Category: leviathan
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Hormuz shutdown ramifications: Oil price hike to hit $100 as Asia-Europe LNG battle looms
Hormuz shutdown ramifications: Oil price hike to hit $100 as Asia-Europe LNG battle looms As the closure of the Strait of Hormuz, through which 15% of global oil and 20% of global liquefied natural gas (LNG) supply flows, evokes fears of a major energy shock, analysts at Wood Mackenzie, an energy intelligence group, have warned…
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Chevron signs off on Mediterranean field expansion for gas production uptick
Chevron signs off on Mediterranean field expansion for gas production uptick Chevron Mediterranean Limited (CML), a subsidiary of the U.S.-headquartered Chevron, and its partners have given the green light for a planned expansion of gas export capacity from a giant natural gas field project off the coast of Israel. The post Chevron signs off on…
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$35 billion gas export deal good to roll
$35 billion gas export deal good to roll A multibillion-dollar agreement for the export of natural gas from Israel to Egypt is locked and loaded, following the green light from the Israeli government. The post $35 billion gas export deal good to roll appeared first on Offshore Energy. Melisa Cavcic Go to offshore energy biz
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Another gas asset switching back to online mode in the wake of Israel-Iran ceasefire
Another gas asset switching back to online mode in the wake of Israel-Iran ceasefire Chevron has received the green light to restore production from its giant natural gas field off the coast of Israel, as the dust continues to settle over the U.S.-arranged Israel-Iran ceasefire deal in the Middle East. The post Another gas asset…