News & Events
Shipping Industry Increasingly Turning to LNG to Meet Clean Fuel Rules
WASHINGTON, June 28 (Reuters) – With new global emissions standards looming, the marine shipping industry is increasingly looking at liquefied natural gas as alternative to high-sulfur bunker fuel, shipping and…
Read MoreBitcoin erases loss, bounces back from lowest level in 2018
NEW YORK (BLOOMBERG) – Bitcoin erased its loss after setting a 2018 low earlier on Sunday (June 24), with the volatility reflecting increased scrutiny by government regulators on the embryonic…
Read MoreEgypt may have issued last LNG tender, paving way for exports
VIENNA (Bloomberg) — Egypt may have just issued its last LNG tender, setting the stage to resume exports next year. Imports of liquefied natural gas may stop in the fourth quarter,…
Read MoreShell Sells Equity in Malaysia LNG Tiga for $750 million
Shell completes Malaysia LNG Tiga equity sale Shell Gas Holdings (Malaysia) Limited, a subsidiary of Royal Dutch Shell plc, announced today that it has completed the sale of its 15%…
Read MoreShell completes sale of stake in Thailand’s Bongkot field
HOUSTON — Shell has announced that its affiliates, Shell Integrated Gas Thailand Pte Ltd. and Thai Energy Company Ltd., have completed the sale of their 22.2222% interest in Bongkot field…
Read MoreOPEC+ Gives Final Sign Off to Oil-Supply Boost
(Bloomberg) — OPEC and its allies gave the final sign-off to an oil-production increase, sealing a victory for Saudi Arabia and Russia. Major producers outside the Organization of Petroleum Exporting…
Read MoreAustralia No Longer Expects Gas Shortfall Before 2030
MELBOURNE, June 22 (Reuters) – Australia no longer faces a looming gas shortage, thanks to government pressure on exporters to divert the commodity into local markets and a reduced demand…
Read MoreLNG preferred as transport fuel but lack of infrastructure a barrier
Switching to LNG is the preferred solution for shipping companies to adopt in order to meet the International Maritime Organisation’s (IMO) stringent new international emissions standards for marine bunker fuels,…
Read MoreTech giants pose threat to Asian private banks as they lure the region’s ultra rich
The likely target will be individuals shunned by private banking and pushed into premium retail banking models. Homegrown big tech giants like Tencent and Alibaba as well as Google and…
Read MoreTrade Tensions Push The Price of Oil Lower
Global trade tensions and signs of more oil supply coming in the second half of the year helped push crude oil prices lower in early Friday trading. Russia and Saudi…
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