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Drilling & production - 20 February 2012

 
 

Yemen LNG diverts more LNG cargos to Asia

Yemen LNG is to divert 20 cargos a year to Korea for the next three years to take advantage of the higher LNG spot prices as the US market has been depressed due to the impact of the shale gas discoveries there.

 

API on oil and gas royalty rates

The American Petroleum Institute say that raising oil and natural gas royalty rates is bad energy policy.

 

Coal, Cost and Culture: Time’s up!

February 2011: Time is usually regarded as a negative in any business endeavor – the quicker, the better. After all, time is money (right?). Balancing the ‘time required for sustainable change’ with a ‘schedule for change’ is almost always an exercise in conflict.