Gas plagues Permian shale and the result is less drilling and lower profits for explorers at a time when investors are demanding better returns. Natural gas has long been a nuisance in the Permian, where a massive glut weighs on prices, with crude producers sometimes having to pay to get...
Russian gas transiting Ukraine to the EU has hit record high levels, almost 300 million cubic meters a day, Serhiy Makogon, director of Ukraine’s Gas Transit System, writes on Facebook. Ukraine Business News reports that Makogon speculates in his Facebook post that Gazprom may be accelerating pre-holiday sales in...
Saudi Aramco and ACWA Power signed a memorandum of understanding (MOU) with Bangladesh on Thursday to develop a 3,600-megawatt LNG-based power plant and terminal in the country. As part of the deal, the Saudi companies will invest around $3 billion, the Bangladesh government said at the recent signing ceremony. The Bangladesh...

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Polish LNG terminal operator Polskie LNG has obtained a set of environmental and location decisions for all projects implemented under the LNG Terminal Expansion Program. The environmental permits are final, while the decisions issued by the Governor of West Pomerania are immediately enforceable (which stems directly from the provisions of...