Article Abstract: The Australian Financial Review Woodside Petroleum revenues hit by LNG price plungeThe Australian Financial ReviewA plunge in liquefied natural gas prices following last year’s dive in oil prices has driven Woodside Petroleum’s second-quarter revenues down 46.5 per cent, in line with market expectations. June quarter sales were $US898 million in the June quarter…
Article Abstract: Courier Mail Queensland government slashes LNG royalties revenue forecastsCourier MailQGC’s Queensland Curtis LNG facility has made 27 shipments since the start of the year and is forecasting to make 10 shipments a month from mid next year. Both the Santos GLNG and Origin Energy-backed Australia Pacific LNG plants are on track to … from…
Article Abstract: GAIL sells 2 million tonnes US LNG abroad: Chairman BC TripathiEconomic TimesNEW DELHI: State-owned gas utility GAIL India Ltd has sold overseas two million tonnes of liquefied natural gas (LNG) it had contracted from the US, its Chairman B C Tripathi said today. Out of the two million tonnes of LNG, one million…
Article Abstract: JOC.com Antwerp port plans on-dock LNG fuel stationJOC.comThe Port of Antwerp is seeking proposals for construction and operation of an on-dock liquefied natural gas fueling station to serve the small but growing market for LNG-powered vessels. Antwerp has provided truck-to-barge LNG fueling since 2012 … from LNG news – Google News Click Here…
Article Abstract: [PR Newswire] – NEW YORK, July 15, 2015 /PRNewswire/ — Notice is hereby given that Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court for the Southern District of Texas, case no. … from Yahoo! Finance: Independent Oil & Gas Industry News Click Here To Read…
Article Abstract: It’s been a tough year for international oil investors in Brazil as Petrobras has come under extreme scrutiny for allegedly paying massive bribes to secure lucrative contracts. The scandal has demolished Petrobras’ stock price and led to heads rolling across its leadership offices (figurative speaking, of course). Amazingly, the chair of the board…
Article Abstract: There’s little debate surrounding the ultimate future of the energy industry. Hint: it’s renewable. Simply put, the way of finite resources is just that – helplessly bound to end. When, and at what rate, we transition to renewable energies is much less clear, however. The current, largely unofficial, U.S. renewable electricity target is…
Article Abstract: China has long been concerned about the security of its oil supply. China was a net oil exporter in the 1990s, but as the economy took off, so did its oil consumption levels. China is now the second largest oil consumer in the world, and recently overtook the U.S. as the largest oil…
Article Abstract: Thanks to increased production of North American gas and new regulations limiting the use of coal, electric power generation in the United States now relies more on gas than on coal for the first time ever. A recent report by the research firm SNL Energy, based on information from the Energy Information Administration,…
Article Abstract: British Columbia’s Legislature is debating whether to accede to the provincial government and allow a C$36 billion deal to build a liquid natural gas (LNG) terminal on Canada’s Pacific coast that’s been touted as a key to the province’s financial well-being by proponents while condemned by critics as a sop to the energy…