Australia exported a record 30.7 million tonnes of LNG to China, worth an estimated A$15.6 billion, EnergyQuest said in its latest report released today. Deliveries from Australia were up 7.3% from the previous record of 28.6 million tonnes posted in the full year ending June 2020, according to import statistics. …
Read More »China Targets some Australian LNG as Trade Dispute Widens
At least two of China’s smaller liquefied natural gas (LNG) importers have been told to avoid buying new cargoes from Australia, a further example of the impact on trade from souring ties between the two countries. The firms have received verbal orders from government officials to avoid purchasing additional LNG …
Read More »Japan Eyes Overseas Hydrogen Investments with State Funds
Officials in Japan are set to allow state-owned Jogmec to provide financial support for local companies investing in overseas plants that produce hydrogen or ammonia as part of a push to decarbonise, reported the Nikkei. This will be a departure for Japan Oil, Gas and Metals National Corp, known as …
Read More »OPEC+ Is Poised to Cool Oil Market with Extra Production
There’s a widespread view within the group that the market can absorb additional barrels, according to people familiar with the deliberations. While the usual differences are present — with Saudi Arabia cautious and Russia keen to open the taps — all sides are ready to increase production, they said, asking …
Read More »Total and Google Create Tool to ‘Map’ Solar Potential of European Homes
“Solar Mapper” aims to accelerate the deployment of solar panels for individuals, providing “an accurate and rapid estimate of the solar energy potential of their homes”. The tool will be rolled out for Europe and then worldwide. It will use artificial intelligence algorithms to provide better results than current tools, …
Read More »Iraq to Sign Memorandum with Chevron to Explore for Oil
Iraq plans to sign a memorandum of understanding with Chevron Corp. to explore for oil in the country’s southern province of Dhi Qar, according to a person familiar with the matter. The deal formalizes Chevron’s interest in exploring the eastern and western parts of Nasiriyah, the capital of Dhi Qar, …
Read More »Simec Atlantis Chief Claims Cash is Good Despite £3m Dip in Profit
Simec Atlantis Energy remains in a good financial position despite reporting more than £3 million in pre-tax losses for the first half of 2019. according to the boss of the Highland tidal firm.
Read More »North Sea Tested Marine Power Buoy Wins £1.5m Deal in Chile
The firm behind a marine powered buoy tested in the North Sea has announced a £1.5m million contract to supply the technology in Chile.
Read More »NOC Swings at Eastern Competition
Libya’s National Oil Corp. (NOC) is fighting a rearguard action to secure the company’s unity. following the establishment of a rival board of directors for the Brega Petroleum Marketing Co. (BPMC).
Read More »FERC Approves Eagle LNG
The Federal Energy Regulatory Committee (FERC) has conditionally approved a small-scale liquefaction project in Jacksonville. Florida.
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