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Shell drops out of major U.S. LNG project, Energy Transfer delays decision
-3/31/2020 3:02:26 PM
Royal Dutch Shell Plc pulled out of a major U.S. liquefied natural gas (LNG) export plant under development following the recent crash in energy prices, quickly followed by its partner, Energy Transfer LP, delaying its final decision on whether to go ahead with the project to next year.
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Fulkrum Technical Resources breaks new ground with Mozambique contract
-3/31/2020 2:57:01 PM
Fulkrum Technical Resources (FTR), a global provider of technical personnel specialising in QA/QC, inspection and vendor surveillance services to the energy industry, has announced a significant contract win in Mozambique
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Russia's Yamal LNG resumes loading operations in Norway
-3/30/2020 2:31:19 PM
Yamal LNG, controlled by Russia’s largest liquefied natural gas (LNG) producer Novatek , is resuming ship-to-ship transfers in Norway, Novatek said, after plans to shift the operations to Russia fell through due to coronavirus.
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LNG suppliers flood market with excess spot cargoes as demand shrinks
-3/30/2020 2:30:02 PM
Liquefied natural gas (LNG) suppliers are flooding the market with excess spot cargoes, generating fresh headwinds for prices, as demand dwindles globally because the coronavirus outbreak has disrupted industrial output and people’s movement.
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Laden LNG tanker heading to China from U.S., first since March 2019
-3/30/2020 2:28:28 PM
A liquefied natural gas (LNG) tanker which loaded a cargo from the United States is currently heading to China, the first shipment since March 2019.
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Russia's Gazprom says employee tested positive for coronavirus
-3/27/2020 8:36:29 PM
Russian gas giant Gazprom said one of its employees had tested positive for coronavirus after falling ill while on holiday within Russia.
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U.S. natgas futures ease with oil price slide, lower demand next week
-3/27/2020 4:04:32 PM
U.S. natural gas futures eased on Friday with a 3% decline in oil prices and on forecasts for milder weather and less heating demand next week than previously expected despite an outlook calling for cooler weather and more heating demand in two weeks.
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Qatar offers LNG cargoes after Indian buyers cancel cargoes
-3/27/2020 4:02:12 PM
Qatar Petroleum has approached several buyers in Asia and in Europe offering liquefied natural gas (LNG) cargoes in the spot market, three sources familiar with the matter told Reuters.
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LNG tankers build up around Indian ports after force majeure
-3/27/2020 3:59:32 PM
At least five fully-laden liquefied natural gas (LNG) tankers are idling offshore India, as yet unable to discharge their cargoes, after importers there declared force majeure earlier this week, according to an analyst and shipping sources.
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Woodside defers maintenance at Australian North West Shelf LNG plant
-3/27/2020 2:58:00 PM
Woodside Petroleum said on Friday it would defer major maintenance at the North West Shelf liquefied natural gas (LNG) plant in Western Australia as it was slashing spending for 2020 in half to cope with the coronavirus and sliding oil prices.
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LNG-Asian prices crash below $3/mmBtu as Indians turn away cargoes
-3/27/2020 2:54:56 PM
Asian spot liquefied natural gas (LNG) prices crashed below $3 per million British thermal units (mmbtu) reversing three weeks of gains, after Indian buyers cancelled or diverted cargoes as a lockdown caused gas demand to slump.
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LNG suppliers flood market with excess spot cargoes as demand crumbles
-3/27/2020 2:53:47 PM
Liquefied natural gas (LNG) suppliers are flooding the market with excess spot cargoes, generating fresh headwinds for prices, as demand crumbles globally due to the coronavirus pandemic that has disrupted industrial output and people’s movement.
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PetroChina to seek price talks with gas suppliers as coronavirus hits
-3/27/2020 2:50:25 PM
PetroChina , China’s top natural gas importer, will seek to renegotiate prices with global suppliers to control costs and curb losses at its gas import business.
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Malaysia's Petronas offers LNG cargo from Australian plant
-3/26/2020 4:56:52 PM
Malaysia’s Petronas has offered a liquefied natural gas (LNG) cargo for loading in May from Australia’s Gladstone plant
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Gastrade happy with gas bids for Greek offshore LNG terminal
-3/26/2020 4:52:13 PM
Gastrade said that Greek and foreign gas firms have submitted satisfactory binding bids to reserve regasification capacity at a liquefied natural gas (LNG) terminal it is building in northern Greece.
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Indian LNG importers issue force majeure notices as gas demand slumps
-3/26/2020 4:51:03 PM
Indian liquefied natural gas (LNG) importers have issued force majeure notices to suppliers as domestic gas demand and port operations are hit by a nationwide lockdown to curb the spread of coronavirus
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Australia may need LNG imports from 2024
-3/26/2020 4:49:36 PM
Australia will need to import liquefied natural gas (LNG) by 2024 for its southern states to avoid shortfalls, unless more gas fields are developed locally and pipelines are expanded
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Nacero selects Topsoe’s TIGAS technology for natural gas-to-gasoline plant
-3/26/2020 2:28:47 PM
Nacero has signed agreements with Haldor Topsoe for basic engineering and license for a planned natural-gas-to-gasoline facility in Casa Grande, Arizona, with a capacity of 35,000 barrels-per-day of finished gasoline. Pending final investment decision, Topsoe will also supply proprietary hardware, catalysts, and services.
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Poland's PGNiG has no plans to adjust gas contracts to changing demand
-3/25/2020 3:13:09 PM
Poland’s dominant gas firm, PGNiG, said it is too early to assess the impact of the coronavirus epidemic on domestic gas demand and so it does not plan to start any talks aimed at modifying its gas import contracts.
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U.S. natgas futures edge up as LNG exports rise, output slips
-3/25/2020 3:05:03 PM
U.S. natural gas futures edged up almost 2% as flows to liquefied natural gas (LNG) export terminals increased at the same time output declined.
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India's GSPC to cancel LNG tender for import of 11 cargoes
-3/25/2020 3:03:59 PM
India’s Gujarat State Petroleum Corp (GSPC) has cancelled a tender to import 11 cargoes of liquefied natural gas (LNG) for deliveries in May 2020 to March 2021
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Sempra to go ahead with Costa Azul LNG project amid virus concerns
-3/25/2020 3:02:37 PM
Sempra Energy said it will go forward with its plan to build the first phase of the Costa Azul liquefied natural gas (LNG) export plant in Mexico.
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Chevron leads another wave of massive oil-industry spending cuts
-3/24/2020 4:33:40 PM
Chevron Corp cut its capital spending budget by $4 billion, leading a wave of cost-cutting announcements across the reeling oil-and-gas industry as the coronavirus pandemic has slashed demand and triggered a dramatic slide in oil prices.
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Coronavirus, gas slump put brakes on Exxon's giant Mozambique LNG plan
-3/24/2020 2:19:51 PM
Exxon Mobil is likely to delay the greenlighting of its $30 billion liquefied natural gas (LNG) project in Mozambique as the coronavirus disrupts early works and a depressed gas market makes investors wary.
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2020 spending on new oil, gas projects could fall by 68% yr/yr
-3/23/2020 4:07:36 PM
Spending on new oil and gas projects could fall by more than two thirds this year if oil prices remain at the current levels,
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