LNG oversupply to last into mid-2020s

Liquefied Natural Gas (LNG) oversupply will last into the mid-2020s. That is according to a new study from Aurora Energy, which says this is likely to dampen the value of contracts in the market as LNG hits the bottom of its boom-bust cycle. The firm predicts weak demand is likely to prevent a swift recovery […]

Australia has “too much energy”

While Brits are worrying about an electricity crunch, our friends Down Under are experiencing the opposite. Australia has such a large “oversupply” of electricity that no new large thermal power stations will be needed for a decade, it was revealed today. The report from the Australian Energy Market Operator (AEMO) said it is the first […]