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The Asian spot LNG curve. however. is in backwardation. meaning future prices are lower than prompt market levels.
Read More »CNOOC Spends Big on FLNG
Gazprom to Raise Investments in Iraq’s Badra Oilfield
The oilfield is now producing 85.000 barrels per day. according to the Iraqi oil minister.
Read More »Total Signs LNG Mega-Supply Deal
The deal will keep busy CMA CGM’s nine newbuild container ships. scheduled for delivery starting 2020.
Read More »Shell. PetroChina JV Paves Way toward Big Gas Development in Australia
Supplying QCLNG will help make the development more profitable. Shell said.
Read More »Statoil to Buy Total`s Stakes in 2 Norwegian Offshore Fields for $1.45bn
Total. now expects the production from the Martin Linge field to begin in the first half of 2019.
Read More »Statoil to Drill 5-6 Wells in Arctic Barents Sea in 2018
Statoil plans to drill between 25 and 30 wells in Norwegian waters in 2018.
Read More »Wintershall and LetterOne in Talks for $12B Oil. Gas Merger
Talks between Wintershall and Fridman’s DEA Group are at an advanced stage.
Read More »ADNOC`s Distribution Unit could Raise as much as $2 Billion in IPO
ADNOC Distribution is the leading fuel distributor in the UAE. with a market share of around 67 percent in the country by number of retail fuel service stations.
Read More »Saudi Aramco. SABIC to Sign MoU on $25 Billion Oil to Chemicals Complex
The two companies had agreed in June 2016 to conduct a feasibility study for the project.
Read More »Russia`s Novatek Aims to Launch Yamal LNG on Dec 8
At full capacity. the Yamal facility will be able to produce 16.5 million tonnes of liquefied natural gas a year.
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