Daily News

Daily News (16509)

Children categories

Engie of France, one of Europe’s leading importers of liquefied natural gas that most recently shipped an annual 16.4 million tonnes of cargoes, has renamed its trading arm Engie Global Markets for LNG and other markets.
Total Chairman and Chief Executive Patrick Pouyanne has signed an agreement in Beijing with China National Petroleum Co. (CNPC) to extend their cooperation on energy and LNG projects, beyond those currently underway including the Yamal LNG project in Russia.
KBR, the US energy and liquefied natural gas engineering firm, was awarded a multi-phased contract for front-end engineering and design for the Canadian LNG export project controlled by Indonesian billionaire Sukanto Tanoto and his Pacific Oil and Gas company in the province of British Columbia.
Chevron Corp. has shipped its first cargo from the Gorgon LNG plant on Barrow Island off the northwest coast of Western Australia destined for one of the US major’s foundation buyers, the Japanese utility Chubu Electric Power.
The sultanate of Oman said it was rescheduling about 5 percent of its LNG cargo deliveries in 2016 as rising domestic demand affects the amount of feed-gas made available for the nation’s two LNG export plants.
Australia’s largest liquefied natural gas developer Woodside is unlikely to pursue any bargain acquisitions for now in the current oil price slump as one of its key executives prepares to retire.
A Canadian LNG export project controlled by Indonesian billionaire Sukanto Tanoto and his Pacific Oil and Gas company has taken the lead as the first venture in British Columbia likely to be developed after years of planning in the province.
Gasunie of the Netherland, the natural gas transmission company and joint owner of the Gate LNG import terminal in Rotterdam, has posted solid financial returns and said Europe was becoming increasingly popular as a market for LNG from all over the world.
Japanese LNG imports of long-term contract and other cargoes dropped last month and the average price was at $8.23 per million British thermal units, a more than 43 percent plunge on a year-on-year basis.
Skangas, a unit of Finland’s natural gas company Gasum, and the Lyse Group have signed an agreement for the sale of the Norwegian Risavika small-scale LNG production plant.