Natural gas prices in America’s biggest shale basin are going negative again as production surges faster than pipelines can be built to take it away. Gas for March delivery at the Waha…
Energy markets need winter, and climate change is taking it away
Even before the deadly virus struck, another menace confronted the global energy industry: the warmest winter anyone can remember. Russia’s winter was so balmy that snow was trucked into downtown Moscow for…
Audit Bureau chief meets Arabosai’s panel members
QNA /Doha HE the President of the State Audit Bureau Sheikh Bandar bin Mohamed bin Saoud al-Thani met the members of the delegations participating in the 14th meeting of the Professional and…
Norway to set new limit for Arctic oil drilling
OSLO (Reuters) – Norway may restrict oil firms’ access to offshore resources in the Arctic by moving the so-called ice edge, a line that sets a legal limit on the extent to…
China’s State LNG Buyers Mull Force Majeure Amid Virus Fight
China’s big state-owned liquefied natural gas importers are considering force majeure declarations on contracted cargo deliveries as they grapple with the impact from the novel coronavirus, according to people with knowledge of…
Qatargas achieves major milestone with North Field Bravo Living Quarters Expansion project
Qatargas has achieved a major milestone with its North Field Bravo (NFB) Living Quarters Expansion (LQX) Project as it safely and successfully completed the onshore fabrication of the living quarters’ structure locally,…
Meet the First (And Only) German City to Commit to ‘Zero Waste’
Germans are world leaders in recycling, but one city has decided more needs to be done to protect the environment. Kiel, a Baltic port known for its annual sailing regatta, last year…
Global gas prices are set to rebound
A glut of liquefied nat- ural gas that has sent global prices toward historic lows could be erased as soon as a year from now, accord- ing to Charif Souki, co-founder of…
Oil Off To Slowest Start Since 1991 With Virus Fear Spreading
Oil is off to the worst begin to a yr since 1991, tumbling 16% in January on concern that the unfold of coronavirus will curb demand for transportation fuels. Futures fell 1.1%…
Opec’s January oil output plunges on new cuts and Libyan unrest
LONDON (Reuters) – OPEC oil output plunged in January to a multi-year low as top exporter Saudi Arabia and other Gulf members overdelivered on a new production-limiting accord and Libyan supply dropped…