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Tuesday, 15 November 2016
Woodside Petroleum, operator of two liquefied natural gas production plants in Western Australia, has completed the transaction with Australian resources company BHP Billiton worth up to US$400 million to acquire half of its gas assets in the offshore Scarborough field and the Carnarvon Basin for future LNG production.
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Monday, 14 November 2016
Japan says the LNG market has not even begun to show signs of rebalancing in the midst of record oversupply and with more volumes to come on stream over the next three years in North America and the Asia-Pacific region.
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Monday, 14 November 2016
Cheniere Energy, owner of the Sabine Pass LNG plant in Louisiana, has started the pre-filing process with regulators for a fast-track greenfield pipeline project to bring shale-gas from the Woodford Shale in Oklahoma to export as LNG from the Gulf Coast.
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Monday, 14 November 2016
Australian liquefied natural gas export values climbed to a 22-month high as more cargoes were shipped at higher prices to nations such as Mexico in the backyard of the US, one of Australia’s LNG market rivals.
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Monday, 14 November 2016
Qatar’s liquefied natural gas marketing company will supply 1.3 million tonnes per annum of cargoes to the largest gas power plant in Latin America being built in Sergipe, the smallest state in Brazil, located in the northeast of the country.
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Friday, 11 November 2016
Australian energy company Santos, a stakeholder in three Asia-Pacific liquefied natural gas projects, said Chinese equity firm Hony Capital had increased its shareholding in the Adelaide-based oil and gas business operator.
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Friday, 11 November 2016
ConocoPhillips Chief Executive Ryan Lance said US President-elect Donald Trump recognizes and appreciates that there is a revolution going on in the energy business in North America and elsewhere.
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Friday, 11 November 2016
UK company Ophir Energy has signed a joint venture agreement to develop the Fortuna floating liquefied natural gas project offshore Equatorial Guinea in West Africa with shipping company Golar and oil services firm Schlumberger to produce free-on-board cargoes priced at around $6 per million British thermal units.
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Thursday, 10 November 2016
Japan said the average price of spot liquefied natural gas imported into Japan that was contracted in October was $6.10 per million British thermal units, a rise of $0.40 per MMBtu from the previous month.
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Thursday, 10 November 2016
The US Federal Energy Regulatory Commission has issued a letter authorizing Cheniere Energy to proceed with commissioning of its third production Train at the Sabine Pass export plant in Louisiana, opening the way for the selling of more spot cargoes on the LNG market.
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