Japan paid nearly double for US shale over other suppliers By Aaron Sheldrick and Osamu Tsukimori TOKYO, Feb 24 (Reuters) – Japan in January paid nearly twice as much for liquefied natural gas (LNG) derived from US shale gas as it did for its cheapest imports, official trade data showed on Friday. Shale gas from the […]
Japan pays high fee for first US shale cargoes in January Read More »
LNG demand “growing very quickly”: Woodside Petroleum CEO By Chen Aizhu and Mark Tay BEIJING/SINGAPORE, Feb 23 (Reuters) – China’s soaring LNG demand is sparking industry hopes that a supply overhang causing a slump in prices will end sooner than initially anticipated. China’s imports of LNG in January rose 39.7 percent from a year earlier to 3.44
China’s soaring LNG demand to help rein in global glut Read More »
Planned Pacific NorthWest LNG could be moved to cut costs, address environmental concerns KUALA LUMPUR, Feb 13 (Reuters) – Malaysia’s state-owned oil firm Petroliam Nasional Bhd may consider relocating the proposed Pacific NorthWest LNG export terminal project, state news agency Bernama said on Monday quoting Chairman Mohamad Sidek Hassan. He said the company, better known
Petronas may consider relocating Pacific NorthWest LNG project Read More »
LNG prices fell on weak demand, steady supplies By Oleg Vukmanovic MILAN, Feb 13 (Reuters) – Asian spot prices for LNG delivery in March fell during the week ended Feb. 10 on weak demand and steady supplies despite loading disruptions caused by bad weather at some Australian ports. Companies including U.S. LNG producer Cheniere Energy and
LNG prices slide as supplies emerge from key regions Read More »
Question should be: “how best to exploit our huge shale gas resource?” By John Baldwin, Managing Director, CNG Services It has never been a better time to work as a gas man in the UK. Our great rival coal is vanquished with the last few coal fired generation plants having to close by 2025. The recent electricity capacity auctions have launched a new wave of gas
Golden age of natural gas in the United Kingdom is here Read More »
Gas demand from emerging markets in Asia-Pacific will have significant opportunities for LNG demand growth Asia-Pacific’s upstream sector holds up to US$40 billion worth of opportunities in 2017 as oil majors continue to divest mature and mid-life assets in the region, according to a research by Wood Mackenzie. BP, Chevron and other majors have divested tail-end
US$40 billion of opportunities in Asia-Pacific upstream M&A in 2017 Read More »
Trump energy policy likely to lead to increased natural gas exports By Oksana Kobzeva MOSCOW, Jan 13 (Reuters) – Russia’s Gazprom has acknowledged for the first time a threat to its dominant position in European gas market from an expected influx of liquefied natural (LNG) gas produced in the United States under Donald Trump’s administration.
Russia acknowledges threat from Trump energy policy on EU gas market Read More »
LNG prices buoyed by fresh buying, tenders MILAN, Jan 6 (Reuters) – Asian spot LNG prices were buoyed by new purchases and tenders but stayed below recent two-year highs this week as two outage-hit plants resumed output. The price of LNG for February delivery rose to $9.75 per million British thermal units (mmBtu), 25 cents above
LNG prices edge higher as returning production weighs Read More »
Exxon Papua New Guinea PNG LNG project made up of seven fields Dec 28 (Reuters) – Exxon Mobil Corp announced on Wednesday a new natural gas discovery in Papua New Guinea. ExxonMobil said it has a 42.5 per cent stake in the project, while the rest of the interest is owned by Oil Search Ltd
Exxon Papua New Guinea gas discovery announced Read More »
Opportunities in US shale gas expected to increase under Trump SEOUL, Dec 23 (Reuters) – South Korea stepped up a push on Friday to encourage its oil and gas companies to invest in US shale gas projects, amid expectations that more opportunities will arise under a Trump administration. Asia’s fourth-largest economy is the world’s second-largest
S.Korea govt backs US shale gas imports, investment Read More »
