Latest News (16376)
Children categories
A US appeals court has overturned a ruling by the Federal Energy Regulatory Commission allowing the expansion of the Cove Point LNG import terminal in the state of Maryland that is only months away from completion.
Australia’s Northern Territory Chief Minister Paul Henderson has called an early election next month and said the main issue was for voters to support the $12 billion Ichthys LNG liquefaction project proposed by Japan’s Inpex and France’s Total.
Australian energy company Santos confirmed receiving regulatory approval for Malaysian state energy company Petronas to become a 40 partner in a coal seam-gas-to-LNG project near the port of Gladstone for an initial payment of US$2 billion.
Hess Corp., the New York-based energy explorer, announced its second natural gas discovery in two months in Australia's North West Shelf, location of the country’s main LNG infrastructure.
Construction has started on Mexico’s third LNG import terminal, the $900 million Manzanillo project that previously signed two key deals to reduce development and operational risk.
Woodside Petroleum Chief Executive Don Voelte has criticized Australia’s plans for a carbon emissions trading scheme, saying it threatens multi-billion LNG projects because the industry does not pollute enough to qualify for free carbon permits.
Woodside Petroleum said LNG output rose about 3.5 percent to 32,648 tonnes a day at its Northwest Shelf Venture during the second quarter, though production was hit by a shutdown of Train I and Train 4 will be taken offstream next month for maintenance.
CB&I, the US LNG contractor, has taken a charge of $317 million in the second quarter for cost overruns at two UK LNG projects, blaming poor sub-contractor performance, low labour productivity and an “increasingly difficult trade union environment.”
Golar LNG, the Bermuda-based carrier and regasification vessel owner and project investor, said it has agreed to join with Bluewater Energy Services of the Netherlands to bid for the provision of an offshore LNG import facility to South Africa’s PetroSA.
Bechtel Corp, the US LNG engineering firm, has won the contract to build the first coal-seam gas-to-LNG plant at a cost of around US$8 billion for BG Group of the UK and Queensland Gas Co. of Australia near the Australian port of Gladstone.
