Latest news
TotalEnergies, Technip eye low-carbon LNG solutions
France's TotalEnergies and Technip Energies, the LNG arm of US oil services firm TechnipFMC, have partnered to develop low-carbon infrastructure for LNG production and offshore facilities, as part of their ambition to achieve carbon-neutrality by 2050.
read more... 26/07/2021
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Japan's power plan will rattle coal, LNG exporters, especially Australia
Japan has been largely forgotten as a source of demand for energy commodities, overshadowed by the rapid rise of China, but the country’s new electricity generation targets will shake the market up.
read more... 23/07/2021
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Peak Natural Gas Demand To Occur Around 2040
One of the world’s largest liquefied natural gas (LNG) exporters, Qatar, expects global natural gas demand to peak at some point around 2040, Bloomberg reported on Monday, quoting a bond prospectus of Qatar Petroleum it had seen.
read more... 29/06/2021
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Global gas supply in 5-10 years may not be tight given shorter construction
Global natural gas supply in the next five to ten years may not be as tight as market expected with shorter project construction cycles, which can have a significant impact on supply and demand fundamentals, participants at the 7th China LNG & Gas International Summit 2021 held over June 23-24 said.
read more... 25/06/2021
Daily (22.06.2021): British near-term gas prices rallied at multi-year record highs on Monday amid outages in Norway, weak LNG send-outs
Crude oil futures soared on Monday amid inconclusive nuclear talks between world powers and Iran - which has elected a new hardline president - allaying prospects for a swift revival of the Islamic Republic’s crude exports. Hence, Brent crude increased by 1.9% to settle at $74.90 a barrel. Meanwhile, U.S. WTI crude surged by 2.8% to end at $73.66 a barrel.
read more... 22/06/2021