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LNG
Papua LNG to Advance Despite PNG Halting Talks
Papua LNG project is expected to advance with certain modifications following the halt in negotiations between the JV partners and the PNG government over P’ny…
Oil & Gas Trade
PNG Government Walks Away from Gas Talks with Exxon
According to Reuters, the government of Papua New Guinea (PNG) has ended talks with Exxon Mobil Corp. regarding a key gas project, putting plans to double gas e…
U.S. Agriculture Dept. Creating Incentive Program to Boost Ethanol & Biodiesel Sales
The U.S. Department of Agriculture (USDA) is seeking input from biofuel stakeholders as it works to create the Higher Blends Infrastructure Incentive Program (H…
Oil & Gas Trade
OPEC and Ally Russia to Discuss Oil Price Fall After Coronavirus Epidemic
OPEC members and their ally Russia will convene a technical meeting this week to analyze oil price falls since the outbreak of a coronavirus epidemic, a source …
Oil & Gas Trade
China’s Oil Demand Drops 20%
Chinese oil demand has dropped by about three million barrels a day, or 20 per cent of total consumption, as the coronavirus squeezes the economy.
Oil & Gas Trade
Kuwait and Saudi Arabia Start Work to Resume Oil Output from Khafji – Sources
Kuwait and Saudi Arabia have started preparation work to resume crude oil production from the al-Khafji oilfield jointly operated by the two countries, with ini…
Power Plant Emissions Down 47% Under the Regional Greenhouse Gas Initiative
This first-in-the-nation regional effort to lower carbon emissions from power plants is actually a cap-and-invest program. Power plants buy emission allowances …
GE Renewable Energy & ENMAX to Implement Canadas First Hybrid Electric Gas Turbine System
GE Renewable Energy and ENMAX announced that they have reached an agreement to upgrade an existing LM6000 Gas Turbine (GT) at ENMAX’s Crossfield Energy Center …
LNG
Nigeria Inks Major LNG Deals with Global Oil Giants
Nigeria has signed a major gas expansion deal, a much-needed collaboration with oil majors that Nigeria LNG said would boost its liquefied natural gas output by…
Oil & Gas Trade
South Sudan Welcomes Russian Firms To Its Oil, Gas Sector
South Sudan believes that Russian companies can help it to develop its oil, natural gas, and refining industries, the foreign minister of the small African oil …
Oil & Gas Trade
U.S. Lifts Iran Sanctions on One Unit of Chinese Shipping Giant COSCO
The U.S. Treasury said, partially reversing its punishment on the company for transporting Iranian oil after China complained about the measure in trade talks w…
Market Analysis
British Government Sued for Approving Europe’s Largest Gas-Fired Power Plant
Client Earth has the green light from a British court to sue the UK government for undermining its own planning authority's concerns about the climate crisis wh…
Oil Price
U.S. To Become Net Oil Exporter This Year: EIA
The United States will become a net oil and oil product exporter this year thanks to continued growth in production combined with slacker domestic demand, the E…
Market Analysis
Shell's Oil and Gas Reserve Life Drops for Sixth Year in a Row
The number of years of production left in Royal Dutch Shell's oil and gas reserves fell for the sixth year in a row in 2019 to below eight.
Thermal Plant
Bac Lieu approves $4b LNG-fired thermal power plant
The People’s Committee of Bac Lieu Province on Tuesday granted an investment certificate to Singapore’s Delta Offshore Energy Pte Ltd Co to develop a liquefie…
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