Latest news
Iran Planning to Build LNG Park with 3m-Tonne Capacity: Minister
Iranian Oil Minister Bijan Namdar Zanganeh said the country plans to construct an LNG park with an annual capacity to produce three million tons of liquefied natural gas.
read more... 07/10/2019
Daily (03.10.2019): UK gas futures posted important losses on Wednesday amid strong pipeline and LNG supplies
Crude oil prices extended losses on Wednesday, after data showed a build in the U.S. crude inventories. Furthermore, pessimistic economic data in the U.S. dragged down the equities market, weighing on the global oil demand. Fading geopolitical tensions in the Middle East stoked oversupply fears, adding to the market bearishness. Against that background, Brent crude dropped by 2% to $57.69 a barrel, while WTI futures settled 1.8% lower at $52.64 a barrel.
read more... 03/10/2019
Russia plans to increase LNG output to 120 - 140 mln tonnes by 2035, says Putin
In the next 15 years, Russia plans to increase annual production of liquefied natural gas (LNG) to 120-140 mln tonnes, Russian President Vladimir Putin said on Wednesday at the Russian Energy Week.
read more... 02/10/2019
Total closes acquisition of Anadarko’s shareholding at $ 3.9 billion
Total has announced the closing of the acquisition of Anadarko’s 26.5% operated interest in the Mozambique LNG project for a purchase price of $ 3.9 billion.
read more... 01/10/2019
Japan to invest $10 bln in global LNG infrastructure projects - minister
Japan and its private sector firms will invest $10 billion on liquefied natural gas (LNG) projects worldwide, the country’s industry minister said on Thursday, in a strategy to boost the global LNG market and reinforce the security of energy supply.
read more... 26/09/2019