US LNG Cancellations Surge With Storage Space Dwindling

US liquefied natural gas producers face a wave of order cancellations as global buyers struggle with growing stockpiles of the fuel along with demand weakened by the coronavirus crisis.   All US projects could get requests to cancel a total of 35-45 cargoes for July…

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Coro Energy gets approval for Indonesian block entry

Coro Energy has received all necessary regulatory approvals for the transfer of a 15 per cent interest in the Duyung PSC, located offshore Indonesia, and has completed the acquisition of the interest.   Coro Energy entered into an agreement to buy a 15 per cent…

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Qatar Petroleum to continue North Field Expansion project

Qatar Petroleum’s North Field Expansion project will continue “full steam ahead,” said Saad Sherida Al-Kaabi, minister of state for energy affairs and president and chief executive officer of Qatar Petroleum, during a webinar organized by the US-Qatar Business Council as noted on the company website…

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Thai Gulf Energy gets 1.7-million tpy LNG import licence

Companies held by Thai Gulf Energy Development Public Company Ltd have received government licences to import as much as 1.7 million tonnes/year (tpy) of LNG.   Thailand’s Energy Regulatory Commission (ERC) granted Hin Kong Power Holding Company Ltd (HKH) an LNG shipper licence for 1.4…

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Australia Subsea Hub to Promote SME Market Entry

The Australian Government has awarded Subsea Energy Australia A$1.4 million in grant funding which will be used to help small and medium enterprises (SME) become more internationally competitive, the Government of Western Australia (WA) reported on the 20th May.   The funding will allow SEA,…

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KRG “to Privatise Electricity Sector”

A  Ministry of Electricity proposal to privatise the Kurdistan Region’s fragile electricity sector has been approved, according to ministry officials. Mohammed Ahmed told Rudaw on the 20th May that the decision was approved in a Council of Ministers meeting last week.   “The government and…

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