2015-10-01 19:55:00
GAZPROM GROWS STRONGER
Price adjustments in the gas markets caused by a drop in oil quotations hadn't affected the dominant position of Asia-Pacific as a driver of growing global gas consumption. Following the expert reviews, by 2025 the region's demand for imported gas might grow 1.5 times from present 280 billion cubic meters to over 400 billion cubic meters a year.
Meanwhile, cheaper oil made the contractual prices linked to gas indexes, for instance, to Henry Hub, less appealing. Under the current conditions, oil linkage is becoming more attractive for customers, since its advantages include predictability and protection from other players' manipulations.
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2020, February, 26, 10:09:00
RUSSIA'S LNG INVESTMENT PROJECTS
Experts expect LNG production growth in Russia. By 2024, the projected export growth is up to 47,9 million tonnes. The latest news on encouraging LNG application in the country reveals that Russian shipping companies are switching to fuel with low sulphur and nitrogen content starting from 1 January 2020.
2020, February, 26, 10:08:00
SAIPEC EXIBITION, CONFERENCE 25-27 FEB 2020
WELCOME TO THE 4TH SUB SAHARAN AFRICA INTERNATIONAL PETROLEUM EXHIBITION AND CONFERENCE - OIL AND GAS AS AN ENABLER FOR ECONOMIC TRANSFORMATION IN SUB-SAHARAN AFRICA
2020, February, 26, 10:05:00
NETHERLAND'S GRONINGEN GAS DOWN ANEW
The Dutch government plans to reduce gas extraction from the Groningen gas field in 2020 from the expected 11.8 bcm to 10 bcm,
2020, February, 26, 10:00:00
GCC RENEWABLE INVESTMENT $10 TLN
The GCC nations include Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE.
The gulf region could save 354 million barrels of oil equivalent from adopting renewable energy by 2030, according to a 2019 study from the Abu Dhabi-based International Renewable Energy Agency.
2020, February, 26, 09:55:00
CORONAVIRUS BRIEFLY: ARAMCO
The global impact of coronavirus will only be “short term”, according to the CEO of Saudi Aramco.
2020, February, 26, 09:50:00
SMALL NUCLEAR FOR FINLAND
VTT Technical Research Centre in Finland has today announced the launch of a project to develop a small modular reactor for district heating.
2020, February, 26, 09:45:00
CHINA'S RENEWABLE INVESTMENT $8.3 BLN
The China's state-owned company will spread a total renewable investment of CNY 58 billion (USD 8.3bn/EUR 7.6bn) between 25 new projects in 14 provinces and regions