U.S. sanctions on Rosneft Trading SA threaten Venezuela’s ability to export oil. but pose only a limited threat to the Russian energy giant’s wider business.
Read More »Global LNG Glut Drives Cancellations at Key U.S. Shale Terminals
A buyer of liquefied natural gas has canceled two cargoes from Cheniere Energy Inc.. the biggest U.S. exporter. as a global glut pummels prices for the fuel and threatens to shut a key outlet for shale production.
Read More »LNG Market Rout Offers Glimmer of Hope
The hit to Chinese demand for LNG due to coronavirus has exacerbated the already weak market.
Read More »Shell. Subsea 7 Ink Five-Year Digital Transformation Program
Subsea 7’s Life of Field business unit. and Shell International Exploration &. Production. Inc. have entered into a collaborative technology agreement to accelerate subsea digitalization.initially for a period of five years from the fourth quarter of 2019.
Read More »Shell Agrees Supply Deal from Europe’s Largest Battery Project
The 100MW Minety project. backed by China Huaneng Group and Chinese sovereign wealth fund CNIC. is expected to be completed by the end of 2020.
Read More »Russia not to be Able to Complete Nord Stream 2 Construction on Its Own
The Nord Stream 2 project will connect Russia'.s Ust-Lug and Germany'.s Greifswald.
Read More »US has Prevented $6bn Russia-Germany Gas Pipeline
It’s going to be a very long delay. because Russia doesn’t have the technology.
Read More »Digital Tech could Make Oil Industry Attractive
Younger generations aren’t hearing the calling to an oil industry that is gearing up for a dramatic talent shortage as mature experts begin to retire.
Read More »BP’s Carbon-Neutral Pledge Puts Pressure on Exxon. Chevron
Exxon and Chevron both agree with the goals of the Paris Agreement.
Read More »Traders Consider Oil Storage at Sea as Virus Slows Demand
Three of the world’s largest oil traders are seeking to store crude on tankers at sea as the industry tries to deal with a glut that’s emerged since the outbreak of the coronavirus in China.
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