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Tuesday, 13 September 2016
The Government of India said the northeast river port of Kolkata has recently set aside 10 acres of land to build a liquefied natural gas terminal to mainly provide fuel for river barges and including a storage facility, associated pipelines and unloading arms.
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Tuesday, 13 September 2016
Anadarko Petroleum Corp., which recently said it would take a final investment decision on the Mozambique liquefied natural gas export project in southeast Africa when political and financial uncertainly ended, has agreed to buy Gulf of Mexico oil assets from Freeport-McMoRan Inc. for $2 billion to push ahead with its US…
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Tuesday, 13 September 2016
Global Infrastructure Partners (GIP), a US private equity firm, has agreed to buy a 20 percent stake in Spain’s Gas Natural Fenosa group, a leading liquefied natural gas operator, for 3.8 billion euros ($4.3Bln) from two current Spanish shareholders, energy company Repsol and the Criteria Caixa banking group.
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Monday, 12 September 2016
Tokyo Gas Co., the largest Japanese importer of liquefied natural gas among city-gas companies, said it received its first cargo from the Chevron-operated Gorgon export plant in Western Australia.
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Monday, 12 September 2016
Alaska Governor Bill Walker plans to visit South Korea and Singapore this month to tell Asian LNG buyers that the state is still open for business as a future producer, even as the major partners in the Alaska LNG joint venture have decided for now not to invest any more…
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Monday, 12 September 2016
Air Products, the world’s leading maker of liquefied natural gas processing equipment, has marked the roll-out of the first completed LNG heat exchanger manufactured at its new production facility in Manatee County, Florida.
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Monday, 12 September 2016
French energy company Total said its US subsidiary would exercise its pre-emption right to acquire the 75 percent interests in a Barnett Shale operating area located in North Texas held jointly with Chesapeake Energy, the second-largest producer of natural gas in the US after ExxonMobil.
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Friday, 09 September 2016
Santos Ltd., Australia’s third-biggest oil and gas producer with stakes in three LNG projects, has seen its shares plunge almost 20 percent in less than a month since it posted net losses of over US$1 billion as a leading bank says the company needs to borrow around $3.5Bln.
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Friday, 09 September 2016
Origin Energy, a stakeholder in the Australia Pacific LNG plant with China’s Sinopec and ConocoPhillips, named Frank Calabria as its next Chief Executive and Managing Director following the decision of incumbent Grant King to retire.
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Friday, 09 September 2016
Japan said the price of spot liquefied natural gas cargoes imported into the country in August averaged $5.40 per million British thermal units, lower than last month’s price and $2.30 per MMBtu down from the year-ago period as gas-fired power demand was at its lowest during the Northern Hemisphere summer.
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