By Naida Hakirevic Prevljak Sustained high prices over the past year have eroded the economic case for liquefied natural gas (LNG) and hurt LNG sales in key Asian markets, a new report released by the Institute for Energy Economics and Financial Analysis (IEEFA) shows. The post IEEFA: High LNG prices affect demand growth in Asia…
By Sanja Pekic According to the U.S. Energy Information Administration (EIA) report, weekly LNG exports have decreased by five vessels from last week, with Henry Hub prices going up. The post EIA: US LNG exports lower than last week appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News
By Nermina Kulovic BP joined its peers in posting record quarterly profits on the back of higher oil and gas prices and strong refining margins. The post BP joins its peers in posting massive profits appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News
By Nermina Kulovic Shell achieved record profits in the second quarter of the year on the back of higher oil and gas prices and refining margins. The post Huge profits for Shell due to high oil and gas prices appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News
By Nermina Kulovic Norwegian energy giant Equinor has seen a significant increase in its quarterly profit driven by high production and energy prices. The post Equinor’s profit spikes on high output and prices appeared first on Offshore Energy. Read Full Article Here For more great articles: Offshore Energy Today
By Melisa Cavcic WoodMac: As plans for renewables stall, Asia’s decarbonisation ambition does not match reality amid rising coal demand and high gas prices. The post ‘Disorderly’ energy transition looms with rising coal demand and high gas prices, says WoodMac appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World…
By Melisa Cavcic IRENA believes that renewables are crucial to breaking away from volatile fossil fuel prices and tackling energy security & climate change. The post Amid high fossil fuel prices, renewable power saves around $55 bln, says IRENA appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News
By Naida Hakirevic Prevljak Running ships entirely on green hydrogen-based fuels (e-fuels) would add less than €0.10 to the price of a pair of trainers and up to €8 for a refrigerator, a new study on the cost of decarbonising European shipping shows. The post Study: Running ships on green fuels has minimal impact on…
By Melisa Cavcic The EU has strengthened its energy cooperation with Norway through a new deal, aiming to secure its energy independence from Russia. The post With energy security and high prices in mind, EU and Norway strengthen ties with new deal appeared first on Offshore Energy. Read Full Article Here For more great articles:…
By Melisa Cavcic Westwood reveals an uptick in offshore E&P investment and rig count with the demand for OSVs resulting in more idle fleets being reactivated. The post Idle OSV fleet reactivation on the rise as high oil prices spearhead investments, Westwood says appeared first on Offshore Energy. Read Full Article Here For more great…