Lng Merger Urged As Low Oil Prices Bite And Exports Become Less Attractive

Tim Treadgold, Contributor, Forbes
Tue, 01/19/2016 - 6:59pm

Low oil prices are accelerating the urge to merge among petroleum producers with the latest speculated deal being a tie-up between two new producers of liquefied natural gas (LNG), Australian-based Santos and Origin Energy. Neither company has confirmed that they are talking but the logic behind a deal is compelling for [...]

NEXT
Topics:  lng   australian-based santos   origin   energy   oil prices   producers   deal   
BING NEWS:
  • Russia's LNG Expansion Plans Hit the Wall
    LNG exports to Europe rose by about 5% year-on-year in the first quarter of 2024. Russian oil production has remained strong despite sanctions imposed by Western countries in the wake of Russia ...
    04/26/2024 - 8:00 am | View Link
  • Woodside revenue falls from prior quarter on lower LNG, oil prices
    opens new tab posted a fall in first-quarter revenue on Friday compared with the previous three-month period due to lower realised oil and liquefied natural gas prices and flagged declining ...
    04/18/2024 - 2:33 pm | View Link
  • LNG Bunkering Sales Off to a Strong Start in 2024
    Ship-to-ship (STS) operations clearly favored Despite a significant surge in LNG prices in 2022, STS transfers accounted for 2.9 million cubic meters, driven primarily by a strong uptick in STS ...
    04/17/2024 - 11:00 am | View Link
  • Granholm talks LNG exports, grid, hydrogen and ethics
    And took flack from Chair Joe Manchin (D-W.Va.), who urged Granholm to “fix the craziness” over pending hydrogen guidance. In between those jousting sessions, Granholm found time to outline ...
    04/16/2024 - 11:19 pm | View Link
  • BMI Says Australia's LNG Exports Will Drop This Year
    Australia's liquefied natural gas (LNG) exports will drop this year ... to decline from an estimated 89-93 million barrels of oil equivalent (boe) in 2023 to 84-90 million boe in 2024,” they ...
    04/15/2024 - 12:00 am | View Link
  • More

 

NEXT
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

Movies With Butter More Movie News

More Business News