pandemic

Global LNG Production Shut-Ins Seen Imminent as Prices Continue Falling

Global LNG Production Shut-Ins Seen Imminent as Prices Continue Falling

The outlook for liquefied natural gas (LNG) is growing dimmer as prices across the world have fallen by double-digits this year and the Covid-19 pandemic continues to ravage demand in markets already awash in supplies, suggesting production shut-ins are practically guaranteed in multiple countries.

April 17, 2020
Energy Operators Stressed about Job Security, Industry’s Future in Wake of Coronavirus

Energy Operators Stressed about Job Security, Industry’s Future in Wake of Coronavirus

Management teams at energy companies across the country have been challenged by the unprecedented Covid-19 pandemic and the decline in oil prices, but employers were given high marks in how they’ve handled the crisis, according to a University of Houston (UH) Energy-led survey.

April 16, 2020
Enterprise CEO Says Hang On, as Relief from Coronavirus, Low Prices Will Happen…Eventually

Enterprise CEO Says Hang On, as Relief from Coronavirus, Low Prices Will Happen…Eventually

Oil and natural gas operators have begun taking a second look at spending cuts implemented in March and are shelving projects as a return to “normal” is not forecast until demand comes closer to matching supply.

April 14, 2020
Scuttled Deal May Threaten Magnolia, Bear Head LNG Projects

Scuttled Deal May Threaten Magnolia, Bear Head LNG Projects

LNG Ltd. (LNGL), which is developing natural gas export terminals on the Gulf Coast and in Canada, is facing a cash crunch and warned Tuesday that it might not be in business much longer after a Singapore-based company backed out of a deal to acquire it.

April 14, 2020
Scuttled Deal May Threaten Magnolia, Bear Head LNG Projects

Scuttled Deal May Threaten Magnolia, Bear Head LNG Projects

LNG Ltd. (LNGL), which is developing natural gas export terminals on the Gulf Coast and in Canada, is facing a cash crunch and warned Tuesday that it might not be in business much longer after a Singapore-based company backed out of a deal to acquire it.

April 14, 2020
Natural Gas, Oil Industry’s Philanthropic Efforts Unwavering Despite Tightening Restrictions from Coronavirus

Natural Gas, Oil Industry’s Philanthropic Efforts Unwavering Despite Tightening Restrictions from Coronavirus

With social distancing orders in place across the world amid the coronavirus pandemic, innovation has been at the forefront of the latest relief efforts by the oil and natural gas industry to assist communities in need.

March 31, 2020
Oil Prices, Pandemic Crash Ending in Multi-Company Pile-Up Across North America’s Energy Sector

Oil Prices, Pandemic Crash Ending in Multi-Company Pile-Up Across North America’s Energy Sector

Covid-19 is continuing to cast its dark shadow across the energy sector, as more layoffs are announced and further reductions to capital spending marred the end to the first quarter.

March 31, 2020
Natural Gas, Oil Industry’s Philanthropic Efforts Unwavering Despite Tightening Restrictions from Coronavirus

Natural Gas, Oil Industry’s Philanthropic Efforts Unwavering Despite Tightening Restrictions from Coronavirus

With social distancing orders in place across the world amid the coronavirus pandemic, innovation has been at the forefront of the latest relief efforts by the oil and natural gas industry to assist communities in need.

March 31, 2020
Oil Prices, Pandemic Crash Ending in Multi-Company Pile-Up Across North America’s Energy Sector

Oil Prices, Pandemic Crash Ending in Multi-Company Pile-Up Across North America’s Energy Sector

Covid-19 is continuing to cast its dark shadow across the energy sector, as more layoffs are announced and further reductions to capital spending marred the end to the first quarter.

March 31, 2020
Woodfibre LNG Wants Delay to Begin Building Export Project on BC Coast

Woodfibre LNG Wants Delay to Begin Building Export Project on BC Coast

Project changes awaiting regulatory approval and equipment delivery interruptions by the Covid-19 pandemic have delayed the scheduled 2020 construction start for a small liquefied natural gas (LNG) export project slated for Canada’s west coast.

March 27, 2020