×

Warning

JUser: :_load: Unable to load user with ID: 8104

Daily News

Daily News (16509)

Children categories

Anadarko Petroleum, the US operator of the Rovuma Basin Area 1 offshore feed-gas assets that will underpin a huge onshore LNG development, said it continued to make progress with its partners on the remaining agreements and approvals that are required to support the venture and has held more talks with…
Lower oil prices are providing Canadian liquefied natural gas projects with a window of opportunity to become more competitive with US LNG plants which are already more advanced in development as many are already under construction, according to an industry analysis.
The US liquefied natural gas export plant scheduled to be first on stream, the Sabine Pass project in Louisiana with nameplate capacity of 27 million tonnes per annum, is now entering the final lap towards completion and expects to produce LNG by the end of 2015.
Chart Industries, the Cleveland, Ohio-based global provider of liquefied natural gas equipment and with several other businesses, posted net income for the first-quarter of 2015 down about 56 percent, though the company was awarded new contracts for two US LNG export ventures.
Japan’s LNG market is undergoing structural changes due to simultaneous internal and external forces, according to the latest market analysis. The outside forces include the rapidly changing crude oil and gas markets.
Royal Dutch Shell said first-quarter liquefied natural gas sales were little changed at 6.17 million tonnes but the Anglo-Dutch company said it intended to boost its LNG performance when it completed the $70-billion takeover of BG Group of the UK.
Statoil, the Norwegian energy company and operator of Europe's only large-scale liquefied natural gas production plant, swung to a first-quarter $4.7 billion loss because of challenging oil and natural gas markets.
Chevron Corp made a new natural gas discovery through an exploration well less than 100 kilometres northwest of Barrow Island offshore Western Australia where it is leading the development of the Gorgon LNG project.
Russian natural gas giant Gazprom posted 445 billion cubic metres of output last year though pipeline supplies to Europe dropped by over 9 percent amid the Ukraine crisis while LNG cargo sales more than doubled.
Former BG Group liquefied natural gas supremo Martin Houston, whose Parallax Energy firm is planning an LNG project near Lake Charles in Louisiana, has taken over another LNG development company planning a plant on the banks of the Mississippi River.