Natural Gas

Mozambique Gas Logistics: Fugro investigating near-shore conditions for gas pipeline

Posted on by Mozambique Resources Post
Mozambique Gas Logistics: Fugro investigating near-shore conditions for gas pipeline

Fugro is working on a large geotechnical site characterization project for Eni offshore northern Mozambique, the company revealed in its latest results statement. Advertisements

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Global Market: Renewable energy and natural gas dominate growth

Posted on by Mozambique Resources Post
Global Market: Renewable energy and natural gas dominate growth

According to BP’s (NYSE: BP) latest energy outlook, renewable energy and natural gas will together claim 85 percent of the world’s energy supply growth through 2040. The new analysis “brings into sharp focus just how fast the world’s energy systems are changing, and how the dual challenge of more energy with fewer emissions is framing the future,” BP CEO Bob Dudley said.

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Mozambique Oil & Gas: “Gas exploration to fuel 7.5% economy growth by 2023” – EIU

Posted on by Mozambique Resources Post
Mozambique Oil & Gas: “Gas exploration to fuel 7.5% economy growth by 2023” – EIU

ozambique will have to wait until 2023 to achieve economic growth of 7.5%, a rate it was used to in the not too distant past, according to forecasts by the Economist Intelligence Unit (EIU).

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Mozambique Oil & Gas: ENH says discussing with Anadarko to “accelerate the domestic gas supply”

Posted on by Mozambique Resources Post
Mozambique Oil & Gas: ENH says discussing with Anadarko to “accelerate the domestic gas supply”

According to @Verdade reports, faced with Anadarko’s position whether it could only provide domestic gas for Shell’s GTL project in 2030, the CEO of the National Hydrocarbons Company’s (ENH) Omar Mitha explained that it is “seeing with Anadarko how to accelerate the gas supply process for Shell, @Verdade reports.

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Global Markets: Natural Gas Price Explosion Bankrupts Traders

Posted on by Mozambique Resources Post
Global Markets: Natural Gas Price Explosion Bankrupts Traders

A Tampa, Florida based options trading firm, OptionSellers, went dark this weekend after it informed its clients of a “catastrophic loss event,” resulting from a short squeeze on the natural gas market, ZeroHedge reports, citing parts of the letter.

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Global Markets: Natural Gas Soars

Posted on by Mozambique Resources Post
Global Markets: Natural Gas Soars

This week has been the tale of two markets. One being driven lower by a gradual shift in the fundamentals to bearish, the other driven higher by the emergence of a surprise shift in a weather pattern. Crude oil has turned bearish while natural gas is set up for perhaps a test of prices not seen in nearly 4 years later this winter.

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Global Markets: China Overtakes Japan As World’s Top Natural Gas Importer

Posted on by Mozambique Resources Post
Global Markets: China Overtakes Japan As World’s Top Natural Gas Importer

China has recently overtaken Japan to become the world’s biggest importer of natural gas and will likely keep that crown as pipeline and liquefied natural gas (LNG) infrastructure grow, according to an analysis by S&P Global Platts.

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