Australia's Woodside Petroleum is remaining tight-lipped on the impact of the Israeli cabinet's decision to allocate up to 50% of any gas field's reserves to the domestic market. "We look forward to considering the detail of the gas ...
Tags: Leviathan Deal, Gas Export
Gazprom Marketing & Trading promotes Russian involvement in LNG shipbuilding Tuesday, Jun 25, 2013 Today under the auspices of the St. Petersburg International Economic Forum, Gazprom Marketing & Trading (GM&T), on behalf of the Gazprom ...
Tags: Transportation, Service
The state-owned Japan Oil, Gas and Metals National Corporation hasdecided this week to provide guarantees of up to 75% of bank loans to new LNGprojects that are deemed to help reduce Japan's import costs for the fuel, aJogmec official said ...
Tags: Metallurgy, Mineral, Energy
Gas for day-ahead delivery on the UK's NBP trading hub fell to a near 10-month low Friday morning on a large oversupply with demand falling overnight. The within-day contract was valued at 55.00 pence/therm at 09:30 BST, down by 4.30 p/th ...
Tags: Gas, Metallurgy, Mineral, Energy
The head of the International Energy Agency warned Thursday that theshale gas revolution in North America was unlikely to be replicated elsewherein the world, and that its effect would be more likely felt through anincrease in LNG supplies ...
Thailand's PTT LNG, a subsidiary of state-owned oil and gas company PTT, is going ahead with plans to double capacity of its existing 5 million mt/year LNG import terminal despite severe under-utilization of the facility. "The government ...
Prompt gas prices on the UK's NBP trading hub fell Monday as the long system and lower demand weighed on near term contracts. Gas for same day delivery was heard changing hands around 1100 GMT at 60.30 p/th down 0.95 p/th from Friday ...
Tags: Prompt gas, gas, Metallurgy, Mineral, Energy
The Platts July Japan Korea Marker was assessed at $14.675/MMBtu Friday, gaining $0.125 from the previous Friday's $14.55/MMBtu, as buyers waded back out into the market for summer cargoes. Despite expectations that the lifting of the ...
Even with the shale revolution leading to booming US oil production, the head of the US Energy Information Administration said Wednesday he does not expect the country to become an oil exporter any time soon. Beyond the political ...
Global natural gas consumption rose 2.2% on the year in 2012 to 3.3 trillion cubic meters, but stayed below the historical average increase of 2.7%, while global LNG trade fell for the first time on record, BP said in its annual statistical ...
The newly appointed chairman of the Japan Gas Association said Thursday that the recent approval by the US Department of Energy for LNG shipments from the Freeport LNG project in Texas to countries that do not have free-trade agreements ...
Tags: DOE Export, Chemicals
Volvo Trucks has revealed a plan to commercialize dimethyl ether (DME)-powered heavy-duty commercial vehicles in North American market. As part of its plan, the company will commence limited production of DME-powered vehicles in 2015. ...
Tags: Volvo Trucks, DME-Powered Vehicles
Total E&P Indonesie expects the giant Mahakam gas block's proven reserves to fall to 2.7-3 Tcf by 2017 and plunge further to 1.3-1.6 Tcf in 2018 due to natural depletion, a company official said Thursday. "At the end of 2012, the ...
With the number of vessels using dual fuel/LNG propulsion systems growing steadily, Autronica Fire and Security is focusing on the importance of gas detection in this sector during Nor-Shipping 2013. LNG as a fuel can provide lower ...
Tags: Transportation, Service, Autronica
The development of a grassroots LNG industry in western Canada's British Columbia will be a key factor in companies finalizing plans to invest in new petrochemical ventures in neighboring Alberta, industry officials and producers said late ...
Tags: Canada, LNG Projects, Chemicals