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Delek Group, the Israeli LNG project developer and natural gas producer in the Eastern Mediterranean, said third-quarter net income rose amid record production from the Tamar gas field.
The US is currently shipping its second liquefied natural gas cargo to an import terminal in China as the Sabine Pass export plant in Louisiana heads for record shipments with three Trains completed.
Carib Energy, a subsidiary of US shipping line Crowley Maritime Corp., has been given approval to export LNG in containers on board cargo ships to any country in Central America, South America or the Caribbean and with the fuel supplied by small-scale plants in three states in the US southeast.
With only two liquefied natural gas export projects fully approved in British Columbia from about 20 proposed, the Canadian Energy Research Institute has conducted a review and identified nine key strategies for developers to tackle environmental concerns, though with protests multiplying and mitigation measures so numerous and costly the ventures are likely…
Tellurian Investments Inc., the development company of former Cheniere Chief Executive Charif Souki and his Driftwood LNG project, said General Electric’s oil and gas subsidiary had made a $25 million preferred equity investment in Tellurian.
Italian energy company Eni has agreed to sell to BP a 10 percent stake in the Shorouk concession in Egyptian waters of the East Mediterranean for up to $500 million, making the UK company a partner in the “supergiant” Zohr field that will impact regional LNG supplies when it comes on…
Delek Group, the Israeli developer of the Leviathan natural gas project in the East Mediterranean to supply Israel and neighbouring countries, has signed a first phase financing deal for up to $1.75 billion to start development of the Leviathan project.
IM Skaugen, the Norwegian operator of small-scale LNG carriers and other fuel vessels, reported a net loss of $13.36 million for the third quarter of 2016 compared with a profit of $4.27M in the year-ago period as it continued to pursue LNG projects.
French energy company Total said it had now formally become the operator of the planned floating liquefied natural gas import terminal venture being developed for the West African nation of the Ivory Coast.
The Canadian National Energy Board has added to the uncertainty in the natural gas market by declining a request by the largest pipeline company, TransCanada, to amend its tariff for storage transportation on the Canadian Mainline Gas system amid LNG project postponements and plunging prices.