The sustained growth in demand is not expected to result in surging prices as forecast for LNG supply is higher until 2024.
Read More »India Petronet Agreed to Buy Extra 1 mln T Australian LNG from Exxon
Petronet will buy the LNG on delivered basis with a price equivalent to about 12.5 percent of Brent oil prices.
Read More »BP Adds More Gas to Global Markets with Projects in Australia and Trinidad
The London-based company has completed 5 of its 7 planned new projects for the year.
Read More »Austria`s OMV to Make Conclusions on New US Sanctions Against Russia
The new US sanctions are supposed to limit the financing period for sanctioned Russian banks to 14 days. and for sanctioned oil and gas sector companies to 60 days.
Read More »Qatar`s LNG Production Growth Plan. Good Market Signal
Australia is likely to emerge as the second largest LNG supplier globally in the coming years.
Read More »Tesla to Install World’s Largest Lithium-Ion Battery Storage Project
Tesla will partner with renewable energy provider Neoen and will charge from its Hornsdale Wind Farm in the state.
Read More »The Australian Discovery That Could Replace Fossil Fuels
This new catalyst efficiently produces almost pure methane from CO2.
Read More »World’s Largest Semisubmersible Platform Safely Moored in Ichthys Field
The Ichthys LNG Project incorporates some of the world’s largest and most advanced offshore facilities with a continuous operating life of 40 years.
Read More »Statoil to Drill in Great Australian Bight after Signing Deal with BP
Norwegian company will take over two exploration permits from BP. which had scrapped its own drilling plans in December.
Read More »LNG Traders Evaluate Impact of Saudi-Led Diplomatic Blockade of Qatar
More than 60% of Egypt'.s LNG imports in 2016 -- 4.61 million mt of a total 7.26 million mt -- were sourced from Qatar.
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