SAO PAULO/RIO DE JANEIRO (Reuters) – A consortium led by France’s Engie SA submitted the highest offer for a major gas pipeline unit owned by Brazil’s Petroleo Brasileiro SA, the state-run oil…
Greater flexibility is key to LNG infrastructure growth revealed in DNV GL research
OSLO — A new report published by DNV GL has revealed that the vast majority (85%) of professionals working in the liquefied natural gas (LNG) sector believe that more investment is needed…
IEA’s climate models criticised as too fossil-fuel friendly
The world’s top energy body has come under fire from leading investors and scientists who say that its energy forecasts are not in line with the latest climate science, and could contribute…
Gas supply glut in Europe drives prices to multiyear lows
Global markets have become more connected as LNG shipments grow more flexible Utilities across Europe are enjoying a windfall, as a gas glut caused by excess liquefied natural gas shipments from Asia…
Aramco’s bond sale is part of a grand plan
It is not every day that a company asks to borrow money while at the same time explicitly stating that it has absolutely no need for it. Then again, it is not…
U.S. LNG in high demand
LONDON (Bloomberg) — U.S. gas companies at the LNG2019 conference in Shanghai this week have announced deals to sell a combined 4.5 million tons of LNG a year from proposed multi-billion dollar…
LNG exports finally taking off in Egypt – Oilprice
What a difference just a few years can make. After more than a decade of uncertainty for Egypt’s natural gas sector, leading even to importing LNG for years, Cairo is heading to…
Aramco’s Accounts Show $2 Trillion Valuation Remains a Challenge
Saudi Aramco may be the world’s most profitable company, but that likely still won’t be enough to persuade investors the energy behemoth is worth $2 trillion. New financial details, disclosed today by Moody’s Investors…
A ‘magic bullet’ to capture carbon dioxide?
CO2 is a powerful warming gas but there’s not a lot of it in the atmosphere – for every million particles of air, there are 410 of CO2. The gas is helping…
Valeura Energy chases big prize in Turkey as West seeks gas alternatives
A C$60mln fund raise last year to help develop the field was heavily backed by UK institutions. Energy security is a sensitive topic in Europe. Too much dependence on Russian imports has…