The U.S. Energy Information Administration has reduced its forecast for Henry Hub natural gas spot prices this year. In its latest Short-Term Energy Outlook released on Tuesday, the agency said Henry Hub gas prices would average $2.88 per million British thermal units in 2018 and $2.92/MMBtu in 2019
The Houston-based LNG export project developer, Tellurian, secured additional funds for detailed engineering of its proposed Driftwood LNG terminal and associated pipeline in Southwest Louisiana.
The fears of a major oil spill from Sanchi abate as around 1 pct of the condensate was found on the water surface.
A total of 180 incidents of piracy and armed robbery against ships were reported to IMB in 2017.
UK-based oil and gas company Tullow Oil has agreed terms to add six new licenses covering 28,000 sq km offshore Peru to its portfolio.
The U.S. Energy Information Administration (EIA) will be lead in the future by Linda Capuano, the ninth administrator to take responsibility in directing USA’s energy statistical and analytical agency.
Polish Oil and Gas Company (PGNiG) delivered over 1 billion cubic meters of natural gas to the Ukrainian market in the August 2016-December 2017 period.
GasLog Partners, the New York-listed spinoff of LNG shipper GasLog is looking to secure funds for future acquisitions from its parent company through shares offering.
The PSA has given a notice of order to Engie E&P Norge following an investigation of a condensate leak on the Gjøa field off Norway.
Qatar and China are engaging in negotiations regarding cooperation in the energy field as a Qatari delegation left for China.
The concept offers a new level of economic and ecological performance, and is expected to reduce CO2 emissions by more than 40 percent,
Three second-hand vessel types are expected to see a considerable increase in value over the coming year.
French bank Societe Generale has joined SEALNG, the industry coalition promoting the use of liquefied natural gas (LNG) as a marine fuel. The bank is the first financial institution to join SEALNG. “As the 0.5% global sulphur cap from January 2020 edges ever closer, the case for LNG as a marine fuel
GeoSea’s heavy-lift jack-up Innovation installed the 49th and final monopile on Vattenfall’s Horns Rev 3 offshore wind farm in the Danish North Sea just after the New Year.
