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Global LNG Plays The Long Game

Last week, Spanish utility Naturgy Energy Group cancelled two LNG cargoes set to be delivered to Spain from the US Gulf Coast through Cheniere Energy. It is not that the LNG isn't required, though a mild winter in Northeast Asia did sap spot demand – it is simply that there is too much LNG sloshi ...

Hui Shan


Posted 8 months agoLink

Your Weekly Update: 24 - 28 February 2020

Wind generation has increased steadily during the past decade, in part, because the Production Tax Credit (PTC), which drove wind capacity additions, was extended. Annual hydroelectric generation has fluctuated between 250 million MWh and 320 million MWh in the past decade, reflecting a stable ca ...

Hui Shan


Posted 8 months agoLink

EIA forecasts natural gas inventories will reach record levels later this year

Forecast growth in demand for U.S. petroleum and other liquids is not driven by transportation and not supplied by refineriesThe U.S. Energy Information Administration's (EIA) February Short-Term Energy Outlook (STEO) forecasts that in 2021, U.S. consumption (as measured by product supplied) of to ...

Hui Shan


Posted 9 months agoLink > forecastsProjectionsnatural gas +4

The World’s Largest Natural Gas Discovery Since 2005

Forecast growth in demand for U.S. petroleum and other liquids is not driven by transportation and not supplied by refineriesThe U.S. Energy Information Administration's (EIA) February Short-Term Energy Outlook (STEO) forecasts that in 2021, U.S. consumption (as measured by product supplied) of to ...

Hui Shan


Posted 9 months agoLink > ADNOCLNGgas +4

EIA expects natural gas production and exports to continue increasing in most scenarios

According to projections published in the U.S. Energy Information Administration's (EIA) Annual Energy Outlook 2020 (AEO2020), total dry natural gas production in the United States will continue to increase until 2050 in most of the AEO2020 cases, primarily to support growing U.S. exports of natur ...

Hui Shan


Posted 9 months agoLink > ProductionsupplyAEO +7

Natural gas prices fall to lowest level since 2016, the lowest February prices in 20 years

Dry natural gas production in January 2020 averaged about 95.0 billion cubic feet per day (Bcf/d), according to IHS Markit data. IHS Markit also estimates that in January 2020 the United States saw the third-highest monthly U.S. natural gas production on record, down slightly from the previous tw ...

Hui Shan


Posted 9 months agoLink > supplyProductionsupply +8

Your Weekly Update: 10 -14 February 2020

For ExxonMobil, revenue and net profits were both down by 5%, with the company blaming the ‘tough environment' and depressed margins for its oil, gas, refining and chemicals businesses that will spill into 2020. Although the French company was also affected by slumping natural gas prices, along w ...

Hui Shan


Posted 9 months agoLink

Egypt, Wintershall Dea Ink Gas Exploration Deal

Egypt's Ministry of Petroleum signed a $43 million gas exploration deal with Wintershall Dea in Nile Delta on Monday. Signed between the Ministry of Petroleum, the Egyptian Natural Gas Holding Company and Wintershall Dea, the agreement targets the exploration of Nile Delta's East Damanhour explor ...

Aydanur Akkurt - Africa Oil & Power


Posted 9 months agoLink > EgyptWintershall DeaNile Delta +1

Waltersmith to Replicate Nigeria’s Modular Refinery Model in Equatorial Guinea

Equatorial Guinea's Minister of Mines and Hydrocarbons, H.E. Gabriel Mbaga Obiang Lima, recently visited Nigeria's modular refinery and expressed his willingness to replicate it in Equatorial Guinea. “Primarily, I don't put it in the local content context, I put it in the African Continental Free ...

Aydanur Akkurt - Africa Oil & Power


Posted 9 months agoLink > WaltersmithEquatorial GuineaNigeria +2

Wrapping Up The Decade - Q419 Financials Of Oil Majors

For ExxonMobil, revenue and net profits were both down by 5%, with the company blaming the ‘tough environment' and depressed margins for its oil, gas, refining and chemicals businesses that will spill into 2020. Although the French company was also affected by slumping natural gas prices, along w ...

Hui Shan


Posted 9 months agoLink > BPShellTotal +4

SHORT-TERM ENERGY OUTLOOK

For ExxonMobil, revenue and net profits were both down by 5%, with the company blaming the ‘tough environment' and depressed margins for its oil, gas, refining and chemicals businesses that will spill into 2020. Although the French company was also affected by slumping natural gas prices, along w ...

Hui Shan


Posted 9 months agoLink > STEOEIArenewables +1

Your Weekly Update: 3 - 7 February 2020

As the extent of pandemic became apparent, Wuhan was placed on virtual lockdown on 23 January; several other cities in Hubei – totalling almost 60 million people – followed suit. In China, the SARS effects on oil demand was broadly localised to one quarter – Q2 – and then also localised to one pr ...

Hui Shan


Posted 9 months agoLink

Ball Valve Archives

We manufacture ball valves of different types and material used in several industries. All the valves are based on several industrial standards, API, ASME, DIN, BS,We manufacture valves from DN150 to DN2500 Industries and Medium: LNG, Cryogenic application, Water, Air, SteamTrunnion Ball valve We ...

Valves only


Posted 9 months agoLink > Valve Manufacturer

South Sudan invites Russian companies to its oil and gas sector

South Sudan's Minister of Foreign Affairs and International Cooperation H.E. Awut Deng Acuil met with Russia's Minister of Foreign Affairs H.E. Sergey Lavrov to discuss the way in which Russia can aid South Sudan in developing its oil and refining industries. “We informed our colleagues about the ...

Aydanur Akkurt - Africa Oil & Power


Posted 9 months agoLink > oil productionSouth SudanPower Project +4
Last fetch 11/28/2020 5:31:58 AM