(Bloomberg) — Liquefied natural gas traders anticipate a swift demand recovery in 2021 after a year in which the coronavirus pandemic prompted dramatic price swings. Colder weather in key importing nations, outages…
Eskom Bailout Emerging as Equity Swap by Biggest Bondholder
South Africa’s biggest pot of available cash — 1.91 trillion rand ($128 billion) of civil-servant pensions and unemployment funds managed by the Public Investment Corp. — is emerging as the key to rescuing the…
OPEC+ Treads a Narrow Path as Demand Outlook Weakens Again
Producers need to maintain supply restraint amid a sluggish recovery if they’re to shrink stockpiles The light at the end of the tunnel isn’t getting any closer for OPEC and allied oil-producing countries, as…
U.S. petroleum stocks nearing normal after wild 2020
Total stocks of crude and products, excluding oil stored in the strategic petroleum reserve, ended the year 6% above the seasonal average for the previous five years, down from a surplus of…
Nordic States Set Electric-Planes Pace After Green-Cars Push
The Nordic region’s pace-setting push into green transport is set to extend from cars to the air-travel market. Iceland this month signaled plans to move toward carbon-free domestic flights by the end…
QP strives to bolster global energy lead of Qatar: Al-Kaabi
QNA/Doha HE the Minister of State for Energy Affairs as well as president and CEO of Qatar Petroleum, Saad bin Sherida al-Kaabi, has said Qatar National Day unites Qataris and all those…
Blue hydrogen, carbon capture technologies to play key role in transition to sustainable energy future, says GECF
The Gas Exporting Countries Forum (GECF) has joined a growing global consensus that blue hydrogen production from natural gas, coupled with carbon capture or CCUS technologies will play a “significant” role in…
Oil Rises From the Ashes as the Big Coronavirus Recovery Trade
Brent crude topped $50 a barrel last week for the first time since March, a milestone for an oil market that’s been grinding its way back out of a deep slump for…
IGU stresses key role of natural gas in world’s sustainable energy future
The International Gas Union (IGU) has welcomed analysis in the International Energy Agency’s latest World Energy Outlook (WEO), demonstrating the vital economic and environmental role natural gas will play in a sustainable…
Gas is natural partner of the world in recovery: GECF
The Peninsula Doha: Natural gas embodies all the attributes required to achieve the multidimensional challenges of environmental protection, energy access, and affordability in a world stepping onto the road of recovery, the…