Wood Mackenzie: Ras Laffan attacks fundamentally reshape global LNG outlook
Missile attacks on Qatar’s Ras Laffan Industrial City fundamentally alter the global gas market outlook, according to Wood Mackenzie analysis.
The latest oil, gas and petrochemicals storage news
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Peter Davidson, CEO of the Tank Storage Association (TSA), joins us to discuss the essential role that the tank storage sector has to play in ensuring supply security and resilience, as well as in facilitating the energy transition.
Notice to proceed for Phase 2 of CP2 Venture Global project
Worley has received full notice to proceed from Venture Global under its reimbursable engineering, procurement and construction (EPC) contract for the second phase of its CP2 project.
JERA signs MoU with KOGAS
JERA Co., Inc. has signed a memorandum of understanding with Korea Gas Corp. with the aim of strengthening energy security in Japan and the Republic of Korea.
Evos Rotterdam commences expansion project
Evos Rotterdam has commenced the realisation of a major expansion project for (low-carbon) methanol and ethanol storage, following a signing ceremony held at the Port of Rotterdam.
IEA Member countries to carry out largest ever oil stock release
The 32 Member countries of the IEA have agreed to make 400 million bbl of oil from their emergency reserves available to the market to address disruptions in oil markets stemming from the war in the Middle East.
EIA: latest Short-Term Energy Outlook
The US Energy Information Administration (EIA) has published its latest Short-Term Energy Outlook (STEO).
ProSep wins global EPC order
ProSep has received an order for two of its Annular Injection Mixers (AIM) to support an LNG facility in South Texas, US.
How the Middle East conflict is reshaping gas and LNG markets
Wood Mackenzie warns Middle East conflict threatens 200 million tpy of Asian LNG demand growth over next decade as Qatar declares force majeure on shipments.
GlobalData: escalating Gulf conflict set to disrupt Hormuz oil flows
Jaison Davis, Economic Research Analyst at GlobalData, provides commentary on GCC exports, with global energy markets in flux.
IGU releases statement on the escalating conflict in the Middle East
The International Gas Union (IGU) has released a statement on the escalating conflict in the Middle East and its impact on global energy security.