Natural Gas

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

Posted on February 26, 2019February 26, 2019 by Mozambique Resources Post

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

Global Market: Renewable energy and natural gas dominate growth

Posted on February 20, 2019February 20, 2019 by Mozambique Resources Post

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.

Global Industry: Oil’s volatility hastening decline in oil-indexed LNG pricing

Posted on January 23, 2019January 23, 2019 by Mozambique Resources Post

The pricing of often decades-long liquefied natural gas (LNG) contracts is becoming more unpredictable as a result of oil price swings.

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

Posted on December 28, 2018December 28, 2018 by Mozambique Resources Post

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).

Africa Oil & Gas: Egypt aims to produce 7.8 bcf of natural gas per day in 2019-2020

Posted on December 26, 2018December 26, 2018 by Mozambique Resources Post

The rise will come mainly from increased production in Egypt’s mammoth Zohr field, North Alexandria gas fields and other projects.

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

Posted on November 30, 2018November 30, 2018 by Mozambique Resources Post

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.

Global Markets: Natural Gas Price Explosion Bankrupts Traders

Posted on November 20, 2018 by Mozambique Resources Post

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.

Markets: Natural Gas Markets Remain Ultra Tight

Posted on November 17, 2018 by Mozambique Resources Post

Natural gas prices skyrocketed this week, shooting above $4.80 per MMBtu on Wednesday, a price last seen during the polar vortex of 2014.

Global Markets: Natural Gas Soars

Posted on November 12, 2018 by Mozambique Resources Post

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.

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

Posted on November 12, 2018 by Mozambique Resources Post

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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