Woodside flags $720 mln Kitimat LNG investment charge Australia’s Woodside Petroleum on Tuesday said its financial results will take a $720 million hit on its Kitimat LNG investment. New Fortress Energy inks long-term LNG supply deal New York City-based New Fortress Energy has signed a long-term dea
Offshore Energy Today’s most popular news of the past week.
Significant cost reductions have improved E&P cashflows and should drive increased offshore tendering activity in 2020 with pricing expected to remain competitive, according to market research provider Westwood Global Energy Group.
The coronavirus epidemic in China has triggered restrictions in the country’s public transport and air travel, both at a domestic and an international level, reducing demand for oil.
OPEC has recommended extending oil production cuts until the end of 2020 due to the negative impact of the coronavirus outbreak on global oil demand.
The world’s largest liquefied natural gas producer Qatargas has signed a new, long-term LNG sale and purchase agreement (SPA) with Shell to deliver 1 million tons per annum of LNG to Kuwait, commencing this year.
Offshore Energy Today’s most popular news of the past week.
The South Hook LNG terminal on the shores of UK’s Milford Haven waterway is scheduled to receive a new cargo from Qatar.
Wood Mackenzie has lowered its oil demand forecast for Q1 2020.
Four people reportedly died following the fire on board the supertanker Zoya 1 last week.
Italian energy conglomerate Eni has signed a memorandum of understanding with Bahrain’s Tatweer Petroleum to collaborate in the energy sector.
Deliveries to the liquefied natural gas terminals on the United Kingdom’s Milford Haven waterway are continuing with three vessels scheduled to arrive in the coming days.
The world’s largest liquefied natural gas producer Qatargas has delivered the commissioning cargo to the Mundra LNG terminal, located on the west coast of India.
Cameron LNG requests more time for project expansion Cameron LNG project has filed a request with the Federal Energy Regulatory Commission seeking a 72-month extension to place additional facilities in service. Study doubts LNG fuel’s life-cycle GHG emissions benefit Despite LNG containing less carb
