Daily News
Wednesday, 19 August 2020
Flex LNG has announced a net loss of $6.7 mill and loss per share of $0.12 for the second quarter 2020.
Free ReadAn increase in Chinese US LNG purchases has been a welcome development for US exporters. However, the volume increases might not be enough as top Chinese and…
Wednesday, 19 August 2020
On Monday, US natural gas futures slipped back from an eight-month high recorded last week.
Tuesday, 18 August 2020
The number of LNGCs used for floating storage is expected to drop.
Tuesday, 18 August 2020
Free ReadThe Australian North West Shelf (NWS) project partners have agreed non-binding key principles for processing third-party gas through the project’s facilities. This involves gas from the Pluto…
Tuesday, 18 August 2020

Indian LNG importer Petronet LNG has reported a 43% rise in profit before tax (PBT) for the first quarter of fiscal year 2020/2021.

Monday, 17 August 2020
GAIL (India) Limited recorded a turnover of Rs12,060 crore, profit before tax (PBT) of Rs356 crore and profit after tax (PAT) of Rs256 crore for the first…
Free ReadAsian spot LNG prices rose to a more than a six-month high last week on concerns over production from Australia’s Gorgon plant and buyer demand in the…
US LNG exports increased last week.
Lower oil prices had a significant effect on Australian LNG with extended maintenance, and continued cargo deferrals, lower prices, and asset write-downs, according to EnergyQuest’s July report just…
Free ReadGolar has reported a second quarter 2020 operating income of $28.4 mill, compared to an operating income of $21.2 mill in the previous quarter. Total operating revenues…
Islamist militants, believed to have with links with the terrorist group Islamic State, have seized Mozambique’s Mocimboa da Praia port.
CSSC Hudong-Zhonghua Shipbuilding is to build China’s first membrane fitted land LNG storage tank.
In a cost cutting exercise, Tellurian plans to build only one of four proposed pipelines during the first phase of its Driftwood LNG export project.
Free ReadLNG and LPG owner Teekay LNG Partners has reported a GAAP net income of $44.9 mill and GAAP net income per common unit of $0.46 for the second…
India’s largest gas importer, Petronet LNG Ltd (PLL), claimed that its term LNG deals are in place and there were no cancellations.
Wednesday, 12 August 2020
Henry Hub gas prices are forecast to rise in the third and fourth quarters of this year, despite lower estimates for natural gas production during the same…
Wednesday, 12 August 2020
Free ReadUS natural gas (natgas) futures rose yesterday almost reaching their highest since December. This was on the back of a daily reduction in output, forecasts for hot…
Sovcomflot’s (SCF) Arc7 ‘Christophe de Margerie’ has completed trial operations at NOVATEK’s Kildin Vostochny temporary anchorage transhipment complex off Kildin Island in the Barents Sea.
Tuesday, 11 August 2020
Sempra LNG’s Cameron LNG export facility in Hackberry, Louisiana has started full commercial operations under Cameron LNG's tolling agreements.
Kinder Morgan has been given the green light by US regulators to start operating another liquefaction train at the Elba Island LNG export plant in Georgia.
Tuesday, 11 August 2020
Free ReadFollowing growth of more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the Covid-19 pandemic reduces energy consumption…