Latest Stories

Höegh LNG takes steps to mitigate against market conditions

9 April 2020

Höegh LNG Holdings announced this week that it was taking steps to preserve liquidity and reduce costs in the uncertain business environment created by the coronavirus (COVID-19) pandemic.

Shell delays FID on Crux project in Australia

9 April 2020

Royal Dutch Shell announced on April 7 that alongside its joint venture partners it had agreed to postpone a final investment decision (FID) on the proposed Crux gas project offshore Australia.

PGNiG starts small-scale LNG operations in Lithuania

9 April 2020

Poland’s PGNiG has sold its first two LNG cargoes from the reloading station in Klaipeda, Lithuania, which it started using on April 1.

Total agrees to charter LNG-fuelled VLCCs

9 April 2020

France’s Total has signed an agreement to charter its first LNG-powered super-tankers, known as very large crude carriers (VLCCs).

KOGAS reportedly asks certain suppliers to defer LNG shipments

9 April 2020

Korea Gas (KOGAS), one of the world’s leading buyers of LNG, has reportedly asked some of its suppliers to defer shipments of the fuel as the coronavirus (COVID-19) pandemic continues to depress demand.

ExxonMobil delays FID on Rovuma LNG

9 April 2020

Super-major ExxonMobil has announced that it is pushing back a final investment decision on the proposed Rovuma LNG project in Mozambique.

Unprecedented challenges after a boom year

9 April 2020

The LNG market grew by 13% in 2019, according to a new report, but now faces unprecedented challenges as suppliers look ahead to the coming months.

Eskom can cope with lockdown, for now

9 April 2020

Eskom has told investors it does not need any more government cash to support current operations

Egypt abandons coal as renewables prove cheaper

9 April 2020

Egypt has abandoned its plans to build 6,600 MW of coal-fired capacity at Hamrawein

Woodside steps up pursuit of hydrogen export goals

9 April 2020

Australian oil and gas developer Woodside Petroleum has unveiled the next step in its ongoing development of a hydrogen export strategy.

ONGC seeks upstream tax relief

9 April 2020

India’s state-run Oil and Natural Gas Corp. (ONGC) has reportedly appealed to the government for tax relief as its core business comes under pressure from the oil and gas price crash.

Sino-Kazakh venture to build pipe factory

9 April 2020

China and Kazakhstan are set to begin building an oil and gas pipe factory in Almaty in the second quarter, after the project was quietly shelved two years ago.