African Energy Chamber urges Africa to support LNG producer Angola during 2021 OPEC presidency
Angola, the southwest African oil and gas and LNG producer, is hoping for the full support of African nations during the 2021 Angolan presidency of the Organisation of Petroleum Exporting Countries (OPEC) and for resistance to growing pressure from Western lobby groups aimed at killing the oil industry globally under the guise of saving the planet.
Royal Dutch Shell duly posts huge $18Bln loss with Australian LNG export plants among impairments list
Royal Dutch Shell posted its huge pre-flagged asset impairment loss in its earnings with the Integrated Gas division, including LNG, accounting for its own share of losses with write-downs on the Australian Queensland Curtis LNG plant and the offshore Prelude FLNG hull.
Italian energy company and major LNG sector participant Eni will have $4Bln of write-downs in earnings
Eni, the Italian energy company with widespread LNG interests, said it would write off around €3.5 billion euros ($4Bln) from the value of its assets after revising down its long-term outlook for oil and gas prices.
Nigeria LNG takes final investment decision to boost output to more than 30 MTPA by 2024
Nigeria LNG has taken the final investment decision to construct the long-awaited Train 7 project and associated facilities to increase output to over 30 million tonnes per annum and with a scheduled start-up in 2024.
Nigeria LNG opens the way for progress on expansion through building of seventh Train
The countdown to the start of the expansion project for Nigeria’s liquefied natural gas plant, with the building of a seventh Train, has started after the signing of the first accord on LNG after the February re-election of President Muhammadu Buhari that ended months of indecision.
