WASHINGTON, Nov 13 (Reuters) – The U.S. Treasury Department has sent notices to ship management companies requesting information about 100 vessels it suspects of violating Western sanctions on Russian oil, according to a source who has […]
(Bloomberg) – As oil prices languish near a three-month low, forecasters are already predicting that Saudi Arabia won’t sit idle. The OPEC+ leader is likely to extend its 1 MMbpd production cut — introduced over […]
Oil and gas producers warn the EU’s draft methane regulation will be impossible to implement in its current form as legislators near completion of draft new rules to crack down on methane leaks from fossil […]
LAUNCESTON, Australia, Nov 13 (Reuters) – Rising demand for liquefied natural gas (LNG) in the top importing regions of Asia and Europe hasn’t been enough to spark an increase in spot prices, which continue to […]
China’s LNG deal-making has been gaining momentum, even amid international calls to pull back on gas development due to greenhouse gas (GHG) emissions and methane leakage problems. Chinese gas importers have increased long-term LNG contracts with both Qatar and […]
China, the world’s top importer of liquefied natural gas (LNG), is increasingly re-selling some of the super-chilled fuel to other Asian buyers as it looks to profit from price swings. Armed with a growing portfolio […]
European oil majors have asked a cross-Atlantic government task force to intervene in a dispute with Venture Global LNG Inc., warning that the US supplier “reneging” on contracts to supply liquefied natural gas threatens Europe’s […]
From cement and shipping to oil and gas and steel production, industries are examining and shifting practices to reduce emissions and transition their operations to net zero. New nuclear energy solutions are emerging as a […]
Nigeria LNG plans to conduct regular maintenance at its giant Bonny Island liquefaction plant in February or March 2024. The LNG terminal operator owned by the Nigerian National Petroleum Corporation (49 percent), Shell (25.6 percent), […]
Singapore’s Seatrium has secured LNG carrier upgrade and repair contracts from Seapeak and BP’s shipping unit. The group, previously known as Sembcorp Marine and renamed as Seatrium following itsmerger with Keppel Offshore & Marine, revealed […]
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