Thursday, July 29, 2021

Energy

Wednesday, 21 July 2021 21:59

Crude lower on unexpected US crude, gasoline inventory builds

Crude oil futures fell during the mid-morning trade in Asia July 21, as data from the American Petroleum Institute showed builds in US crude and gasoline inventories. At 10:37 am…
Wednesday, 14 July 2021 09:01

MAN Energy Solutions Confirms World-First LAES Project

Company formalises partnership with Highview Power on liquid-air energy-storage facilityBack to previous page MAN Energy Solutions has formally signed a contract to provide its LAES turbomachinery solution to Highview Power’s…
Monday, 12 July 2021 20:17

Long-term LNG set to remain a buyers’ market

The liquefied natural gas (LNG) long term contract market and LNG spot market are travelling in opposite directions. The long-term buyers’ market is only likely to end when it becomes…
Monday, 12 July 2021 09:44

Global Presentation of the Wholesale Gas Price Survey, 2021 Edition

On July 8, 2021, the International Gas Union will release the Wholesale Gas Price Survey, 2021 Edition. During the virtual release event we will present its key findings and discuss…
Thursday, 08 July 2021 07:44

OPEC discord could unleash a new level of volatility in oil market

Disagreement within OPEC could trigger a more a volatile period for oil, with prices jumping on lack of new supply or sinking suddenly if member countries decide to release crude…
Wednesday, 07 July 2021 07:52

Oman LNG posts revenue of $2.5bln in pandemic-hit 2020

Strong performance: Despite challenging global economic conditions and lower demand, Oman LNG successfully delivered a total of 155 cargoes last year, compared with 166 cargoes in 2019. Amid a year…
Tuesday, 06 July 2021 10:11

ClassNK enhances support for shipping’s transition to zero-emission Tool for EEXI compliance released

Tokyo – Leading Classification Society ClassNK has proclaimed its roles to support the transition of the shipping business to zero-emission. While efforts to build a decarbonized society are being accelerated…
Thursday, 01 July 2021 09:03

S China’s power utilities curb ops, review gas procurement on high LNG prices

High spot LNG prices and low margins have prompted southern China’s gas-fired power plants to lower their utilization rates and review their exposure to the short-term LNG market, after they…
Thursday, 01 July 2021 09:00

EU steers shipping towards carbon trading market to curb emissions

Ship owners could be forced to pay for pollution from their vessels or face bans from European Union ports under draft plans to add shipping emissions to the bloc’s carbon…
Tuesday, 29 June 2021 14:24

EU Carbon Market to Expand to Shipping, Housing and Transport

The European Commission plans to include maritime transport in the world’s biggest carbon market and create an adjacent emissions-trading program for heating and road transport. The EU executive arm is…

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