The current market conditions are not favorable for the US.
Read More »Novatek Discovers Hydrocarbons in Utrenneye Field in Siberia
The Arctic LNG 2 project is expected to utilize the 7 billion plus boe of hydrocarbons resources in the Utrenneye field.
Read More »Russia. China’s Top Gas Supplier
Demand for Russian gas supplies is increasing in China.
Read More »US Shale. Next Casualty in China Trade Dispute
LNG prices in Asia are likely to remain largely unaffected for now.
Read More »Cyprus-Egypt Pipeline Deal could Ease LNG Gas Exports to EU
Cyprus and Egypt are planning to link Aphrodite with the Egypt liquefaction plants in Idku and Damietta.
Read More »U.S. Sanctions on Iran will Disable Iraq
For Iraq. which did $12 billion in trade with Iran last year. the impact would be particularly dire.
Read More »Iran will Contribute more than 50% of Middle East’s Oil and Gas Pipeline Additions to 2022
Iran has new build capital expenditure (Capex) of around US$22.3 billion for the forecast period.
Read More »China`s 10% Tariff on US LNG. a Win for Suppliers
The tariffs undermine Trump'.s drive to use US shale oil and natural gas to turn the US into a global energy leader.
Read More »U.S. to Begin LNG Deliveries to Germany in Four Years
Qatar has expressed interest in selling LNG to Germany.
Read More »Chinese Crude Oil Output Rises for First Time in Nearly 3 Years
Most Chinese oilfields can break even with oil at $70 per barrel.
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