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U.S. FERC Approves Two New LNG Export Terminals

Apr 18, 2019

The U.S. Federal Energy Regulatory Commission (FERC) on Thursday approved construction of two proposed liquefied natural gas (LNG) export terminals, Tellurian Inc's Driftwood in Louisiana and Sempra Energy's Port Arthur in Texas.Tellurian said…

Sempra Gets Okay for LNG Export in Mexico

Apr 02, 2019

San Diego utility company Sempra Energy Sempra Energy said that its subsidiary Energía Costa Azul (ECA) LNG received two authorizations from the US Department of Energy (DOE) to export US produced natural gas to Mexico and to re-export LNG to…

New Pipeline Coming Offshore Equatorial Guinea

Apr 01, 2019

Noble Energy and partners will build a pipeline linking Equatorial Guinea's offshore gas fields to an onshore liquefied natural gas (LNG) plant to boost exports, the African nation's government said on Monday.Under a deal with the government…

Oil Prices Slip

Mar 27, 2019

Oil prices edged lower on Wednesday after government data showed U.S. crude stocks unexpectedly rose last week, though disruptions to Venezuela's crude exports limited losses.Brent crude futures lost 1 cent to $67.96 a barrel at 10:48 a.m. EST (1448 GMT)…

U.S. Natural Gas Production Sets New Record

Mar 14, 2019

According to the U.S. Energy Information Agency (EIA), US natural gas production registered an increase by 10.0 billion cubic feet per day in 2018, noting an 11% rise in comparison to 2017.The development reported was the largest annual increase in production on record…

Orsted Seeks Ways to Avoid Brexit Tariffs

Mar 13, 2019

Denmark's Orsted is looking at ways to avoid potential tariffs on imports of components for its multi-billion pound British offshore wind farms in the event of a disorderly Brexit, the company's UK chief told Reuters.With only 16 days before Britain is due to leave the European Union…

Russian Share of European Gas Growing

Mar 10, 2019

With gas supplies growing at a faster rate than domestic demand, Russia can increase pipeline and liquefied natural gas (LNG) exports to Europe, said a report.Russia’s gas production has been steadily increasing since the low of 611 Bcm in 2015…

US to Overtake Saudi in Oil Exports

Mar 08, 2019

United States will soon export more oil and liquids than Saudi Arabia, thanks to the continued rise in oil production from US shale plays and the increased oil export capacity from the Gulf Coast.According to Rystad Energy, energy research and business intelligence company…

Venture Global Gets LNG Export Approval from US

Mar 05, 2019

Venture Global LNG said on Tuesday it had received approval to export liquefied natural gas (LNG) from its Louisiana facility to non-free trade agreement countries.The company said the U.S. Department of Energy's (DOE) Office of Fossil Energy…

Oil Steady, Supported by OPEC Cuts

Mar 01, 2019

Record U.S. output, exports offset some of OPEC's cuts.Oil prices were broadly steady on Friday as surging U.S. supply and concerns of a global economic slowdown were offset by falling OPEC output.International Brent crude futures were at $66…

As Traders Tussle Turkmenistan Cuts Exports

Feb 19, 2019

A clash between trading house Vitol and Azerbaijan's SOCAR over Caspian Sea oil shipments is forcing Turkmenistan to slash exports of crude due to a lack of tankers.Turkmenistan typically exports about 200,000 tonnes of oil per month via the Caspian to world markets…

Offshore Terminal Plan Slowed by U.S. Shutdown

Jan 24, 2019

The U.S. government shutdown has delayed Enterprise Products Partners LP's plan to build a major U.S. crude export terminal off Houston, blocking the pipeline operator from filing paperwork with U.S. regulators, an executive said on Wednesday…

LNG Import: China is World's No. 2 buyer in 2018

Jan 23, 2019

China's imports of liquefied natural gas (LNG) in December soared 25 percent from the same period a year earlier to a monthly record of 6.29 million tonnes, customs data showed on Wednesday.The previous record of 5.99 million tonnes was set in November…

US to Become Third Largest LNG Exporter in 2019

Jan 11, 2019

The coming year is expected to make the U.S. the third largest exporter of liquefied natural gas (LNG) in the world, creating jobs stateside while reducing emissions and providing reliable energy to countries around the world, said American Petroleum Institute (API)…

Saudi Arabia to Trim Oil Exports Further in February

Jan 09, 2019

Top oil exporter Saudi Arabia plans to lower its shipments further in February as it follows through on a global deal to cut output to prevent a build-up in supplies.Saudi Energy Minister Khalid al-Falih told a news conference in Riyadh on Wednesday that the kingdom would export 7…

Current News

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Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

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