Latest news
ONGC’s Hazira plant fire may boost India's LNG imports
A fire at state-owned ONGC's Hazira gas-processing plant in Gujarat, western India, has been extinguished and the operator is making efforts to resume normal operations soon.
read more... 25/09/2020
Middle East to become major LNG supplier as global fossil fuel demand wanes
Coronavirus pandemic and climate policies will leave a lasting effect on global energy demand, says annual report.
read more... 15/09/2020
Zeebrugge LNG marks another first
Fluxys Belgium, the operator of the Zeebrugge LNG terminal, marked a new milestone at the facility.
read more... 14/09/2020
Daily (21.08.2020): UK gas prices posted strong weekly gains due to higher LNG and U.S. gas prices
Crude oil futures lost ground on Thursday, pressured by downbeat comments from the U.S. Fed and OPEC+ on the demand outlook due to the coronavirus, while U.S. unemployment claims unexpectedly rose last week. Hence, Brent crude fell by 47 cents, or 1%, to settle at $44.90 a barrel. At the same time, U.S. WTI crude ended the session 11 cents, or 0.3%, lower at $42.82 a barrel.
read more... 21/08/2020
Daily (20.08.2020): Higher US LNG prices continue to boost UK forward gas prices
Crude oil prices lost momentum on Wednesday, as a drop in US crude inventories was outweighed by renewed worries over the second wave of the Covid-19 pandemics. Consequently, Brent crude decreased by 0.2% to $45.37 a barrel, while WTI futures edged 0.1% higher at $42.93 a barrel.
read more... 20/08/2020