Oil prices fell over 2% on Tuesday after Ukraine hinted that an intense diplomatic push by the U.S. administration to end Russia's war against it could be yielding fruit.An end to the war in Ukraine could pave the way for the unwinding of Western sanctions against Moscow's energy trade, potentially adding more supply at a time when prices have been battered by expectations of a glut next year.
Italian energy giant Eni has held the sail away ceremony for the Nguya floating liquefied natural gas (FLNG) unit in Shanghai, which is set to depart for Congo LNG project in the Marine XII concession, offshore the Republic of Congo.The Nguya unit, 376 meters long and 60 meters wide, will be moored at a depth of 35 meters and used for liquefied natural gas production.
The development Argentina’s vast Vaca Muerta share is transforming the nation into a rising energy exporter, with oil and pipeline gas already flowing abroad and an ambitious multi-phase ‘Argentina LNG’ initiative aiming to secure a permanent place in the global liquefied natural gas (LNG) market.
The liquefaction of natural gas onboard the Tango floating liquefied natural gas (FLNG) unit at Eni’s Congo LNG project has exceeded the guaranteed levels.Following the monitoring of the liquefaction of natural gas onboard the Tango FLNG, the actual production of LNG has exceeded the guaranteed levels, with an adjusted annual equivalent production in excess of 0.