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The collapse of US oil prices into negative territory affected only physical barrels of West Texas Intermediate (WTI) crude for May delivery and was not a general oil price crash. The global benchmark North Sea Brent crude prices is largely unaffected, nor are future WTI prices.
Free ReadUS regulators have released the environmental review schedule for Sempra Energy’s Port Arthur LNG Phase II expansion in Texas as part of a project expected to be backed by Saudi Aramco, the largest oil production company. The expansion would add a total of around 13.5 million tonnes per annum of…
Sea-LNG, a global coalition led by energy and shipping companies backing the increased use of liquefied natural gas as a maritime fuel, has signed up a Port in Oman in the Arabian Peninsula aiming to be a main LNG base with its own production plant.
Free ReadSK E&S, a leading South Korean LNG operator and utility company, has sold its entire stake in a Chinese private natural gas company to improve its own finances amid the demand and prices drop in the energy industry. The energy unit of SK Group said it sold all of its…
The US Department of Energy has just published its latest liquefied natural gas export data illustrating the price differences and proportion of spot cargoes as well as other shipment details from the six liquefaction plants in full commercial operation.