Latest news
BG Group transferred worldwide LNG, oil trading headquarters to Singapore
BG Group has transferred its headquarters for worldwide oil and liquefied natural gas (LNG) trading from the United Kingdom to Singapore in order to be nearer to clients in the emergent Asian region, as stated by the company on Monday.
read more... 07/04/2014
Myanmar Oil gas blocks to be explored by Shell, Statoil, Total and others
The most important international oil companies, such as Statoil, Conoco Phillips, Royal Dutch Shell and Total, have been awarded with the rights to perform explorations for oil and gas off Myanmar, as stated by the Ministry of Energy in the Southeast Asian country.
read more... 27/03/2014
Ukraine: LNG markets might be tightened in case of gas disruptions
Global liquefied natural gas (LNG) markets would be tightened by disruptions to Russian gas supplies via Ukraine since southern Europe should compete with Asia for LNG in order to satisfy demand, according to Wood Mackenzie consultancy on Monday.
read more... 25/03/2014
BP: world energy consumption to increase 41% by 2035
According to the BP Energy Outlook 2035, global energy consumption is likely to rise 41 per cent in the period from 2012 to 2035, a considerable decrease if compared to 55 per cent over the last 23 years and 30% over the last ten. 95% of that growth in demand is expected to come from the emerging economies as China and India, while energy consumption in the developed economies of North America, Europe and Asia is projected to register a very slow growth.
read more... 16/01/2014
EMEA to lead natural gas processing capacity by 2017
A new report presented by GlobalData, Europe, the Middle East and Africa (EMEA) are likely to build the most new natural gas-processing capacity in the coming years, enhancing the overall region’s capacity by more than 10 trillion cubic feet by 2017, followed by the Americas and Asia-Pacific region. The region, combined with Iran and Saudi Arabia, will account for 43% of new capacity worldwide over the forecast period.
read more... 06/01/2014