- LNG backers face comatose market as oil shows signs of life
April 10, 2016
As oil markets look for the green shoots of a price recovery, LNG participants are hunkering down for a long winter.
Read Article
- Oil Search on acquisition trail
April 07, 2016
Oil Search managing director Peter Botten says the company is looking for growth opportunities and expects deal activity to pick up in the second half of the year, describing the industry as “unsustainable” with oil at $US30 a barrel.
Read...
- Oil prices rise on unexpected decline in U.S. crude inventories
April 06, 2016
Crude-oil prices continued to rise in Asian trade Thursday, driven by an unexpected decline in U.S. crude inventories.
Read Article
- Global LNG-Prices dip with tender transaction levels
April 04, 2016
Asian spot prices for liquefied natural gas (LNG) slipped this week in line with transaction levels in a string of recently awarded tenders. LNG for May delivery in Asia traded at around $4.30 per million British thermal units (mmBtu), compared wi...
- Saudi Arabia having a 'very difficult time selling oil' as Russia and Iraq compete for trade
March 29, 2016
Saudi Arabia is struggling to sell all of its oil despite increasing output to record levels.
Read Article