Norway’s Equinor reports earnings hit by prices fall and amid LNG and gas terminal incidents and shutdowns
Norway’s Equinor, an LNG supplier to the European Union and which has enabled some of the replacement of pipeline natural gas to Europe in the 18 months, reported a drop in second-quarter profits and revenues even as delivered volumes increased amid LNG and gas terminal incidents and shutdowns.
Leading US meteorologist group forecasts 10 hurricanes this season to disrupt LNG and oil and gas activity
One of the most respected meteorologist groups in the United States has forecast in its July update that the Atlantic hurricane season in 2022 will have more major storms than previous years and 10 hurricanes, leading to the temporary shutting of US Gulf Coast oil and gas production and LNG facilities as landfall percentages increase.
Sonatrach commissions project for Algeria’s Hassi R'mel gas hub as supplies to Spain and Italy rise
Algerian state energy company Sonatrach, one of the main suppliers of LNG and pipeline natural gas to Europe, has commissioned the Boosting III project for the Hassi R'mel gas hub in Laghouat province of central Algeria, which produces and supplies over half of the nation’s natural gas.
