Saturday, November 23, 2024

Energy Consultants News

US Eyes India for Quantum Leap in LPG Exports

Trump administration trade tariffs on China will need to cease and India will have to rely more on U.S. LPG supplies for the world to clear the quantum leap expected for U.S. LPG exports, says a study.The…

China LNG Growth Not Slowing -Woodside

(Photo: Woodside Petroleum)

China's appetite for liquefied natural gas (LNG) has not slowed, but its purchases have been spread more evenly, avoiding last year's sudden spike to meet winter demand, Australia's top independent LNG producer…

Plans for Another South Australia LNG Import Plant in the Works

A private firm is looking to import liquefied natural gas (LNG) to South Australia starting in 2020, around the same time as two other proposed import projects, looking to fill a supply gap as domestic gas gets sucked into LNG exports.Venice Energy…

Why Canada is the Next Frontier for Shale Oil

File photo: Suncor Energy Inc.

The revolution in U.S. shale oil has battered Canada's energy industry in recent years, ending two decades of rapid expansion and job creation in the nation's vast oil sands. Now Canada is looking to its own shale fields to repair the economic damage.

ExxonMobil, BHP End Australia Gas Sales JV

ExxonMobil, BHP avert court action by regulator. ExxonMobil Corp and BHP Billiton Ltd have agreed to end a nearly 50-year-old gas marketing joint venture in Australia, bowing to pressure from the nation's…

Australian Supply Crunch Squeezes LNG Exporters

Spot LNG exports in government's cross-hairs; ConocoPhillips, Origin, Shell now in the firing line. The Australian government on Monday warned that the country's east faced a worse-than-expected natural gas shortfall in 2018…

Some BHP Shareholders Want Firm to Shed Shale

BHP Billiton is facing pressure from two activist shareholders over its $20 billion splurge on U.S. shale oil and gas fields, but may resist calls to dump the business just as oil prices are sliding. Investors…

Australia Plans to Limit LNG Exports

© Carabay / Adobe Stock

Australia's conservative government unveiled a radical plan on Thursday to restrict exports of liquefied natural gas (LNG) at times when domestic shortages push up local prices, aiming to ease soaring energy costs for local manufacturers.

North Dakota Output to Rise as DAPL Opens

North Dakota oil production will get a shot in the arm next month as a pipeline comes online despite opposition by environmental groups and Native Americans, allowing the energy industry to save at least $540 million in annual shipping costs.

Oil Edges Up Despite Persistent Glut

Oil prices rose on Wednesday a day after a report showed inventories fell at the Cushing, Oklahoma, delivery hub but gains were capped as investors awaited official U.S. inventory data. Crude oil and oil product…

U.S. Motorists Splurge on Low Cost Premium Gas

U.S. motorists' habit of filling up with costlier "premium" gasoline when pump prices drop is delivering extra profits to refiners, such as Royal Dutch Shell and traders like Noble Group. For the second time in the past decade…

Indian Police Arrest Five for Theft, Sale of Oil Ministry Papers

Police have arrested five people on charges of stealing official documents from India's petroleum and natural gas ministry and selling them to energy consultants and companies, the Delhi Police said on Thursday.

Russian Gas Discounts Undermine Italy's Quest For New Routes

U.S. As Europe looks to wriggle free of Russia's energy grip, state-backed exporter Gazprom is working to convince Italy to stay the course with offers of cheap gas, potentially locking out rival supply from North Africa, the Caspian Sea and shipped LNG.