South Korea's refinery runs stood at 25 mmb/d in July, up 4.9% from a year ago and the highest level in 2014. However, this y-on-y increase obscures the fact that the country's run rates were in a slump for most of 2013, and the latest values are...  +

In May 2014, the Egyptian Gas Company (EGAS) signed a letter of intent (LOI) with Hoegh LNG to charter a floating storage and regasification unit (FSRU) starting in September, with the intent of importing LNG for a period of five years. The FSRU ...  +

Excluding North Africa, there are LNG export developments underway in five different African countries - but few are likely to make headway before the end of this decade. Considerable regulatory uncertainty has stymied the developments of new pro...  +

FGE Chairman, Dr. Fereidun Fesharaki and FGE President Dr. Jeff Brown are to hold high level meetings in Singapore, week commencing 29th September, 2014. Of those taking place, Dr. Feharaki and Dr. Brown will be meeting with three Energy Minister...  +

LONDON (September 19, 2014) - FACTS Global Energy (FGE) has been selected as LNG commercial consultants to the Government of Pakistan. Under the mandate, FGE will provide market analysis, strategic advice and negotiation support to help Pakistan s...  +

TOKYO, JAPAN (September  5, 2014) - FGE is pleased to announce the official opening of its new Representative Office in Tokyo, Japan, which opened its doors for the first time on September 1, 2014. The new office will be led by Dr. Tomoko Hosoe, M...  +

The downing of a civilian aircraft in eastern Ukraine prompted a major shift in EU policy on sanctions. The USA and the European Union introduced in late July a new round of sanctions against Russia, marking a significant escalation from the prev...  +

Saudi Arabia has cut OSPs to its Asian buyers for its main grades, for the second consecutive month in September. Saudi production has been declining, and could fall further given the stiff competition from Iraq, Iran and Libya. Asian crude deman...  +

Premiums for naphtha spot cargoes into North Asia have fallen sharply, coinciding with the decline in naphtha cracks over the past month. September loading cargoes changed hands for premiums of $8.50/mt in late July, but fell to $5/mt in the firs...  +

Vietnam will build its first nuclear power plants and Southeast Asia's largest oil refinery with billions of dollars of foreign support, as part of plans to meet the country's soaring demand for power. More overseas energy companies are angling fo...  +