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Arab Energy Producers are set to increase Investment | Oil Market Minute
https://oilmarketminute.wordpress.com/2010/04/18/arab-energy-producers-are-set-to-increase-investment
Minute by minute oil news. Arab Energy Producers are set to increase Investment. The UAE and four other Arab oil producers are planning to pump nearly $470 billion (Dh1.73 trillion) into projects to expand their hydrocarbon output capacity to meet domestic and external demand, their oil group said yesterday. Upstream, midstream and downstream gas projects are expected to get the lion’s share of those investments, accounting for nearly 36 per cent, the report said. Oapec’s figures showed the Arab re...
Global LNG Market Analysis | Oil Market Minute
https://oilmarketminute.wordpress.com/2010/04/21/global-lng-market-analysis
Minute by minute oil news. Global LNG Market Analysis. Has been growing at a fast pace since the first commercial overseas shipment in September 1964. It accounts. For more than 7% of the world’s natural gas demand. Although the Asia Pacific region is the largest LNG market, accounting for more than 68% of global trade, LNG is becoming an important complementary source of gas supply in Continental. Europe and the Americas where the market has long been dominated by pipeline gas supplies. We have also inc...
NTPC buying gas at higher rate may push up tariffs | Oil Market Minute
https://oilmarketminute.wordpress.com/2010/04/21/ntpc-buying-gas-at-higher-rate-may-push-up-tariffs
Minute by minute oil news. NTPC buying gas at higher rate may push up tariffs. MUMBAI: Power consumers in the country could see higher tariffs, as NTPC India’s largest power company is planning to purchase additional natural gas from Qatar at higher rates. LNG supply from Qatar is expected to be at a price higher than the current contracted price of $10 million British thermal unit. People connected with the development said the current uptrend in crude oil prices, which serves as a benchmark to gas ...
ANALYSIS-U.S. LNG import wave might not break this year | Oil Market Minute
https://oilmarketminute.wordpress.com/2010/04/21/analysis-u-s-lng-import-wave-might-not-break-this-year
Minute by minute oil news. ANALYSIS-U.S. LNG import wave might not break this year. Production problems will temper supply growth. European, Asian demand to keep cargoes from U.S. Slumping U.S. gas prices slowing imports. NEW YORK, April 20 (Reuters) – U.S. gas traders might experience a touch of deja vu this summer when, for the second year running, an unneeded, bearish barrage of natural gas shipped from overseas fails to land on U.S. shores. Increased production in Indonesia, Yemen, Russia and Qatar w...
Ecuador proposal could lead to oil field takeovers | Oil Market Minute
https://oilmarketminute.wordpress.com/2010/04/18/ecuador-proposal-could-lead-to-oil-field-takeovers
Minute by minute oil news. Ecuador proposal could lead to oil field takeovers. Quito, Apr 17 (EFE).- Ecuadorian President Rafael Correa said Saturday he will submit a bill to Congress that would facilitate the expropriation of oil fields from companies that refuse to switch from production-sharing contracts to new service-provider arrangements. He made the announcement during his regular Saturday TV and radio address. Reports from the National Hydrocarbons Directorate, which oversees oil and gas operatio...
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Oil Market Minute | minute by minute oil news
Minute by minute oil news. Venezuela adopts even-handed approach with 60-40 split. Venezuela and China will together invest $16.32 billion in a joint oil venture to produce 400,000 b/d from the Junin 4 Block in the country’s oil-rich Orinoco Belt. That’s according to Venezuela’s state-owned Petroleos de Venezuela, which will own 60% of the new venture, with the remaining 40% controlled by the China National Petroleum Corp. […]. Posted at 8:02 pm on April 21, 2010 Leave a comment. Continue reading →.
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