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Home > Latest

Lates News

date
27/03/2026
Woodsides spokesperson: Woodsides natural gas processing plant in Karratha has shut down due to Cyclone Narelle.
Latest
4 m ago
Cyclone attacks Australian factory, further reducing liquefied natural gas supply.
4 m ago
On Thursday, the US stock market fell sharply, with the Nasdaq Composite Index dropping more than 2% and falling nearly 11% from its high point on October 29 last year, entering a correction zone. That day, the Nasdaq and S&P 500 indexes also saw their largest single-day declines since January 20. US stock futures narrowed their losses after the close as President Trump announced he would temporarily halt attacks on Iranian energy facilities until April 6 at the request of the Iranian government. Ryan Detrick, chief market strategist at LPL Financial, said, "This conflict has really shaken investors' confidence. The Nasdaq's move further confirms the broad weakness we have seen persisting."
6 m ago
Bank of America Securities: lowers Stone Pharmaceutical Group's target price to 8 Hong Kong dollars, rating "underperforming the market"
6 m ago
The Tokyo stock market fell in morning trading on Friday, with the Nikkei 225 index dropping by more than 2% at one point. At the same time, uncertainty over whether negotiations on the Middle East conflict can reach an agreement caused a rise in crude oil prices, which in turn affected the performance of the stock market. Nomura Securities strategist Mark Savada said, "Given the high uncertainty of the current situation in Iran, we expect the market to adjust before the weekend."
7 m ago
Tropical cyclone "Narelle" has caused serious damage to the liquefied natural gas (LNG) industry in Western Australia, forcing major export facilities to shut down. As the storm moved along the coast, its intensity increased, leading to decreased production at several large factories that account for a significant portion of global LNG supply. Chevron confirmed that its Gorgon and Wheatstone LNG facilities on Barrow Island have stopped production due to the severe weather and safety regulations. This shutdown has also affected Woodside Petroleum's upstream gas supply at their North West Shelf facility, further exacerbating the impact on Australia's LNG export chain. These facilities collectively represent around 8% of global LNG supply, making this shutdown have a significant impact on the international energy market. With Qatar's previous shutdown and increased geopolitical risks in the Middle East, the global LNG market was already under pressure.
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