Global schedule reliability of liner shipping companies dropped to the lowest recorded level since 2011.
The world’s largest liquefied natural gas producer Qatargas delivered the first cargo of liquefied natural gas on a Q-Flex vessel to the ENN Zhoushan LNG receiving terminal in China.
The worldwide natural gas sector has been impacted by a “triple whammy” of coronavirus, oil price crash and LNG oversupply, the consultancy Wood Mackenzie said in a report on Wednesday. “While the collapse of LNG prices towards US production break-evens was foreseeable, the narrative for the rest of
Under Rystad Energy’s updated base case scenario of $34 per barrel in 2020 and $44 per barrel in 2021, global capital expenditure for E&P firms is expected to drop by up to $100 billion this year, about 17% versus 2019 levels.
United Kingdom’s liquefied natural gas import terminals on the Milford Haven waterway are set to receive a pair of cargoes over the coming days.
Offshore Energy Today’s most popular news of the past week.
More than a million jobs in the oilfield service industry (OFS) are likely to be cut in 2020 due to low project volumes brought upon by the Covid-19 epidemic and the ongoing oil price war, a Rystad Energy impact analysis shows, also revealing that shale services will bear most of the reductions.
The energy transition is one of the greatest challenges of our time. A large part of the energy transition takes place at sea and sustainable innovations reshape the maritime sector. Our communities, the offshore, maritime and energy industry, are front runners in this change. Navingo believes that
Together with other Navingo platforms, Offshore Energy Today is moving into a new home, which will be launched in April 2020.
Seafarers seeking help in overcoming their circumstances onboard ships exacerbated by the pandemic.
The effects of the COVID-19 virus on global demand for oil and gas, along with an ongoing price war that has sent oil prices tumbling at an unprecedented rate, are poised to wreak havoc on new project development plans for this year, Rystad Energy has said.
United Kingdom’s liquefied natural gas import terminals on the Milford Haven waterway are set to receive a pair of cargoes over the week.
Polish sole liquefied natural gas (LNG) import facility, the President Lech Kaczyński terminal in Świnoujście, has received a new cargo on Monday.
Offshore Energy Today’s most popular news of the past week.
