Oil traders are gathering in London for what’s normally a week of lavish parties, dealmaking and market chatter. China’s coronavirus means this year’s events will be more subdued – and fewer in number – than usual. The talk will be about absent friends and uncertain demand.
One of the hottest trades this year across energy markets is proving one of the trickiest to profit from.
Petrobras is in a state of transformation, company officials said at a press conference in London, with an eye on selling down assets and tackling debt – in tandem with major expansion plans.
Uniper is confident that LNG supply will continue to be bountiful in the years to come, providing a secure source of supply for demand around the world, company board member Keith Martin told Energy Voice at ADIPEC.
Petronas has chartered an LNG bunkering vessel in Malaysia, under a deal with Avenir LNG.
Qatar Petroleum (QP) and Shell have agreed to a joint venture focused on global LNG bunkering. The company’s respective Wave LNG Solutions and Shell Gas & Power Developments are backing the new plan.
Finland’s NEOT has become the first company to bunker LNG from the Kairos vessel, in Sweden’s Port of Södertälje.