Latest news
Norway gas exports to Europe rise amid strike as other fields ramp up
European gas markets are currently well-supplied, with plenty of gas in storage. Prices are at seasonal lows due to the impact of mild winters, plentiful LNG supply and reduced energy demand during the coronavirus pandemic
read more... 07/10/2020
China’s Oil Imports Slowly Return To Normal Levels
China’s crude oil imports averaged 11.52 million barrels per day (bpd) in September, up by 3.1 percent from August, but slowly returning to historical levels and starting to ease the congestion at Chinese ports, according to data from energy analytics services provider OilX.
read more... 06/10/2020
Vietnam Approves Exxon’s $5-Billion LNG-To-Power Project
The port city of Hai Phong in Vietnam has approved a liquefied natural gas (LNG) project for power generation, expected to be developed by U.S. supermajor ExxonMobil and to cost US$5.09 billion.
read more... 05/10/2020
Long-term gas contract expiries open opportunities for new LNG players
The expiry in the coming years of long-term European gas supply contracts will provide opportunities for new players -- especially from the LNG sector -- to enter the European market, a senior official from the International Energy Agency said Sept. 29.
read more... 30/09/2020
Vietnam power sector's LNG demand set to soar
Demand for LNG from Vietnam's power sector is set to reach 8.5mn t/yr by 2030, the country's industry ministry said today.
read more... 29/09/2020