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Friday, 16 October 2015
Stolt-Nielsen, the Norwegian tankers, terminals and logistics company, said its subsidiary Stolt-Nielsen Gas purchased a stake in the Sardinian LNG project in Italy, bringing a small-scale facility to a nation with three large-scale terminals already.
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Thursday, 15 October 2015
For the previous 10 years LNG demand, especially in Asia, appeared to be limitless. Now as 2016 approaches the market is over supplied and the glut is seen lasting into 2020 and beyond.
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Thursday, 15 October 2015
UK company Bestobell Marine, a supplier of cryogenic globe and check valves for ships and other appliactions, has obtained full type approval for its equipment from the four main international class societies.
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Thursday, 15 October 2015
The Canadian equity fund-backed Floating LNG developer with two projects on the US East Coast and in the UK said it was delighted that its venture offshore New Jersey had been approved by regulators.
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Thursday, 15 October 2015
Australia's largest liquefied natural gas producer, Woodside Petroleum, posted third-quarter LNG earnings down more than 49 percent at US$713 million compared with US$1.39Bln in the same three months a year ago as oil-linked and spot market prices tumbled.
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Thursday, 15 October 2015
The Canadian province of British Columbia opened its three-day annual conference in Vancouver on liquefied natural gas with five export projects markedly moving forward and 15 others still on the horizon.
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Wednesday, 14 October 2015
The LNG carrier "Al Oraiq", involved in a collision with a cargo ship which sank off the Belgian coast, was scheduled to arrive in the UK port of Belfast on October 15.
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Wednesday, 14 October 2015
US oil and gas company Antero Resources, with stakes in the Marcellus and Utica Shales, said it signed a 10-year agreement with the US unit of Japanese utility Chubu Electric Power to provide feed-gas for processing and export from the Freeport liquefaction plant in Texas.
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Wednesday, 14 October 2015
Spanish LNG operator Gas Natural Fenosa has increased its stake in Metrogas of Chile, lifting its shareholding to more than 60 percent in the utility that also holds 20 percent of the South American country's Quintero liquefied natural gas import terminal.
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Wednesday, 14 October 2015
ExxonMobil Corp. is expanding its Singapore operations to market more liquefied natural gas in the Asia-Pacific region, including from its own projects in countries such as Australia and Papua New Guinea.
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