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Jan JKM averages $10.06/MMBtu, down 47% on year amid weak LNG demand
The Platts JKM for January-delivery LNG cargoes was down 47% year on year, the largest year-on-year drop in prices since Platts began assessing the JKM in 2009....Read More »
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Russia may revoke tax maneuver if gasoline prices soar: lawmaker
Russia may revoke the so called tax maneuver, which from 2015 cuts oil
export duties but increases the mineral extraction tax, if as a result
gasoline prices soar, chairman of the lower house of parliament, the State
Duma's, energy committee, Ivan Grachev, said Friday.
Asian Persian Gulf storage deals continue amid global oil glut
A decade of Asian strategy aimed at strengthening the bargaining power of
the region's big oil importers is now helping Persian Gulf exporters preserve
market share amid rising competition from rival international suppliers.
Maryland energy official named new US BOEM director
Abigail Ross Hopper, director of the Maryland Energy Administration, has
been named director of the US Bureau of Ocean Energy Management, Interior
Secretary Sally Jewell said in a statement Thursday.