Just a few years ago hopes were running high Down Under. Liquefied natural gas (LNG) prices were increasing almost every month on the back of increased gas demand from Japan amid the shut down of its 50 nuclear reactors after the Fukushima nuclear accident in March 2011. Australia, who had already begun an unprecedented LNG… Keep reading →
The crude oil tank cars that derailed in North Dakota earlier this week were carrying crude that had been treated to reduce volatility, although the tank cars themselves were older models that have been targeted for replacement. “Hess Corp. spokesman John Roper said the company’s oil complied with a state law that requires propane, butane… Keep reading →
Gail (India) Ltd., the country’s largest state-owned natural gas processing and distribution company, is looking to buy seven liquefied natural gas (LNG) cargoes for delivery from Oct. 2015 until Dec. 2016, the company disclosed at the end of March. According to the tender agreement, deliveries are to be split between India’s Dabhol, Dahej and Hazira… Keep reading →
