Global Markets: “Global LNG supply to rise by 35 million tonnes in 2019” – Shell

Global Markets: “Global LNG supply to rise by 35 million tonnes in 2019” – Shell

Strong demand for cleaner-burning fuel in Asia continued to drive rapid growth in liquefied natural gas (LNG) use in 2018, with global demand rising by 27 million tonnes to 319 million tonnes, according to Shell’s latest annual LNG Outlook.

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Africa Oil & Gas: Nigeria hits oil majors with billions in back taxes

Africa Oil & Gas: Nigeria hits oil majors with billions in back taxes

Nigeria has ordered foreign oil and gas companies to pay nearly $20-billion in taxes it says are owed to local states, industry and government sources said, in a move that could deter investment in Africa’s largest economy.

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Global Oil & Gas: S&P Global Platts uses blockchain for oil storage data

S&P Global Platts has deployed a blockchain network for its data on oil storage in the UAE, according to the FT, which is one of the first times the technology has been used in the energy industry. The technology allows traders to securely add weekly UAE oil inventory data to the blockchain.

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