Liquefied natural gas (LNG) prices across the globe are being described as low currently, with some sections of the media reporting that spot prices in Asia have dropped to seasonal lows as we embark on what could be a mild winter.
U.S. natural gas production had its biggest one-year increase on record in 2018, the U.S. Energy Information Administration reported Thursday.
We set out below our top predictions for the global oil and gas industry in 2020.
Australian LNG exports will rise to 81 million tonnes in 2019-20, according to the country’s new Resources and Energy Quarterly (REQ), although the value of these will decline.
Aberdeen’s energy sector has been urged to invest in Western Australia as the country’s largest producer of natural gas embarks on a mammoth £20bn project.
Vitol has signed a sale and purchase agreement (SPA) with Nigeria LNG (NLNG), for some production from Trains 1, 2 and 3.
When Indian Oil Corp. (IOC) was launched it focused on the downstream and has subsequently expanded into the upstream, while also moving into petrochemicals.
The Gas Exporting Countries Forum (GECF) has wrapped up in Malabo, bringing to a close a global discussion on the use and development of gas.
Total and South African gas facilities developer Gigajoule have signed a joint development agreement (JDA) on the import of LNG into Maputo.
Federal officials have approved permits for three new liquefied natural gas export terminals in the Rio Grande Valley and the expansion of another in Corpus Christi.
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.
The struggle to provide Africa with energy will become increasingly important, particularly in terms of balancing power with carbon emissions, a new report from the International Energy Agency (IEA) has said.
Equatorial Guinea has approved a $90-100 million gas pipeline contract with Saipem.
The US is eager to export LNG and coal to African states, US Assistant Secretary for Fossil Energy Steven Winberg told the Africa Oil Week conference.
Cyprus has issued an exploitation licence to three companies to develop the Aphrodite field, with gas to be exported to Egypt for liquefaction.
While low LNG spot prices have taken their toll, the Europe’s two major players in the sector, Total and Shell, performed strongly in the third quarter.
Delfin Midstream is moving ahead with front-end engineering and design (FEED) work on its Delfin LNG scheme.
Sempra Energy has signed a memorandum of understanding (MoU) on Mitsui & Co. potentially entering LNG projects in the US and Mexico.
Renergen has appointed a Chinese company to carry out construction of a planned small-scale liquefaction plant in South Africa.
The South African government has published its Integrated Resource Plan (IRP) with the aim of setting out the country’s future energy mix.
Brookfield Asset Management is to buy a 25% stake in Cove Point LNG for just over $2 billion in cash.
Angola’s new regulator Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG) has held talks with various producers about supporting future production from Angola LNG.
South Korea’s LNG imports in September dropped to levels last seen in 2017.
The US has set out charges against two men, Lev Parnas and Igor Fruman. The two men, who were involved in schemes for LNG imports into Ukraine, are accused of violating campaign finance laws.
Equatorial Guinea is pioneering developments in gas trading around West Africa with plans for a first regasification facility and political initiatives.