Recent Posts

Gas retailers seek bounty in India’s blue-sky push

Bloomberg A ban on dirty fuels in areas surrounding one of the world’s most polluted cities is set to spur sales at India’s natural-gas retailers. India’s top court last week banned the use of petroleum coke and furnace oil in areas around the Indian capital, which is battling alarming levels of air pollution that’s risking human health. The ban, which ...

Read More »

Japan Osaka Gas plans to raise LNG resales to 3 million tonnes by 2020

TOKYO / Reuters Japan’s Osaka Gas plans to raise its resales of liquefied natural gas (LNG) to third parties to 3 million tonnes a year by 2020, a top executive said on Wednesday, a move that would create more liquidity to Asia’s emerging natural gas markets. Most Asian LNG is supplied under fixed term contracts that include destination clauses that ...

Read More »

Saudi leads Gulf region in cutting break-even oil price

Bloomberg Saudi Arabia, OPEC’s biggest oil producer, is also a leader when it comes to slashing the crude price the country needs to balance its budget. The kingdom will need oil to trade at $70 a barrel next year to break even, the Washington-based International Monetary Fund said in its Regional Economic Outlook for the Middle East and Central Asia. ...

Read More »
Send this to a friend