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LNG import boom no relief for Australian gas prices

Bloomberg Plans in Australia to import gas to ease a supply squeeze may fail to bring down domestic prices as it pits the nation against some of the world’s biggest buyers for supplies. Australia finds itself in the odd position of having to consider four projects to import liquefied natural gas (LNG) while simultaneously being on track to become the ...

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Brazil’s Bolsonaro seeks $30bn oil boon

Bloomberg President-elect Jair Bolsonaro is pursuing the sale of Brazil’s deep-sea treasure-trove of oil, but just weeks after his election he’s facing the same political obstacles as his two predecessors. While Bolsonaro’s transition team argues the sale could net some $30 billion to help plug fiscal deficits, a squabble over how to divvy up the spoils between various states and ...

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UK weighs hydrogen as ‘green form of heat’

Bloomberg An influential panel of lawmakers in UK parliament is encouraging the government to develop hydrogen as a way to provide a green form of heat for industry and homes. The Committee on Climate Change, which advises the government on energy and environmental policies, said ministers should write a strategy for removing carbon emissions from heat in the next three ...

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