Daily Archives: April 12, 2016

Sanders: Ban hydraulic fracturing nationwide

Sen. Bernie Sanders (I-Vt.), seeking to become the Democratic Party’s candidate in this year’s presidential election, has called for a nationwide ban on hydraulic fracturing. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

Energy-investment rise seen in MENA region

Total energy investments over the next 5 years in the Middle East and North Africa (MENA) will reach $900 billion, according to Arab Petroleum Investments Corp. (APICORP). Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

Oil hits 2016 high above $43 on producer meeting hopes

By -Offshore Energy Today- By Alex Lawler LONDON (Reuters) – Oil rose above $43 (30 pounds) a barrel to its highest level so far in 2016 on Tuesday, supported by hopes that a meeting of oil producers will agree steps to tackle a supply glut, and by a weak U.S. dollar and further signs of…

Woodside CEO calls for ‘back to the future’ approach

By Offshore Energy Today Peter Coleman, CEO of Woodside, an Australian energy company, has called for a disciplined and staged approach to growth, in this time of the industry down cycle. Speaking at a conference in Australia, Coleman, the CEO of the company that last month decided to shelf the Browse FLNG project, acknowledged that…

Japan: price of spot LNG arriving in March drops

By LNG World News Japan’s price of spot liquefied natural gas cargoes arriving in March averaged US$6.8 per mmBtu on DES basis. The price edged down slightly from the $6.8 per mmBtu during February, Japan’s Ministry of Economy, Trade and Industry (METI) said in its latest report. This is the lowest the price has been…