Latest news

Qatar's LNG Megaprojects Are Making Markets Increasingly Competitive

Qatar Petroleum’s recently set a new record for the largest LNG export project ever. By 2026, the country will once again become the world's largest supplier of liquefied natural gas by overtaking Australia. The signing of the contract was delayed for a year due to economic uncertainty as a direct consequence of the Covid-19 pandemic. With the mega-expansion, the market could be oversupplied for years and the feasibility of other projects that are awaiting their investment decision could be in jeopardy.

read more... 23/02/2021


U.S. LNG Exports Set To Exceed Pipeline Gas Exports Next Year

Exports of liquefied natural gas (LNG) out of the United States are set to exceed America’s gross natural gas exports via pipeline on an annual basis in 2022, the U.S. Energy Information Administration (EIA) said on Thursday.

read more... 19/02/2021


Daily (26.01.2021): British gas prices tumbled on Monday amid milder weather, weaker energy complex in Europe

Crude oil prices increased on Monday to hit their highest level in a week, with investors weighing the impact of supply curbs from Iraq and Libya on the near-term outlook against coronavirus lockdowns. Iraq is pledging to curb output in January and February after pumping more than its OPEC+ quota last year, while Libyan guards halted some crude exports after a pay dispute. Hence, Brent crude rose by 47 cents, or 0.9%, to settle at $55.88 a barrel. Meanwhile, U.S. WTI crude added 50 cents, or 1%, to end at $52.77 per barrel.

read more... 26/01/2021


Ukraine 'unable' to meet demand for gas exports to Poland

Ukraine has been unable to meet robust demand for gas exports to Poland over the past several days due to existing capacity limitations, Serhiy Makohon, head of gas grid operator GTSOU, said Jan. 12.

read more... 13/01/2021


Johan Sverdrup crude loadings to hit new record

Record-high loadings of the North Sea's largest crude grade, Johan Sverdrup, will help offset a drop in exports of the region's benchmark crudes in February.

read more... 30/12/2020