Cheniere reports $298 mln Q2 loss
United States-based LNG exporter Cheniere Energy has reported a loss of $298.4 million for the second quarter of 2016 compared with $118.5 million for the same period last year.
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Wheatstone facing short-term challenges
Chevron has been under pressure at its Gorgon LNG development in Western Australia and is rumoured to be facing capex overruns at Wheatstone.
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- Shell declares force majeure on Nigeria LNG supplies
- Dana’s Q2 profits buoyant despite revenue drop
- Planned Oman-Iran pipeline to avoid UAE waters
- Egypt approves offshore exploration agreements
- Rosneft gas output up by nearly 7% in H1
- SOCAR oil and gas output drops in January-July
- Stroytransgaz building third section of Power of Siberia pipeline
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US oil and gas production to decline in year ahead
A decline in US oil and gas production will tighten the market this winter, but the trend could reverse towards the end of next year as rig counts are improving.
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- Henry Hub falls as market looks beyond summer
- Europe’s hubs fall after July highs, but stay above 31 p/th
- US oil and gas production to decline in year ahead
- Camisea contract renegotiation back on agenda
- Henry Hub becomes more susceptible to storage plays
- Statoil’s pre-salt deal will boost role of IOCs in Brazil
- Manzanillo – a glimmer of hope for LNG suppliers?
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