North American LNG sector continues to struggle against weak economic outlook and COVID-19 outbreak

North American LNG Sector Continues to Struggle Against Weak Economic Outlook and COVID-19 Outbreak

StocExpo

Reduced demand due to economic slowdown, coupled with the COVID-19 outbreak, has led to cancellations of long-term liquefied natural gas (LNG) supply contracts and cargo deferments by importing counties. This has led to low utilization of liquefaction capacity, primarily in the U.S. – one of the key suppliers of the…

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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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