Markets International

ExxonMobil markets PNG gas

ExxonMobil is marketing 1.9 MMt/a of mid-term LNG volumes from its PNG LNG Project in Papua New Guinea following overproduction and increased reserves.

The United Kingdom and the United States have agreed to provide valuable input into Australia’s review of energy security, which is being carried by Chief Scientist Dr Alan Finkel.

The Australian LNG sector needs to evolve, and do so quickly, if producers are to become accomplished marketers and traders in the global market, according to a new Deloitte report.

Global LNG supply in 2016 is forecast to increase to 289 million tonnes (MMt), a 12 per cent increase from 2015, due to an increase in supply capacity from Australia and the US – according to the Resources and Energy Quarterly.

LNG consumption to quadruple by 2020: AEMO

Total annual LNG consumption in Australia is forecast to be four times as much in 2020 as it has been in 2015 according to the Australian Energy Market Operator’s (AEMO)...

Ferrovial bids to takeover Broadspectrum

Spanish infrastructure operator Ferrovial has bid AU$715 million for the acquisition of Broadspectrum, formally Transfield services, resulting in an offer of AU$1.35 per Broadspectrum share.

The latest statistics from Platts put the spot price of LNG in Japan and Korea for December at 41.7 per cent down on this time last year.

Negotiations on the biggest global trade deal in 20 years, which first commenced formally more than five years ago, were successfully concluded in Atlanta, United States, in early October 2015.

An extended period of lower oil prices would benefit consumers but would trigger energy-security concerns by heightening reliance on a small number of low-cost producers, or risk a sharp rebound in price if investment falls short, says the International Energy Agency (IEA) in the 2015 edition of its flagship World Energy Outlook publication.

Top gas executives and energy experts weigh in on oil price debate

Gas Today asks gas executives and energy experts why the low oil prices will not reverse the Australian gas industry’s progress over the last few years.

What does COP21 mean for the natural gas industry?

COP21 has been and gone, but the ramifications of the freshly minted Paris Agreement are being felt in the broader energy sphere – no less so in the natural gas...

Gas' oil price hangover

The International Energy Agency (IEA) has painted an uncertain picture for gas-producing economies, with the oil price slump expected to claim a few casualties and some Asian importers poised to...

Jereh Group becomes Ariel’s only global market packager outside of North America

Jereh Group has announced that it is the only global market packager outside North America for natural gas compressor manufacturer Ariel.

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