LNG Imports To China Expected To Surge

China, already the third-largest LNG buyer worldwide after South Korea and Japan, is about to become an even bigger player in the market as the country’s demand for natural gas continues rising sharply. S&P Global Platts Analytics forecasts that China – which is increasingly replacing coal with cleaner burning gas to reduce air pollution – will… Please follow and like us:

Read More

OPEC Decides Nigeria’s Oil Output Today

The Organisation of the petroleum exporting Countries (OPEC) will today debate on whether to cap oil output from Nigeria and Libya, which have so far been excluded from supply curbs due to falling production amid unrest. Two sources with knowledge of the matter told LEADERSHIP that the 14-member OPEC will meet today to decide whether to… Please follow and like us:

Read More

Energy giants seek role in Qatar’s gas expansion

Three of the West’s biggest energy corporations are lobbying Qatar to take part in a huge expansion of its gas production, handing Doha an unintended but timely boost in the Gulf dispute. The chief executives of ExxonMobil, Royal Dutch Shell and France’s Total all met Qatar’s Emir Sheikh Tamim bin Hamad Al Thani in Doha before… Please follow and like us:

Read More

Qatar to increase gas production by 30 percent

State-run Qatar Petroleum has said it plans to increase natural gas production by 30 percent over the next several years. Saad Sherida al-Kaabi, the company’s CEO, told reporters on Tuesday that Qatar Petroleum intends to raise production from 77 million tonnes of natural gas to 100 million tonnes a year by 2024. The announcement comes after… Please follow and like us:

Read More

Petrodollar doomed as Qatar breaks ranks and sells its oil in Yuan?

The crisis in Qatar marks a major turning point in the battle against the Oil Cartels. In April of this year, a self-imposed 12-year moratorium on the development of Qatar’s share of North Field came to an end, potentially opening up a flood of Liquified Natural Gas (LNG) onto the market in the years to come.… Please follow and like us:

Read More

US to enter LNG global export market with Golden Pass

The US energy department has given its final approval to Golden Pass, a global energy company, to export domestically produced liquefied natural gas (LNG) to countries that do not have a free trade agreement with the US. Golden Pass will be able to export up to 2.21 billion cubic feet of natural gas per day to… Please follow and like us:

Read More

Iran: Trump Stance Won’t Derail Foreign Investment in Oil, Gas

Iran’s deputy minister for petroleum says the hawkish stance taken by U.S. President Donald Trump on the Iranian nuclear deal is a “passing hiccup” that should not affect foreign investment in the country’s energy sector. Amir Hossein Zamaninia made the remarks Wednesday at the CWC Iran LNG and Gas Partnerships Summit in Frankfurt, Germany. Iran has… Please follow and like us:

Read More