Egypt to pay Shell and BG $400 mln by end of June
Egypt’s Ministry of Petroleum has agreed to pay $400 million to Shell and BG Group by the end of June, according to local media reports.
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EU LNG terminals are hardly used, data shows
Official data shows Europe’s LNG terminals are almost idle, raising questions about whether new investment is really needed.
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- US oil and gas rig count hits its lowest since 1991
- IOCs prepare for Egypt’s first bidding round of 2016
- Argentine shale pioneers weigh yield, as well as costs
- Strong exports hold up flagging revenues in SE Asia
- Nord Stream 2 not a ‘commercial project’ – Hochstein
- Nord Stream 2 looks like attempt to pressure Ukraine – US envoy
- Construction begins on small-scale Eagle LNG
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LNG exports from Trinidad and Peru losing steam
Trinidad and Peru are exploring new LNG markets as competition from Australia and the US ratchets up. However, attracting upstream investment could be a more significant challenge.
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- LNG exports from Trinidad and Peru losing steam
- Saudi market share drive intact despite change at top
- Strong demand continues to support European hub prices
- Canada’s wildfires sap regional gas prices
- Henry Hub linkage could stabilise gas-to-power
- Henry Hub awaits air conditioning boost
- European hub prices bounce back
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