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Friday, 28 October 2016
Teekay Corp., the Canadian oil and gas shipping line with an LNG fleet heading towards 50 vessels, said President and Chief Executive Peter Evensen plans to retire in January to be replaced by Kenneth Hvid, currently head of Teekay Offshore Group.
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Friday, 28 October 2016
Belgian shipping company Exmar said it was continuing to discuss the acquisition by Royal Vopak of the Netherlands, the global petroleum storage company, of its LNG Floating Storage and Regasification Unit (FSRU) business.
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Friday, 28 October 2016
LNG Ltd., the Australian LNG project developer, said it was continuing to follow a marketing-led strategy for its two North American export projects on the US Gulf Coast and Canada and believes it can satisfy the front part of the 2021-2022 demand window.
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Friday, 28 October 2016
Air Products, the world’s leading supplier of liquefied natural gas process technology and equipment, reported net income from continuing operations of $402 million, up 16 percent compared with a year ago, as it continues to restructure and spin-off a second business.
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Thursday, 27 October 2016
Chart Industries, a leading manufacturer of liquefied natural gas and industrial gases equipment, said its main distribution and storage LNG business posted third-quarter revenue falls for LNG applications in Asia and the US, though Europe showed an increase.
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Thursday, 27 October 2016
French energy and LNG engineering company Technip said it was advancing strongly towards its merger with US peer FMC Technology amid stable revenues and progress on its Russian liquefied natural gas project and its two floating LNG ventures in the Asia-Pacific region.
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Thursday, 27 October 2016
Norwegian energy company Statoil, operator of the only European LNG export plant, said its third-quarter losses widened compared with last year as results were hit by low oil and natural gas prices, extensive planned maintenance and expensive exploration wells from previous periods.
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Thursday, 27 October 2016
Kinder Morgan, the largest energy infrastructure company in North America, is making preparations for the expected start in 2017 of construction work to transform the Elba Island liquefied natural gas terminal on the Atlantic coast of Georgia into an export plant.
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Thursday, 27 October 2016
Indian group Reliance Industries has taken delivery of the world's very first two ethane carriers to feature the storage technology previously only provided by French company GTT for liquefied natural gas carriers.
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Wednesday, 26 October 2016
French energy group and utility Engie said liquefied natural gas use as a shipping fuel is set to increase rapidly over the next 10 years as tougher restrictions on emissions are being considered at a meeting in London.
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