Shell has restarted operations at its floating LNG production platform Prelude offshore Australia and is expected to see the first cargo after extensive maintenance load within days
(Bloomberg) Oil steadied after a four-day drop as a flood of US exports and doubts over whether OPEC+ will be able to deliver on its planned production cuts raised concerns of oversupply.Most Read from BloombergTreasury Frenzy Drives 10-Year Yield Below 4.2%: Markets WrapBiden Says He Might Not Have Sought Reelection If Trump Weren’t RunningTruck-Stop Billionaire Fights Warren Buffett to Increase $18 Billion Fortune Moody’s Cuts China Credit Outlook to Negative on Rising DebtHow Suspects Laun
The Israel-Hamas war has brought the question of East Med energy security and the geopolitics of energy back to the fore… energy security concerns resurface frequently in a volatile region. [Gas in Transition, Volume 3, Issue 11]
Russia s gas output rose for the third month in a row in October but overall gas production in the first 10 months of the year fell, the Kommersant daily reported on Tuesday.
Europe and the LNG market look in good shape to weather this winter. Moreover, the expansion of regasification capacity globally, suggests LNG’s value as a key component in mitigating Europe’s energy crisis is gaining more weight than the risk of temporary exposure to price volatility. [Gas in Transition, Volume 3, Issue 10]