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Asian Energy News - page 165

 

First Cove Point LNG Lifting Departs Maryland

Apr 16, 2018

The first contractual liquefied natural gas (LNG) cargo from Dominion Energy Inc's newly constructed Cove Point LNG export plant in Maryland in the United States left the facility on Monday, Thomson Reuters Eikon ship tracking data showed. The…

ExxonMobil Resumes Production in Papua New Guinea

Apr 13, 2018

ExxonMobil said that production of liquefied natural gas (LNG) has safely resumed at the PNG LNG project in Papua New Guinea following a temporary shutdown of operations after a severe earthquake occurred in the region on Feb. 26. LNG exports are expected to resume soon…

Britain: Biofuel Targets Will Reduce Diesel Reliance

Apr 13, 2018

British biofuel targets coming into force this weekend will double the use of renewable fuels in the UK transport sector in 15 years and reduce reliance on imported diesel, the government said on Friday. The new targets, which take effect on April 15…

OPEC: Oil Markets Tightening Even as U.S. Shale Booms

Apr 12, 2018

The global oil stocks surplus is close to evaporating, OPEC said on Thursday, citing healthy energy demand and its own supply cuts while revising up its forecast for production from rivals who have benefited from higher oil prices. U.S.…

Russia Ready to Consider Gas Supplies via Ukraine After 2020

Apr 11, 2018

Russian Energy Minister Alexander Novak told European Commission Vice President Maros Sefcovic that Russia was ready to consider using Ukraine as a gas transit route after 2020, the energy ministry said on Wednesday.German Chancellor Angela…

China Coal Imports to Fall This Year

Apr 10, 2018

China's coal imports are expected to fall by 8 percent this year, a senior industry official said on Tuesday, amid growing concerns that the world's top consumer of the fuel will curb arrivals from abroad to boost the domestic market. Arrivals from abroad will be 250 million tonnes…

Kinder Morgan Halts Most Work on Disputed Canada Pipeline

Apr 09, 2018

Kinder Morgan Canada on Sunday suspended most work on a C$7.4 billion ($5.8 billion) oil pipeline expansion that has become the focus of protests, a move underscoring uncertainty over major energy projects in Canada. Company Chairman Steve…

Oil Edges Up But U.S.-China Trade Tensions Weigh

Apr 09, 2018

Trade dispute between U.S./China unsettles markets as U.S. drillers add 11 rigs drilling for new oil. Oil markets stabilised on Monday after having lost around 2 percent last Friday as concerns grew over the impact on global growth from…

Rolls-Royce bags first nuclear power contract in China

Apr 07, 2018

Rolls-Royce has signed a contract to modernise rod control system equipment in 14 of CGN’s CPR1000 nuclear power units in China. It’s the first contract of its kind for Rolls-Royce in China and was signed with CGN subsidiary, Suzhou Nuclear Power Research Institute (SNPI)…

Gazprom CEO Proud of Inclusion on US Sanctions List

Apr 06, 2018

The CEO of Russia's Gazprom, Alexei Miller, said on Friday he was proud of having been included on a new U.S. sanctions list and that the company's policies were right.'Not being included in the first list I even had some doubts - maybe something is wrong (with me)…

Mexican Presidential Front-Runner Eyes Pemex Reforms

Apr 06, 2018

Andres Manuel Lopez Obrador, the leftist leading the race to win Mexico's presidency in July, will root out corruption at Pemex and also aims to slim down the state-owned oil and gas company, his pick for finance minister said on Thursday. In an interview with Reuters…

Oil Dips on Trump's Latest China Trade Talk

Apr 06, 2018

Trump threatens tariffs on $100 bln more of China trade. Oil prices fell on Friday after U.S. President Donald Trump's threat of new tariffs on China reignited fears of a trade war between the world's two biggest economies. Trump said on Thursday he had ordered U…

Russneft: No Plans to Merge with Neftisa

Apr 05, 2018

Russian oil producer Russneft said on Thursday that it had no plans to merge with Neftisa, but said the idea had been discussed many times.Russneft was responding after sources told Reuters that Russia's top state lender Sberbank opposed a…

Houthis Attack Saudi Oil Tanker

Apr 04, 2018

An attack on a Saudi tanker by Yemen's Houthis will not hit oil supplies, Saudi Arabia's energy minister said on Wednesday, after the Iran-allied group said it had targeted a warship in response to an air strike that killed civilians. The Western-backed…

BP eyes 119 LNG Cargoes Annually From Indonesia

Apr 04, 2018

Oil major BP is targeting shipping 119 cargoes of liquefied natural gas (LNG) from its Tangguh project in Indonesia's West Papua province this year, including 22 for the domestic market, a company official said on Wednesday. BP expects to…

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