Archives for February 2019
LNG spot price hit 17-month low
Spot prices for liquefied natural gas have tumbled to an 17-month low in Asia in an unusual spat of tepid demand.Speaking at the S&P Global Platts conference in Houston this week, Platts analysts said spot...
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Anadarko inks new Mozambique LNG contract as project nears FID
Anadarko Petroleum said Friday it inked a new long-term deal to sell liquefied natural gas from its planned Mozambique LNG project that gives The Woodlands-based explore enough sales contracts to move forward with construction. Source:...
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Oil poised for weekly gain as OPEC+ curbs counter trade worries
Oil headed for its biggest weekly gain in a month as the OPEC+ coalition’s supply cuts and reduced output from the world’s biggest offshore field overshadowed renewed concern over the U.S.-China trade war. Source: FuelFix
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Looking for a growth industry? Hint: It's not electricity
Consumers and businesses won’t be using as much electricity in the next three decades as they’ve used in the past three decades, thanks to more energy efficient lighting, appliances and heating and cooling systems. Source:...
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