LogIn LogOut

Asian Energy News - page 134

 

New LNG Contract Framework to Spur 'Oil-like' Trading Model

Jun 07, 2018

Introduction of GTC contracts could spur trading, cut costs; traders say existing system inefficient and tedious. A new umbrella contract meant to streamline trading of liquefied natural gas (LNG), bogged down in red tape and wrangling over terms…

Phoenix Petroleum, CNOOC Partner for LNG Terminal

Jun 05, 2018

Philippine fuel retailer Phoenix Petroleum said it had agreed to partner with a subsidiary of state-owned China National Offshore Oil Corp (CNOOC) to explore building a receiving terminal for liquefied natural gas in the country.The Philippines…

China's LNG Trucking Capacity to Double by 2025

Jun 04, 2018

China's liquefied natural gas (LNG) trucking capacity will double to 38 million tonnes by 2025, consultancy Wood Mackenzie said in a report on Monday.The flexibility offered from delivering LNG by truck will help offset a lack of infrastructure such as pipelines…

Johan Sverdrup Drilling Platform Installed

Jun 04, 2018

The 22,000-tonne topside for the drilling platform was lifted into position in one single lift on the Johan Sverdrup field last weekend. Equinor and the Johan Sverdrup partners are the first users in the world of this ground-breaking technology…

East China LNG Terminal Records 93% Sales Increase

Jun 04, 2018

A liquefied natural gas (LNG) import terminal in east China operated by China National Offshore Oil Company, or CNOOC, recorded an increase of 93 percent in gas sales in the first five months of this year, the state oil company said on Monday…

PetroChina to Add 690 Wells at Liaohe Field

Jun 01, 2018

Top Chinese oil and gas firm PetroChina is adding new production wells at one of its main oilfields, in northeast China, aiming to build 1.06 million tonnes of new annual capacity this year, parent company CNPC said on Friday.PetroChina plans…

AGL Decision on LNG Import Terminal Expected in FY2019

Jun 01, 2018

AGL Energy Ltd, Australia's biggest power producer, expects to make a final investment decision on the country's first liquefied natural gas (LNG) import terminal in the financial year of 2019, a company official said on Friday.The A$250 million…

Offshore Oil: Tullow eyes Ghana Assets

May 31, 2018

Tullow Oil is interested in new oil blocks off Ghana's coast as part of the British explorer's plans to consolidate its operations in the West African nation, Chief Executive Paul McDade said. Tullow is leading two operations offshore Ghana…

China to take action against 'uncontrolled' hydro on Yangtze

May 30, 2018

China's has urged local governments along the Yangtze river to survey the environmental damage done by the 'uncontrolled' development of small-scale hydropower, warning that some plants could be closed, according to a government notice on Wednesday…

China Opening May Spark Iron Ore Markets

May 25, 2018

In the relatively short space of the past decade the paper iron ore market has grown from virtually nothing to exceed the physical market, but now the industry is grappling with what comes next. While the growth in iron ore futures and exchanged-cleared swaps has been impressive…

Total to get 10 pct in Russia's Arctic LNG-2 Project

May 24, 2018

French energy major Total will get a 10 percent stake in the future Arctic LNG-2 project led by Novatek, Novatek Chief Executive Leonid Mikhelson said on Thursday. The entire project has been valued at $25.5 billion, Mikhelson told reporters…

North Sea Crude-Forties Bid for First Time this Week

May 24, 2018

Buying interest for North Sea Forties crude reappeared in the trading window on Thursday for the first time this week, but bids were at a discount to the last deal levels. Oseberg stayed the cheapest benchmark grade and the one setting dated Brent's value…

China Could Meet Emissions Pledge Earlier Than Expected

May 23, 2018

China emissions could peak before 2030. China's top climate envoy on Wednesday said the country could meet its pledge to cap carbon emissions ahead of its target of around 2030, while a senior environmental official said plans for a carbon market were on track despite ministerial restructuring…

UN Seeks Traders' Help Enforcing North Korea Sanctions

May 22, 2018

A U.N. monitoring group wants to enlist the help of the world's biggest oil trading companies to enforce sanctions that cap the amount of crude and related products North Korea can import, the coordinator said.The U.N. Security Council ramped…

Russia's First Sea-borne Nuclear Power Plant Arrives in Arctic

May 21, 2018

Russia's first-floating nuclear power plant arrived in the Arctic port of Murmansk over the weekend in preparation for its maiden mission, providing electricity to an isolated Russian town across the Bering Strait from Alaska.The state company behind the plant…

Current News

Inside OPEC, Views are Growing That Oil's Rally Could be Prolonged

Inside OPEC, Views are Growing That Oil's Rally Could be Prolonged

Energean Expects First Gas from Karish Offshore Field by Q3

Energean Expects First Gas from Karish Offshore Field by Q3

Oil Prices Climb to Highest Since 2014

Oil Prices Climb to Highest Since 2014

UAE Energy Minister: World Needs to Invest $3 trln-plus in Renewables in 10 years

UAE Energy Minister: World Needs to Invest $3 trln-plus in Renewables in 10 years

Inpex to Drill for Gas Offshore Japan

Inpex to Drill for Gas Offshore Japan

PetroChina Tops Singapore's List of 2021 Bunker Fuel Suppliers

PetroChina Tops Singapore's List of 2021 Bunker Fuel Suppliers

Vietnam Firm Launches $220M Offshore Wind Farm

Vietnam Firm Launches $220M Offshore Wind Farm
photo

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com