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Asian LNG News - page 65

 

US LNG Firms Lament Bad Timing of Tariffs, China Trade Spat

Mar 22, 2018

The Trump administration's planned steel tariffs and a potential trade battle with China could hurt U.S. liquefied natural gas companies just as a new wave of developments in the fast-growing market is gaining steam, company executives say. China is the fastest growing major buyer of LNG…

Global Carbon Emissions Hit Record High in 2017 - EIA

Mar 22, 2018

Global energy-related carbon emissions rose to a historic high of 32.5 gigatonnes last year, after three years of being flat, due to higher energy demand and the slowing of energy efficiency improvements, the International Energy Agency (IEA) said…

Exxon Assessing Earthquake Damage to New Guinea NatGas Plant

Mar 21, 2018

LNG export project knocked out by major quake in late Feb. A senior Exxon Mobil Corp executive said on Wednesday the company is still assessing damage to its natural gas processing plant in the mountains of Papua New Guinea, knocked out by a strong earthquake last month…

Exxon Mobil buys LNG to Chill Papua New Guinea Project

Mar 19, 2018

ExxonMobil Corp has bought a liquefied natural gas (LNG) cargo to keep its Papua New Guinea plant cold after a powerful earthquake triggered a production halt last month, several trade sources said on Monday. The cool-down cargo could be…

FERC Mulls Action on NY Denial for NatGas Pipeline

Mar 15, 2018

U.S. federal energy regulators gave themselves more time to decide whether to rehear their earlier order upholding New York's denial of a water permit for Williams Cos Inc's Constitution natural gas pipeline from Pennsylvania to New York. The…

S.Korea Fuel Oil Imports Soar

Mar 14, 2018

South Korea's move to shut coal-fired generators to control air pollution at the same time as nuclear reactors are going into scheduled maintenance is resulting in surging fuel oil imports, as utilities burn the dirty feedstock to meet power demand…

$3 Bln LNG-to-power Project Planned in Bay of Bengal

Mar 13, 2018

Bangladesh's Summit Power International said on Tuesday it signed a memorandum of understanding with Japan's Mitsubishi Corp and subsidiary Diamond Gas International to develop a $3 billion LNG-to-power project. Under the MoU, subsidiary Summit Corp…

World's Second Floating LNG Project Starts Production in Cameroon

Mar 12, 2018

Norwegian shipping firm Golar LNG on Monday said liquefied natural gas (LNG) production had started at its floating LNG production platform in Cameroon, the world's second working example of the nascent technology.The trading arm of Russia's Gazprom has purchased the entire 1…

China's Energy Giants Return to Asian LNG Market as Sellers

Mar 09, 2018

Falling industrial demand and mild weather have turned China's energy giants into sellers of liquefied natural gas (LNG) in Asia for the first time since last year's massive import spree.Chinese players were on the receiving end of last year's doubling of LNG prices…

Shell's Gas Production Could Dwarf Oil By 2050 -CEO

Mar 07, 2018

Royal Dutch Shell could boost the share of natural gas production to triple that of oil in order to meet self-imposed goals to halve carbon emissions by 2050, Chief Executive Ben van Beurden said on Wednesday.Speaking at the CERAWeek conference by IHS Markit in Houston…

First LNG from Cheniere US to GAIL India

Mar 06, 2018

Cheniere Energy and GAIL (India) today marked the commencement of their 20-year Sale and Purchase Agreement (SPA) to supply U.S.-sourced liquefied natural gas to India from Cheniere’s Sabine Pass liquefaction facility in Louisiana, with one of GAIL’s first shipments departing from the facility…

Oil Falls as U.S. Shale Growth Gathers Pace

Mar 05, 2018

IEA sees U.S. gaining market share from OPEC, predicts robust oil demand in next 5 years. Oil prices edged lower towards $64 per barrel on Monday on predictions of a major spike in U.S. oil output in the next five years. International benchmark Brent crude was down 8 cents…

New Gas Dispute Between Ukraine and Russia Begins

Mar 01, 2018

Russia's Gazprom refuses to restart supplies to Ukraine; Ukraine's Naftogaz demands compensation. Kiev and Moscow plunged into a new gas dispute on Thursday after Ukraine's Naftogaz demanded compensation for Gazprom's unexpected decision not to restart gas supplies…

BHP, ExxonMobil to Retain Aussie Oil & Gas Assets

Feb 23, 2018

BHP Billiton Ltd and ExxonMobil Corp's Esso Australia said on Friday they have dropped a sale process started 20 months ago for some of Australia's oldest and largest oilfields. 'BHP and Esso have reached a decision to not progress with…

LNG Market to Suffer From Oversupply Until 2021 - Vitol

Feb 21, 2018

Global prices of liquefied natural gas (LNG) will face pressure from oversupply over the next two to three years, particularly in warmer months, top energy trader Vitol said on Wednesday.New LNG production in countries such as the United…

Current News

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Petronas to Proceed with South China Sea Oil and Gas Exploration

Fugro Names Annabelle Vos Director for Middle East & India

Fugro Names Annabelle Vos Director for Middle East & India

Korea's Hanwha Raises Offer for Singapore's Dyna-Mac Takeover

Korea's Hanwha Raises Offer for Singapore's Dyna-Mac Takeover

East Timor Eyes Chinese Partners for Stalled Greater Sunrise Gas Development

East Timor Eyes Chinese Partners for Stalled Greater Sunrise Gas Development

CNOOC Kicks Off Production from Bohai Bay Field

CNOOC Kicks Off Production from Bohai Bay Field

Eni Strengthens LNG Ties with Japan

Eni Strengthens LNG Ties with Japan

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