MAPUTO — Mozambique’s National Petroleum Institute expects Exxon Mobil’s (XOM.N) final investment decision on a $30 billion gas project in the north of the country in 2021, it said on... Read more
SINGAPORE — The specter of negative prices is hanging over energy markets more than a month after oil’s unforgettable crash below zero. While crude has staged a rapid recovery after a... Read more
LONDON — The natural gas glut is now so severe that prices hardly move even when Europe’s biggest supplier curbs flows to the region. Europe is choking with gas as demand slumped in li... Read more
OpeOluwani Akintayo Lagos — A Joint Venture between Shell Eastern Petroleum (Pte) Ltd and Keppel Offshore & Marine Ltd (Keppel O&M), FueLNG, has launched Singapore’s firs... Read more
Moscow — Gazprom Export, the exporting arm of Russian gas giant Gazprom on Monday said it had signed a long-term gas supply contract with Greek company Mytilineos. “The cooperation bet... Read more
News wire -- U.S. natural gas futures fell over 4% on Monday as liquefied natural gas (LNG) exports continue to drop on record low gas prices in Europe and Asia. That price decline came desp... Read more
Dubai — Qatar Petroleum (QP) said on Monday it has signed agreements with South Korea’s “Big 3” shipyards to secure more than 100 ships costing more than 70 billion Qatari riyals ($19.... Read more
Ike Amos Abuja — Nigeria lost $59.85 million to gas flaring in January 2020, as oil and gas operating in the country flared 19.95 billion standard cubic feet (SCF) of gas in the month... Read more
Moscow — Russian natural gas transit via the Yamal-Europe pipeline, which crosses Poland, has been temporary halted, but capacity auction results indicate flows will rise again in June... Read more
New York — U.S. liquefied natural gas exports are down by more than a third since governments started imposing lockdowns to stop the spread of the coronavirus. Worldwide gas prices hav... Read more
