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Month: July 2020

Category:
  • LNG
  • Ukraine

Ukraine Opposes U.S. LNG Pricing Formula

Ukraine’s state-held gas firm Naftogaz is reportedly opposed to the pricing formula for U.S. liquefied natural gas (LNG) it could receive under a long-term contract, while there isn’t enough infrastructure Continue Reading

Posted On : 25 Jul 2020 Published By : Tom Whipple
Category:
  • Hydrogen
  • Norway

Norway’s Equinor favors blue hydrogen developments over green: CFO

Norway’s Equinor sees the development of blue hydrogen — fuel produced from natural gas in combination with carbon capture and storage — as currently more worthy of pursuing than green Continue Reading

Posted On : 25 Jul 2020 Published By : Tom Whipple
Category:
  • Norway

Coronavirus delays startup of Norway’s flagship Johan Castberg Barents Sea oil project

Norway’s Equinor expects the startup of its flagship Barents Sea oil project, Johan Castberg, to be delayed into 2023 as the coronavirus pandemic holds up work across the construction yards Continue Reading

Posted On : 25 Jul 2020 Published By : Tom Whipple
Category:
  • Japan
  • LNG
  • Russia

Russia’s Novatek ships first LNG cargo to Japan eastbound via Northern Sea Route

Russian LNG producer Novatek said July 24 it had shipped its first cargo from the Yamal LNG project to Japan eastbound via the Northern Sea Route, giving the company scope Continue Reading

Posted On : 25 Jul 2020 Published By : Tom Whipple
Category:
  • Prices

Oil Fluctuates Near $41 Amid Demand Uncertainty, European Growth

Oil swung between gains and losses as deteriorating U.S.-China relations cast doubt over the strength of the demand recovery, but European economic data showed a return to growth. U.S. crude futures Continue Reading

Posted On : 24 Jul 2020 Published By : Tom Whipple
Category:
  • Prices

Oil prices edges up on weak dollar, U.S.-China tensions weigh

Oil prices edged higher on Friday, supported by a weaker dollar, though tensions between the United States and China weighed. Brent crude LCOc1 was up 26 cents at $43.57 a Continue Reading

Posted On : 24 Jul 2020 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Fall Amid Slowdown Signals

 Oil’s afternoon attempt to hold a rally failed after a breakdown in U.S. equities added to growing negative sentiment spurred by signals of a global economic slowdown. The coronavirus pandemic Continue Reading

Posted On : 24 Jul 2020 Published By : Tom Whipple
Category:
  • Prices

Barclays: Oil Could See Correction If Fuel Demand Recovery Stalls

Oil prices could be in for a correction in the near term if fuel demand recovery further stalls amid surging coronavirus cases in the United States, Barclays said on Thursday, Continue Reading

Posted On : 24 Jul 2020 Published By : Tom Whipple
Category:
  • Oil Supply

World’s Largest Economies Are Still Spending Big On Oil & Gas

Spending on oil and gas, and coal is still higher among members of G20 than spending on renewable energy, a data update from the Energy Policy Tracker has revealed. Across Continue Reading

Posted On : 24 Jul 2020 Published By : Tom Whipple
Category:
  • International Oil Companies

Big Oil’s Net-Zero Agenda Is Looking Shaky

Emission reduction has become nothing short of a mantra these days. Carbon dioxide still receives the most attention, although methane has also been getting headlines lately as the powerful greenhouse Continue Reading

Posted On : 24 Jul 2020 Published By : Tom Whipple

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