Day: January 17, 2020

Canada’s Supreme Court has dismissed an appeal by British Columbia that aimed to stop work on the controversial Trans Mountain pipeline expansion project, Bloomberg reports, adding that the decision to dismiss the case was unanimous. “We are all of the view to dismiss the appeal for the unanimous reasons of the Court of Appeal for British Columbia,” the Chief Justice of Canada said after the presentation of arguments. British Columbia’s government is a staunch opponent of the Trans Mountain pipeline expansion on the grounds that it will increase the risk of spills and leaks…

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After years of declines in crude oil production, one of OPEC’s largest African producers, Angola, is finally about to see its production rising in the coming years, with several new projects coming online. Italy’s oil and gas major Eni said on Friday that it had started up the Agogo oilfield just nine months after its discovery, with the project timeline facilitated by the nearby Floating Production Storage Offloading (FPSO) Ngoma, which lies just 15 kilometers (9 miles) away from the Agogo field. The Agogo field is estimated to have more than 650…

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A dense fog in the area of the Sabine Pass LNG facility in Louisiana has suffered reduced supplies of natural gas and limited tanker movement, S&P Global Platts reports, adding that the problem could continue throughout the weekend. The disruption comes amid subdued demand for LNG from Asia combined with increased supply. However, Cheniere Energy this week reaped the benefits of the Phase 1 trade deal between the United States and China, with its shares rising considerably on news that China may buy more than $50 billion worth of additional U.S. energy products,…

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Two liquefied natural gas (LNG) managers at Gazprom Marketing & Trading’s London office have left the company, sources said on Wednesday. Jayesh Mistry, general manager for LNG and oil trading, has left, three sources said. Lawrence Darby who was responsible for LNG paper trading, has also left, one of the sources and another source said. Gazprom Marketing & Trading is a trading arm of Russia’s energy giant Gazprom which, sources told Reuters in March 2018, is reorganising its overseas trading and export operations with hundreds of jobs potentially moving to…

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Discussion between representatives of CNG association and SSGC management took place Wednesday at Company’s Head Office after CNG association and Transport Ittehad protested in front of SSGC Head Office on closure of CNG stations. The CNG sector delegation was led by Mohammad Tahir, Acting Chairman of the association and the SSGC team was led by Saeed Larik, SGM (Distribution). The association demanded that SSGC reconsider the CNG closure schedule and make more volumes of CNG available to the outlets. The SSGC management maintained that currently gas supply is quite grim…

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