Flood Of Spot Cargoes Push LNG Prices To Seven-Week Low
Asian liquefied natural gas (LNG) prices slumped this week on a flood of spot volumes amid subdued demand.
May 25, 2019
Asia Pacific
China To End Subsidies For Onshore Wind Power By 2021
China will end subsidies for new onshore wind power projects at the start of 2021, with renewable projects set to compete on an equal footing with coal- and gas-fired electricity, the country's state planning agency said on Friday.
May 24, 2019
Opinion: US-China Trade Sanctions Will Be Costly But Likely Ineffective
Experience suggests supply chains and technology are surprisingly flexible, more flexible than observers give them credit for at the time, and supply restrictions are rarely an effective form of diplomatic pressure.
May 24, 2019
PetroChina Raises Gas Prices Ahead Of Pipeline Reshuffle
Gas provider is under pressure to recoup losses.
May 23, 2019
India Plans Strategic Oil Reserve Expansion
A plan finalized by Indian Strategic Petroleum Reserves Ltd. includes four new underground oil reserves.
May 16, 2019
Santos Advances PNG LNG Expansion With P'nyang Farm-in
Santos has signed a binding letter of intent to acquire a 14.3% interest in in Petroleum Retention License 3 (PRL 3), which contains the P’nyang natural gas field in Papua New Guinea, the company said in a news release May 16.
May 16, 2019
Asia Oil Buyers, Shippers Go On Alert After Saudi Ship, Facility Attacks
Asian shippers and refiners have put ships heading to the Middle East on alert and are expecting a possible rise in marine insurance premiums after recent attacks on Saudi oil tankers and pipeline facilities, industry sources said on Tuesday.
May 15, 2019
US Faces Hurdles In Push To Build Electric Vehicle Supply Chain
The bipartisan legislation, which seeks in part to codify a late 2017 executive order on U.S. mineral development by President Trump, gets its first hearing before Murkowski's committee on Tuesday.
May 14, 2019
China's Ramping Up Of Tariffs On US LNG Means Nothing, Everything
China's decision to hike import duties on U.S. LNG is a move that means very little for the market in the short term, but it has the potential to deliver outsized consequences the longer the levies remain in place.
May 14, 2019
Trade War Cuts US LNG Exports To China
However, some tankers crossing the Pacific could end up in China.
May 13, 2019