Latest news
Total strengthens US LNG business
Total has signed an agreement with Toshiba to take over its portfolio of LNG. It includes a 20-year tolling agreement for 2.2 million tpy of LNG from Freeport LNG train 3 in Texas and the corresponding gas transportation agreements on the pipelines feeding the terminal.
read more... 04/06/2019
Daily (03.06.2019): Crude oil prices hit a six-month low on Friday, amid growing global trade tensions
Crude oil prices dipped to a six-month low on Friday, due to a worsening outlook for the global trade after U.S. President Donald Trump warned that the U.S. will levy a 5% tariff on its imports from Mexico effective from June 10, until the latter stops the illegal immigration flows into the U.S. The latest tariff threats added to the ongoing bearish impact from the prolonged U.S-China trade war. Brent crude sank by 3.6% to $64.49 a barrel, while WTI futures plunged by 5.5% to $53.50 a barrel.
read more... 03/06/2019
Russia approves Lukoil’s Krasnodar power plant upgrade project
Russia -based energy firm Lukoil’s wholly owned subsidiary Lukoil-Kubanenergo has secured approval from the Russian Government to upgrade three generation units of the Krasnodar heat and power plant located in Krasnodar Region.
read more... 03/06/2019
Bulgaria buys couple of US LNG cargoes
Bulgaria is set to join the liquefied natural gas (LNG) buyers circle as it has agreed to buy a couple of cargoes from the United States.
read more... 03/06/2019
Siemens Gamesa confirms Yunlin job
Siemens Gamesa has been confirmed as turbine supplier for WPD's 640MW Yunlin offshore wind farm in Taiwan.
read more... 03/06/2019