Mitsui OSK Lines, the Japanese shipping company, continues to increase its liquefied natural gas fleet to over 90 owned and operated vessels to deliver shipments to Japanese utilities from Australia and eventually from the US and Russia.
The US$54-billion Gorgon liquefied natural gas project on Barrow Island offshore Western Australia is advancing towards shipping its first cargo around February 2016 as it awaits the arrival of a cool-down shipment.
Baker Hughes, the energy services company famous for its rig counts that take the weekly pulse of the industry, is still immersed in antitrust negotiations more than a year after its planned merger with Halliburton was first revealed.
Former Cheniere Energy Chief Executive and Chairman Charif Souki said the first cargo from the Sabine Pass LNG export plant would leave the Louisiana facility in the third week of January, while adding that he intended to exercise his right to stay on the board of directors for now as…
The three-year European Union project based around liquefied natural gas, called the "LNG Masterplan", was holding its closing celebrations in the Dutch port of Rotterdam as the promotion of LNG moves on to the next phase.
The United States has added four more countries to its list of those with technically recoverable shale gas and oil resources. The additions are the liquefied natural gas producers, the United Arab Emirates and Oman, as well as Chad in West Africa and the Central Asian republic of Kazakhstan.
Delek Group of Israel said its plans were on track for developing the Leviathan natural gas field in the East Mediterranean and it has signed letters of intent to supply customers in Israel, Jordan, Egypt and the Palestinian Authority.
Trafigura, the global commodities and energy trading company, said liquidity in the global LNG market grew in 2015 as new supplies from Australia, Indonesia and Papua New Guinea coincided with the emergence of new LNG buyers such as Egypt, Pakistan and Jordan, boosting its own sales.
Royal Dutch Shell and BG Group of the UK confirmed the receipt of unconditional merger clearance from the Chinese Ministry of Commerce, allowing the $70-billion transaction to move on towards its completion early in 2016 as more details were released on job losses and office sharing.
Mubadala Petroleum of the United Arab Emirates, a producer of liquefied natural gas since 1977, has signed an agreement with China National Petroleum Corp. to cooperate on LNG and oil and gas exploration and production in the Middle East and Southeast Asia.