‘Depressed demand and falling oil and gas prices challenges global LNG sector’

global lngThe global liquefied natural gas (LNG) sector has been hit by supply overhang followed by COVID-19-induced economic slowdown and lower demand worldwide

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Global LNG demand resilient in face of COVID-19

lngLNG demand is expected to show impressive resilience in the face of COVID-19 pandemic, according to a forecast by IHS Markit

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SDX Energy announces commercial gas discovery at Sobhi well in Egypt

8903470262 cc65f98097 cSDX Energy, a London based international oil and gas exploration, production and development company with a principal focus on the Middle East and North Africa, has announced a commercial discovery at Sobhi well in Egypt

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Total charters its first LNG-powered very large crude carriers

32451466440 0a16144250 cSupermajor Total has signed a pioneering agreement to charter its first two LNG powered very large crude carriers (VLCCs)

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Global natural gas prices expected even lower in 2020: Rystad Energy

49025793468 7ea6c0e7eb cThe world’s demand for natural gas is being impacted by the COVID-19 pandemic, and although it will not be curtailed to the same extent as oil, Rystad Energy estimates international gas prices will reach lower averages than previously expected in 2020

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