Gas Year 2020 Review: Global Gas Production Exceeded Demand
2020 was a year that hurt demand for all fuels, and natural gas was no exception. As the year concluded, Rystad Energy has analyzed all of the year’s gas-related activity … Read More
Tag: Asia
Global Oil and Gas Market Shrinks by 13.6% in 2016
MarketLine’s latest market report: ‘Global Oil & Gas’ reveals a declining market trend in 2016 as the price of crude oil pushed down profits of the major players. Overall the global oil … Read More
Slow market impacts refining capacity expansion with reduction of 3 million barrels per day by 2020, says GlobalData
Global crude distillation unit (CDU) capacity will grow by 16.7% by 2020 based on planned and announced refineries, according to research and consulting firm GlobalData. Current capacity is 98.9 million … Read More
Mozambique could join Australia, Qatar in league of world’s largest Gas producers
Mozambique could become the third world’s largest Gas producer after Australia and Qatar should it secure the needed foreign investment in the range of $20Bn to $25Bn according to a … Read More
Horizons 2015: What to look for in the year ahead
[twitter-follow screen_name=’oilnewskenya’] Source: Wood Mackenzie Macroeconomics: Asia’s consumers are key “The rate at which China’s economy rebalances away from investment and towards consumption will determine long-term trends in energy demand,” Cynthia Lim, … Read More
Anadarko sells two-thirds of Mozambique LNG capacity
[twitter-follow screen_name=’oilnewskenya’] Reuters Anadarko Petroleum has sold two-thirds of the capacity of its planned Mozambique liquefied natural gas (LNG) project to Asian customers and hopes to have the rest sold soon, … Read More