LNG

Canada has started the first use of liquefied natural gas to fuel trucks at one of the country's largest open-cast mining operations in the province of British Columbia, backed by utility and fuel provider FortisBC.

Small exploration and production companies, LNG development projects and oil majors are all facing the same dilemma. Invest now for success in the future or cut spending and miss out on profits down the line. A leading Chief Financial Officer has just given his going-to-battle speech.

Wood Group of the UK has won its second front-end engineering design contract for the proposed Browse floating liquefied natural gas development offshore Western Australia involving Woodside petroleum and oil majors.

Ophir Energy of the UK said it had signed six preliminary agreements for the sale of cargoes from its Fortuna Floating LNG project offshore Equatorial Guinea in West Africa.