipeline to deliver at least 2.1-billion cubic feet of natural gas per day to the LNG Canada export plant being built in Kitimat in British Columbia will lay its first section of pipes in the ground in July and a peak workforce of 2,500 is expected to…
Renergen, a South African helium and clean fuel developer with a planned small-scale plant for liquefied natural gas, has signed an agreement for the joint marketing and distribution of domestic LNG through the filling stations of French major Total.
Free ReadThe Saudi Arabian Oil Co., the biggest crude oil company partly responsible for swamping the globe with supplies amid a demand plunge, has taken the opportunity to boost its downstream business with an internal deal valued at $69 billion amid gas and LNG plans. Saudi Aramco’s competition with Russia on…
UK major BP has issued the 69th edition of its Statistical Review of World Energy, highlighting emerging global energy trends such as the slowing of natural gas consumption growth from the previous year, prior to the current Covid-19 pandemic and the oil price crash.
Japanese liquefied natural gas imports plunged by almost 19 percent last month and deliveries of thermal coal dropped by only half as much while US LNG deliveries to Japan rose, tripling from a year ago.