Oil Search takes a 34% sales hit in Q1
Oil Search’s Q1 results have been hit by low oil and gas prices, with sales falling by 34% year on year, to $313.1 million, and by 9% from the previous three months.
- Natural Gas Daily ▾
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Half of Asia’s LNG could be spot-sourced by 2020
An oversupply of LNG in Asia is causing buyers to rethink how they buy the fuel and how to get the best deals.
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- Larnaca decision a mistake – Cyprus gas group head
- Chinese driller Kerui still confident in strategy
- Policy support costs in EU electricity bills up 46%
- Chinese LNG players cut prices to beat cheap imports
- Nine-year wait for Oregon LNG is too long for Leucadia
- Chevron makes deal to sell Wheatstone gas to Alinta
- Ten-year total for Dapeng LNG hits 46 mt
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- Global Gas Analytics ▾
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Oil and gas prices may go their separate ways
Oil and gas prices are diverging as a rebalancing of the market helps crude recover while LNG prices remain pressured by a supply glut.
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- Henry Hub futures bank on gas-to-power demand
- Cold snap boosts prices in European markets
- Oil and gas prices may go their separate ways
- Oil prices may hurt data transparency initiative
- Canadian gas prices weaken as demand disappoints
- Weaker demand adds to pressure on prices in Europe
- Traders cut short positions in oil and gas
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