Latest news
Qatar's LNG Megaprojects Are Making Markets Increasingly Competitive
Qatar Petroleum’s recently set a new record for the largest LNG export project ever. By 2026, the country will once again become the world's largest supplier of liquefied natural gas by overtaking Australia. The signing of the contract was delayed for a year due to economic uncertainty as a direct consequence of the Covid-19 pandemic. With the mega-expansion, the market could be oversupplied for years and the feasibility of other projects that are awaiting their investment decision could be in jeopardy.
read more... 23/02/2021
Texas Storm Shut In As Much As 4 Million Bpd Of U.S. Oil Production
The severe winter storm that swept through the United States this week likely shut in between 2 million barrels per day (bpd) and 4 million bpd of the total U.S. crude oil production, IHS Markit said in an analysis.
read more... 22/02/2021
U.S. LNG Exports Set To Exceed Pipeline Gas Exports Next Year
Exports of liquefied natural gas (LNG) out of the United States are set to exceed America’s gross natural gas exports via pipeline on an annual basis in 2022, the U.S. Energy Information Administration (EIA) said on Thursday.
read more... 19/02/2021
Russia, Saudi Arabia Vow Continued Coordination In Oil Policy
Saudi Arabia and Russia would like to continue their coordination to support oil market stability, the leaders of the two most influential members of the OPEC+ production pact said during a telephone conversation this week.
read more... 18/02/2021
FID reached for Zeebrugge LNG regas capacity expansion
The company said on Monday that the decision has been made following the success of a freshly closed open season process.
read more... 16/02/2021