
South Korea to lower LNG tax for power generation
South Korea plans to increase its tax on thermal coal, while lowering the tax on LNG to support the use of cleaner fuels for power generation.
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South Korea plans to increase its tax on thermal coal, while lowering the tax on LNG to support the use of cleaner fuels for power generation.

Total has announced that it has signed an agreement with KKR-Energas to acquire its two gas-fired combined cycle power plants in the North and East of France.

Royal Dutch Shell launched a long-anticipated US$25 billion share buyback programme on 26 July as its debt eased while second quarter profits came in far below forecasts.

Equinor said on 26 July that Q2 adjusted operating income rose from a year ago but missed forecasts due to higher maintenance costs at its Norwegian fields.

The US Energy Department on 25 July cleared the way for faster approval of small scale exports of natural gas including LNG to Latin American countries.

Investors should feel confident about BP’s, Eni’s and Shell’s increased wave of new project approvals during the recent downturn.

On a hot sunny day in July, Europe’s largest port is busy loading LNG onto a tanker, creating snow flurries during a heat wave.

Venice Energy aims to import LNG through Port Adelaide.

The world’s largest oil companies are pumping more natural gas than ever before.

Vopak will invest in Elenergy Terminal Pakistan Ltd.

Appetite for LNG to fade as reactors start up again.

Shell and its partner had already found a buyer and would build an LNG receiving terminal.