New Gas Discoveries Lure LNG Leader Shell to East Africa
Two more significant discoveries have reaffirmed the potential of offshore East Africa gas prospects, and have lured in the biggest name in LNG.
Articles Tagged "lng"
2011 Gas Market Trends
The ‘shale revolution’ drove US natural gas prices lower in 2011, but oil-indexed contracts and the March earthquake in Japan meant pricier gas for the rest of the world.
Upgraded Anadarko Gas Find Raises Mozambique’s Profile
Anadarko's new estimate of a gas find could make them an illustrious company among some of Africa’s top gas producers.
Mozambique: A Burgeoning Gas Exploration Hotspot
Recent finds by Eni and Anadarko confirm Mozambique as an up and coming offshore gas hotspot
Rising Gas Prices to Follow Japan Disaster
The Energy Information Administration (EIA) forecasts that increasing consumption in 2012, led by strong growth in the electric power sector, should contribute to higher prices and to an economic incentive for producers to resume drilling.
Analysts’ Forecasts Positive for Gas Investors
On Tuesday, Richard Bernstein, Chief Executive Officer at Richard Bernstein Advisors LLC (RBA) offered bullish commentary for the broader energy sector for 2011: “if the economy is indeed beginning to enter the mid-phase of the cycle, then energy and materials stocks begin to take leadership positions. We expect both global sectors to outperform in 2011.”
Australian Investment in Gas Projects
Shell may spend $50 billion in Australia over the next decade as Europe’s largest oil company continues a shift to gas.
Foes of Natural Gas Terminal to increase safety, security issues
The LNG Opposition Team, a group established to derail the plans of Virginia-based AES, which expects to build a liquid natural gas terminal in eastern Baltimore County declared that it has scheduled a press conference at 11 a.m. today in Turners Station. For full story, click here
Landmark LNG terminal has opened today
The South Hook LNG Terminal, which is being formally inaugurated today is reported that it will pump Qatari gas into the national grid and heat homes and business establishments throughout the UK. For full story, click here
India Lures LNG Cargoes as Asia, Europe Cut Imports
India may rank among the largest markets for spot cargoes of liquefied natural gas this year as Japan, South Korea and Spain slash purchases. For full story, click here
