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Woodside Petroleum said the Chevron-operated Wheatstone liquefied natural gas project being constructed onshore Western Australia has been delayed by about six months until mid-2017.
Air Products, the world's leading supplier of liquefied natural gas process technology and equipment, has weathered the energy storm well by reporting quarterly net income of $387 million, an increase of 15 percent, as it cut costs and raised prices.
Exmar, the Belgian LNG shipping company and project developer, expects delivery of its Floating LNG production hull from its Chinese shipyard in the second quarter and is seeking alternative employment for the vessel after the original Caribbean venture was cancelled.
Origin Energy, the upstream supplier for the Australia Pacific LNG plant in Queensland, a joint venture with ConocoPhillips and China's Sinopec, reported strong fourth-quarter production that helped enable its deliveries to China.
GasLog Partners, the US unit of the Greek-controlled liquefied natural gas carrier company, said the LNG shipping sector was set to benefit from delivering greater volumes from new projects, the imminent aditional traffic from the US and the restart of the Angola plant in southwest Africa.
Danish shipping company Evergas said it took delivery of its fourth 27,500 cubic metres capacity multigas LNG carrier it ordered under a construction programme in China.
The price differential between the US Henry Hub benchmark and natural gas from the main shale-gas plays that will provide the surplus to enable America’s LNG export plant build-out has narrowed in recent months.
Stolt-Nielsen, the Norwegian-listed global tankers, terminals and logistics company, has postponed a liquefied natural gas project in the Canadian province of Quebec and delayed an investment decision on another on the Italian island of Sardinia because of the energy downturn.
The Government of Gibraltar has begun the environmental review process for its first liquefied natural gas import and storage terminal that will be linked to a gas-fired power project.
Clough of Australia has won a second contract in successive days for the Ichthys LNG project. It has been chosen to hook up the Floating, Production, Storage and Offloading platform offshore northwest Australia after previously being chosen to provide hook-up services for the venture's Central Processing Facility in the same area.