Australia Pacific LNG plant stakeholder Origin Energy, which recently took a charge of US$1.45 billion as a write-down mainly on APLNG, has posted earnings showing wider fiscal first-half losses.
British Columbia Premier Christy Clark said benefit deals linked to LNG projects signed with two native North American First Nations were a milestone for the natural gas future of the Canadian province.
The US Driftwood LNG company of former Cheniere Energy Chief Executive Charif Souki has made its debut at an energy conference run by an investment bank and pitched its low-cost Louisiana plant of 20 small-scale Trains with a breakeven delivered cargo price of $7.74 per million British thermal units.
The French energy company Engie has taken delivery of a joint venture bunkering vessel to be based at the Zeebrugge liquefied natural gas import terminal in Belgium to lead the development of the LNG fuel market for shipping.
Air Products, has sent a blistering letter to the board of Chinese acquisition target Yingde Gases Group about recent public disclosures made by Yingde and has forwarded a copy to the US stock exchange regulator, the US Securities and Exchange Commission.
Origin Energy, the Australian energy company undergoing a restructuring to adapt to the industry downturn, said it was taking an impairment charge mostly related to its main liquefied natural gas stake, the Australia Pacific LNG plant in Queensland, of around US$1.45 billion.
Tamrotor Marine Compressors, the Norway-based equipment supplier, was awarded a contract by Golar LNG to supply a compressed air system to the former conventional carrier “Hilli” being transformed into a floating liquefaction production hull in Singapore.
Enagas, the Spanish natural gas transmission network operator and LNG terminal owner, posted a small increase in annual net profits as the nation’s demand rose for a second consecutive year and more winter LNG cargoes were imported.
The Geneva, Switzerland-based International Standards body has published its new ISO 20519 standard for ships and marine technology relating to bunkering of liquefied natural gas-powered vessels.
The chief executives of Italian energy company Eni and UK major BP have held a signing ceremony with the Egyptian government in Cairo, completing the sale of a 10 percent stake to BP for around $500 million in the “supergiant” Zohr field that will impact regional LNG trading when it…