The Nordic liquefied natural gas market is developing along small-scale distribution lines and with progress in the building of two import terminals at ports in Finland.
ExxonMobil Corp., one of the largest liquefied natural gas players, said natural gas was expected to meet about 40 percent of the growth in global energy needs and demand for the fuel will increase by 50 percent.
FMC Technologies, the Houston-based liquefied natural gas and energy company, said it signed an agreement with Woodside Petroleum for a venture that will help prolong the lifespan of the oldest Australian LNG plant.
Canadian liquefied natural gas projects are engulfed in a political storm almost as negative for energy investors as the oil price plunge as Conservative Leader Rona Ambrose opposes Liberal Prime Minister Justin Trudeau in the debate in Ottawa.
Quicksilver Resources Inc., whose Canadian subsidiary had planned a liquefied natural gas export project, said it successfully completed a Bankruptcy Court-approved auction of its US oil and gas assets.
Free ReadThe European Sener technology and engineering group said it has developed its own design of a liquefied natural gas bunkering vessel. Barcelona, Spain-based Sener said it had applied the knowledge acquired in more than 40 years of design, construction and operation of LNG regasification plants as well as in the…
Ophir Energy of the UK has signed an accord paving the way for the purchase by US energy services company Schlumberger of a 40 percent interest in the Fortuna floating LNG project offshore Equatorial Guinea.
Japanese annual liquefied natural gas imports fell 3.9 percent in 2015 and the nation saved almost $20 billion in costs because of the plunge in energy prices for the oil-linked, long-term LNG supply contracts.
Singapore Exchange (SGX) has launched new financial derivatives in the form of futures and swaps linked to its weekly index of spot prices for liquefied natural gas traded in the Asian market.
Golar LNG, the developer of three floating LNG projects in Africa and other ventures elsewhere, has signed an agreement with Schlumberger of the US, one of the world's largest oil and gas field service providers, to co-operate on the global development of stranded reserves for liquefied natural gas.