Woodside moving slow but steady on LNG plans
Despite the lull in demand from large buyers, Australia’s Woodside is preparing for the market to rebound in the coming years.
18 February 2015
New LNG will not slow India’s coal imports
Although Indian LNG imports are expected to rise while prices are lower, they will not cut into the clear and steady increase in coal supplies – as long as the price is right.
18 February 2015Japan OKs two more reactors, but startups will be slow
While two more nuclear reactors have received the green light to start up, Japan’s energy demand appears set to decline after reaching its peak last year.
13 February 2015Changes afoot in Asia’s gas market – IP Week
Prices, demand and supply are changing in the Asian gas market, according to IP Week speakers
12 February 2015Australia needs more cash to hit emissions target
Australia’s ability to meet its goal of cutting greenhouse gas emissions by 5% by 2020 is in doubt as the government prepares to award funding under a new climate policy.
11 February 2015Total’s Elk/Antelope stake secured after court throws out challenge
The outlook for a second standalone LNG plant in Papua New Guinea looks brighter after an arbitration panel dismissed a challenge to Total’s deal to join InterOil’s promising Elk and Antelope fields.
10 February 2015New LNG to the rescue in Australia amid falling commodity prices
Slump in Aussie dollar and LNG startups offer hope after falling global oil prices
4 February 2015Troubles with India’s KG-D6 weigh on BP results
BP’s $7.2 billion investment in Indian oil and gas fields continues to weigh on the group just three and a half years after agreeing to the landmark deal.
4 February 2015Chevron focuses on Gorgon and Wheatstone amid cutbacks
Chevron is concentrating on bringing its Gorgon LNG plant online this year while scaling back on spending for pre-FID projects such as Kitimat LNG.
2 February 2015Shell reveals $15 billion capex cut on oil price drop
Shell has shed 40 projects worth a combined $15 billion from its investment plan for the next three years, shifting focus to large projects near to or past the FID stage.
29 January 2015Pakistan speeds ahead to first Qatari LNG cargo
Pakistan’s Excelerate FSRU is approaching startup and speeding ahead to receive its first LNG cargo from Qatar.
28 January 2015Shifting dynamics yet to influence Asian LNG contracts
Chevron’s LNG supply agreement with SK Group is believed to have a used traditional oil-indexed formula, despite the vastly changing oil and demand dynamics.
26 January 2015Chevron’s SK deal eases Gorgon offtake uncertainty – for now
Chevron’s new five-year supply deal with South Korea’s SK LNG Trading helps to ease long-standing uncertainty about the demand for uncontracted LNG from the large Gorgon plant in Western Australia, and the amount of revenue it could generate.
21 January 2015
India among the few set to benefit from the oil slump
India is one of the few countries that appears likely to benefit from the plummeting price of oil, which is expected to bring the cost of LNG closer in line with fixed domestic prices.
20 January 2015LNG sales talks on the horizon for PNG’s Elk-Antelope JV
Total and InterOil aim to begin talking to LNG buyers about their Papua New Guinea project later this year, as an appraisal continues and initial development work gets underway.
14 January 2015Woodside bets on Indian LNG growth with Adani deal
Australia’s Woodside Energy has taken its first step into India – a potential hub for Asia’s energy demand growth – by signing a memorandum of understanding with the conglomerate Adani Enterprises.
12 January 2015Wheatstone LNG freed from emissions rules
Western Australia will not re-impose emission regulations for Chevron’s Wheatstone LNG after the federal carbon price was revoked, the state’s environment minister tells Interfax.
8 January 2015First QCLNG shipment sets sail for Singapore
BG Group has sent its first QCLNG cargo from Australia to Singapore, marking an ‘immense achievement’ by starting liquefaction on time.
5 January 2015Industry’s reliable heavyweights waver going into 2015
The year is ending with a very different Asia Pacific market than the one the industry has been relying on for insatiable gas-hungry customers, as well as growing LNG exporters.
23 December 2014Uncertain outlook hangs over Russian gas in 2015
Sanctions and the oil price decline have turned the outlook for Russian gas dark and uncertain heading into 2015
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