Asian spot prices for liquefied natural gas (LNG) rose this week after five weeks of declines, as lower prices sparked cargo purchasing interest from various buyers. The average LNG price for April…
Electrical tape on speed limit signs tricks Tesla vehicles into violations
McAfee security researchers were able to trick Tesla vehicles into breaking the law by placing electrical tape on speed limit signs, in a demonstration of another vulnerability for self-driving cars. In findings disclosed by…
QP affi liate books 3mn tpy throughput capacity in France’s LNG terminal
Under the agreement, Qatar Terminal Limited (QTL) – a subsidiary of Qatar Petroleum – will subscribe to the equivalent of almost 3mn tonnes per year (tpy) of the terminal’s throughput capacity for…
The Rich World Must Take Responsibility for Its Carbon Footprint
China and other developing economies are instinctively wary of developed-country proposals to combine domestic carbon prices with “carbon tariffs” imposed on imported goods. But such policies may be the only way for…
Gas demand in transport sector to rise 3.5% annually to 478bcm in 2050: GECF
Gas demand in the transport sector has been forecast to rise at an annual pace of 3.5% over the GECF outlook period (until 2050), much faster than in other sectors, achieving about…
Asian LNG prices fall on declining Chinese demand
* Several cargoes trade below $3 per mmBtu – sources * Four Asia-bound LNG tankers divert destination – sources * Fifteen LNG tankers floating cargoes at sea – Kpler (Updates to add…
Business must come clean quickly on climate: Carney
LONDON, Feb 14 (Reuters) – Bank of England Governor Mark Carney called on the world’s businesses to publish strategies for cutting carbon emissions and adopting cleaner power sources by November, when world leaders meet…
Landing a Blow Against Climate Change
For the last decade, bioenergy has been confined to the sidelines of climate-policy debates, owing to the environmental problems associated with its production. But recent innovations have made this option for supplying…
Libya economic experts to study oil revenue sharing, says UN
Libyan economic experts will study the distribution of crucial oil revenue as efforts continue to solve the war-ravaged OPEC member’s political crisis, the United Nations said. The decision to assign the economic…
Opec slashes oil demand forecast as virus threatens new glut
OPEC slashed forecasts for global oil demand as the coronavirus hits fuel use in China, leaving the group facing a renewed glut despite its recent production cuts. The cartel reduced projections for…