Energy
Energy
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EnergyFirst U.S. LNG cargo since trade tariff enacted arrives in China
Liquefied natural gas cargo from the United States arrived in China, the first such cargo since Beijing imposed tariff on U.S. imports, shipping data from Refinitiv Eikon showed on Monday. The cargo was shipped on...
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EnergyOil prices steady as U.S. sanctions on Iran begin, Tehran defiant
Oil prices steadied on Monday as U.S. sanctions against Iran’s fuel exports began but were softened by waivers allowing major buyers to import Iranian crude for a while as Tehran said it would defy Washington...
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EnergyFoundation links kidney failure to gas flaring
Contaminated air arising from hydrocarbon exploitation and processing, such as gas flaring and soot, has been identified as part of the contributors to increasing rate of kidney failures in the country. A non-governmental organisation, known...
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EnergyEx-Afren executives sentenced in UK for Nigerian fraud
Two former executives of collapsed oil company Afren were sentenced to up to six years in prison in the UK on Monday after they were convicted of fraud and money laundering over a $300 million...
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EnergyU.S. power producers’ coal consumption falls to 35-year low: Kemp
Despite political support from the White House, U.S. coal consumption continues to fall, as power producers shutter coal-fired units in favour of cheaper and more flexible natural gas as well as solar and wind. Electric...
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EnergyRussia details conditions of 2017 settlement with Exxon on Sakhalin-1 – Interfax
Russia’s government has disclosed conditions of an out-of-court settlement signed in 2017 between Russia’s finance ministry, the Russian subsidiary of U.S. oil major Exxonmobil and other members of Russia’s Sakhalin-1 oil and gas project, Interfax...
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EnergyOutokumpu steel plant in Finland hit by four radiation incidents since July – watchdog
Outokumpu’s Tornio facility in Finland, one of Europe’s biggest steel plants, has suffered four radiation contamination incidents since July, the country’s nuclear watchdog STUK said on Tuesday. In the latest incident, a batch of scrap...
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EnergyNew power plant to boost national grid by 25MW in December
The amount of power in the Nigerian national power grid will rise by 25 megawatts, MW, when the independent power project, IPP, being developed by the Nigerian Agip Oil Company, NAOC, in partnership with the...
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Energy
Global LNG shipping rates double since end-August, slow Asia deliveries
Headline rates for shipping liquified natural gas (LNG) in Pacific and Atlantic basins stand at around $140,000 to $150,000 a day for a 160,000 cubic metre LNG tri-fuel diesel electric (TFDE) vessel, brokers say. That...
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EnergyNew power plant to boost national grid by 25MW in December
The amount of power in the Nigerian national power grid will rise by 25 megawatts, MW, when the independent power project, IPP, being developed by the Nigerian Agip Oil Company, NAOC, in partnership with the...
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