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Thursday, 10 March 2016
Northeast Asian demand for liquefied natural gas cargoes will remain suppressed in 2016 as more nuclear and coal-fired power plants start up in Japan and South Korea and new LNG production capacity comes on stream in Australia and elsewhere.
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Thursday, 10 March 2016
Ophir Energy of the UK said it progressed on all fronts on the Fortuna floating LNG project offshore the West African nation of Equatorial Guinea, even as it posted an annual loss of $376 million.
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Thursday, 10 March 2016
Amec Foster Wheeler, the energy and liquefied natural gas project contractor, returned a solid operational performance as it worked on LNG and feed-gas projects in Australia and Timor Este.
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Thursday, 10 March 2016
The Canadian province of British Columbia has introduced amendments that will streamline safety oversight for oil and gas facilities, including liquefied natural gas plants.
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Wednesday, 09 March 2016
Rolls-Royce, the UK company known for powering Airbus and Boeing passenger jets, has won a contract to provide a propulsion package for a liquefied natural gas-fueled Norwegian cargo vessel being built at a Turkish shipyard and to be delivered in 2017.
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Wednesday, 09 March 2016
Exmar, the Belgian LNG shipping and project development company has signed a settlement agreement with Pacific Exploration and Production, the successor company to the Pacific Rubiales and its Caribbean Floating LNG project in the South American country of Colombia.
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Wednesday, 09 March 2016
Japan said the price of spot liquefied natural gas cargoes imported into the country in February was $6.90 per million British thermal units compared with $10.70 per MMBtu in the year-ago period as the worst effects of the oil price slump began to level off in the LNG market after…
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Wednesday, 09 March 2016
Germany’s Linde has signed an agreement with a US-based liquefied natural gas equipment maker in Pennsylvania, the subsidiary of a Japanese company, to cooperate on small-scale and medium-sized liquefied natural gas production ventures.
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Tuesday, 08 March 2016
Japanese marine classification society Nippon Kaiji Kyokai, which has almost 60 liquefied natural gas carriers on its books, has named Koichi Fujiwara as its new Chairman and President.
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Tuesday, 08 March 2016
The Pacific NorthWest LNG project led by Malaysia’s Petronas said the Canadian Environmental Assessment Agency is accepting public comments until March 11 on its recently released draft environmental report on the venture, aimed at providing clean fuel for Asia, boosting the economy and creating jobs.
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