Gas Pipeline Fire Causes Blackouts In Nigeria
The incident at the Escravos Lagos Pipeline caused power cuts at several stations near the major southern city of Edo, an official statement read. “The sudden loss of generation due Continue Reading
Indonesia’s Upstream Sector in ‘Dire’ Need of Additional Investment
Indonesia’s ’embattled’ exploration and production sector is in ‘dire’ need of additional investment, according to BMI Research. Indonesia’s ‘embattled’ exploration and production sector is in ‘dire’ need of additional investment, Continue Reading
China raises snowstorm alert level
China’s national observatory Wednesday updated its alert for snow to the second-highest level, as heavy snow is expected to continue in central, northern and eastern regions Wednesday and Thursday. The Continue Reading
Asian coal prices hit late 2016 high amid huge shipping congestion
Asian benchmark thermal coal prices have pushed to their highest levels since 2016, fueled by demand in China and loading delays in Indonesia that have ramped up shipping congestion outside Continue Reading
China’s LNG prices drop as industrial users curbed, supply crunch eases
Liquefied natural gas (LNG) prices in northern China have dropped more than 40 percent from record highs reached less than two weeks ago as a supply crunch has eased and Continue Reading
U.S. Energy Department directs $30 million to small oil, gas projects
Six small U.S. oil and natural gas drilling projects will receive about $30 million in federal funding for research and development to help achieve President Donald Trump’s policy of boosting Continue Reading
Company sues Washington state for blocking coal exports to Asia
A company that planned to build a coal export terminal in the Pacific Northwest to ship western U.S. coal to Asian markets sued the state of Washington on Wednesday for Continue Reading
U.S. arctic cold draws rare tankers of heating oil
Freezing weather across the U.S East Coast has drawn a number of tankers carrying diesel and heating oil from Europe, reversing a traditional trade route. The Pacific Anna set sale Continue Reading
U.S. gasoline prices at four-year high for early January
Retail gas prices started the year at their highest level in four years, with some regional inventories at their lowest levels in seven years, a survey found. Motor club AAA reports Continue Reading
Texas oil trade group sees investment pickup in 2018
A trade group in Texas said 2018 looked good for the oil and gas business, with investments trickling down to the coastal and manufacturing sectors. Texas is the No. 1 Continue Reading