Reduced LNG demand due to economic slowdown has led to delays in FIDs

Reduced LNG Demand Due to Economic Slowdown Has Led to Delays in FIDs

Texas Mutual

Weak economic outlook fueled by the COVID-19 pandemic has led to a fall in oil and gas prices and weakening liquefied natural gas (LNG) demand, prompting LNG exporters to revisit their strategies and capital expenditure (capex) plans for 2020, says GlobalData, a leading data and analytics company. LNG companies have…

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3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

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