Chevron Corp. Chief Executive John Watson said the Gorgon LNG venture in Australia was currently the most important in the US major's portfolio of projects and some commissioning of systems had begun for the liquefaction plant start-up scheduled for mid-year.
It is widely believed that China’s LNG and natural gas demand is approaching a plateau after a government commission raised prices. These prices may now be set to fall with China experiencing the lowest growth of LNG imports since 2006 when the first LNG cargo arrived in the southern Guangdong…
Wood Group Kenny (WGK) won a contract from Australia's Woodside Petroleum to provide the front-end engineering design of the flowline system and support for the proposed Greater Western Flank Phase 2 development, one of several ventures underway to help prolong the life of the North West Shelf LNG plant at Karratha.
The Ichthys LNG project in Australia, being developed by Japan's Inpex Corp. and France's Total, has started drilling at the offshore Ichthys natural gas field in Western Australia that will provide feed-gas for the liquefaction plant being built near the port of Darwin in the Northern Territory.
Former BG Group senior executive Martin Houston has launched his own US liquefied natural gas export project near Lake Charles on the west bank of the Calcasieu River in Louisiana, close to two other ventures, one involving his former employers.
BG Group of the UK, one of the leading global LNG companies with 178 cargo deliveries in 2014, still posted a net loss of $5.77Bln for the fourth quarter compared with a net loss of $1.98Bln in the same period a year earlier as it made provisions and took a…
Dominion Cove Point LNG has filed its first status report to the Federal Energy Regulatory Commission since the go-ahead was given to start construction work on the transformation of the state of Maryland import terminal on Chesapeake Bay into an export plant.
Anadarko Petroleum, the US energy company with huge natural gas reserves offshore Mozambique, has posted big 2014 losses linked to a legal settlement but said it was advancing its large-scale LNG project with its licence partners in the southeast African nation with 8 million tonnes of cargoes per annum already…
ExxonMobil Corp., the largest listed energy company, completed a record eight major upstream projects during the past year, including the Papua New Guinea liquefied natural gas project, which helped offset falling profits in the fourth quarter caused by lower oil prices.
Delek Group of Israel, a main stakeholder with Noble Energy in the East Mediterranean Leviathan natural gas field, said a provisional plan to supply pipeline volumes to Cyprus has expired, though feed-gas for an LNG project on the island could still come from another field.