Spot Deals Make Up More Of Global LNG Market As Sellers Get Flexible
Long-term contracts constitute less of global trade with tipping point expected soon.
April 1, 2019
Tankers
S. Korean Refiners Reject US Oil Cargoes
Refiners insist they will continue to import from the U.S. assuming the price is competitive.
April 1, 2019
Former Sempra LNG Executive Octávio Simões Joins Tellurian
Octávio Simões, an industry veteran with more than 30 years of experience who most recently led Sempra LNG, will serve as senior adviser to Tellurian CEO Meg Gentle
April 1, 2019
Carlyle Takes Step Forward On $1 Billion US Oil-Export Project
Carlyle-backed Lone Star Ports agreed to lease 200 acres along the port of Corpus Christi where it has proposed an oil export terminal and docks to load U.S. shale onto supertankers.
March 29, 2019
Australia’s East Faces Gas Shortage From 2024, Market Operator Warns
Country’s outlook has become more dire since the last report a year ago.
March 28, 2019
Activity Halted At Venezuela’s Oil Port, Upgraders After Blackout
‘There is no electricity, everything is paralyzed,’ says union leader.
March 27, 2019
US Crude Exports Need $50-$60 Oil To Thrive
The ongoing surge in U.S. crude exports could come to a halt if oil production from U.S. shale and offshore Gulf of Mexico becomes uneconomic, says a recent Morningstar report.
March 26, 2019
Kinder Morgan Quits Enbridge, Oiltanking Crude Export Venture
Texas COLT project does not line up with priorities, Kinder says.
March 26, 2019
LNG Markets Navigate A Sea Change
With the long-term contract model fading, LNG’s success as a commodity will rely on providers’ ability to put the product on the water as cheaply as possible.
March 25, 2019
Shell Ships First Condensate Cargo From Prelude Off Western Australia
Giant vessel has yet to ship LNG.
March 25, 2019