LNG


All posts for LNG

Your Weekly Update: 12 - 16 August 2019

The momentum for crude prices abated in the second quarter of 2019, providing less cushion for the financial results of the world's oil companies. If split evenly, Aramco's net profits would be more than the five supermajors combined in Q219. As it led the way in adhering to the OPEC+ club's cur ...

Hui Shan


Posted 5 days agoLink > oil and gas companiesnewsweekly update +7

TODAY IN ENERGY: Australia is on track to become world’s largest LNG exporter

In the August 2019 Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts relatively flat crude oil prices for the remainder of 2019 and through 2020 and a balanced global oil market in 2019 followed by modest inventory builds in 2020 as production growth outp ...

Hui Shan


Posted 7 days agoLink > InternationalexportsImports +6

Your Weekly Update: 5 - 9 August 2019

In the August 2019 Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts relatively flat crude oil prices for the remainder of 2019 and through 2020 and a balanced global oil market in 2019 followed by modest inventory builds in 2020 as production growth outp ...

Hui Shan


Posted 13 days agoLink > Oiloil and gas newsOil and Gas Industry +7

Senior Business Development Manager (LNG)

Introduction Expatriate role based in Saudi Arabia Saudi Aramco is a fully integrated, global petroleum enterprise, and a world leader in exploration and producing, refining, distribution, marketing, and petrochemicals manufacturing. We not only look for individuals who can meet our expectat ...

Hui Shan


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Posted 14 days agoJob > Business DevelopmentManagerLNG +2

Your Weekly Update: 29 July - 2 August 2019

Barely hours before the deadline, Chevron received word from the US government that it would be allowed to continue operating in Venezuela. The lone major US oil company still in operation after ExxonMobil and ConocoPhillips made a costly flee when Hugo Chávez nationalised the oil industry, Chevr ...

Hui Shan


Posted 19 days agoLink > Oiloil and gas newsOil and Gas Industry +7

TODAY IN ENERGY: U.S. LNG exports to Europe increase amid declining demand and spot LNG prices in Asia

A warm winter in Asia and declining price differentials between European and Asian spot natural gas prices led to increased volumes of U.S. LNG exports delivered to Europe. Recent declines in price differentials between European pricing benchmarks (including National Balancing Point (NBP) in the ...

Hui Shan


Posted 22 days agoLink > pricesConsumptionDemand +9

South Africa sets gas plans in motion with new LNG import terminal

State-owned freight logistics firm, Transnet, said on Tuesday that it had signed a cost-sharing agreement with the World Bank's International Finance Corporation (IFC) to conclude a feasibility study for the development of a liquified natural gas (LNG) storage and regasification terminal at the Po ...

Aydanur Akkurt - Africa Oil & Power


Posted 24 days agoLink > South Africagasrenewables +1

Your Weekly Update: 22 - 26 July 2019

Four Asia-Pacific countries that publish crude oil imports by country of origin—China, Japan, South Korea, and Taiwan—collectively imported an average of 3.5 million b/d of crude oil from Saudi Arabia in 2018. China's, Japan's, and Taiwan's 2019 year-to-date crude oil imports from Saudi Arabia ar ...

Hui Shan


Posted 26 days agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 15 - 19 July 2019

EIA differentiates among declines in production resulting from unplanned production outages, permanent losses of production capacity, and voluntary production cutbacks for OPEC members. As an example, EIA considers Iranian production declines that result from U.S. sanctions to be unplanned produc ...

Hui Shan


Posted 1 month agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 8 - 12 July 2019

Weakening global oil demand and strong supply growth in the United States contributed to global petroleum and other liquid fuels inventory builds in the first half of 2019 and limited any sustained upward pressure on crude oil prices. EIA expects that the combination of strong growth in U.S. and ...

Hui Shan


Posted 1 month agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 1 - 5 July 2019

Here's what you need to know about the North American outlook for gas demand, supply, and price to 2030. Debottlenecking and capacity additions that are currently or soon to be in progress will lead Appalachia to take a much larger role in supply, though associated gas from the Permian Basin will ...

Hui Shan


Posted 1 month agoLink > oil and gas newsOil and Gas IndustryLNG +7

North American gas outlook to 2030

Debottlenecking and capacity additions that are currently or soon to be in progress will lead Appalachia to take a much larger role in supply, though associated gas from the Permian Basin will remain a substantial—and low-cost—supply source for much of the US Gulf Coast. However, ongoing associat ...

Hui Shan


Posted 1 month agoLink > Demandsupplygas price +8

The ‘Argentine Permian’ Starts Shipping

But not only is it the first ever LNG sale for the country, it is also the first commercial output from the Vaca Muerta shale play – one of the world's largest shale formations and a potential game changer for the hobbling Argentine economy. The US EIA goes even further, estimating that the Vaca ...

Hui Shan


Posted 1 month agoLink > ArgentinaVaca MuertaLNG +7

Your Weekly Update: 24 - 28 June 2019

EIA includes utility-scale hydropower, wind, solar, geothermal, and biomass in its definition of renewable electricity generation. According to forecasts in EIA's latest Short-Term Energy Outlook, coal will provide more electricity generation than renewables in the United States for the remaining ...

Hui Shan


Posted 1 month agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 17 - 21 June 2019

Despite crude oil production cuts, Saudi Arabian crude oil exports to some Asian countries have increasedThe U.S. Energy Information Administration (EIA) estimates that during May 2019, Saudi Arabia's crude oil production approached a four-year low, averaging an estimated 9.9 million barrels per d ...

Hui Shan


Posted 2 months agoLink > Oiloil and gas newsOil and Gas Industry +7