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Monday, 15 September 2014
GDF-Suez, the French LNG and energy player, said its Tractebel Engineering subsidiary has agreed to acquire the Germany-based engineers Lahmeyer amid industry consolidation because of high project prices.
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Monday, 15 September 2014
The Japan OTC Exchange has had a quiet first few days of trading with both buy and sell orders displayed on the online trading screen, but no Non-Deliverable Contracts changing hands because of the gap between bid and ask prices and the volatility of the market as Japanese LNG hit a two-year low.
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Monday, 15 September 2014
Chevron Chief Executive John Watson has explained in the Canadian energy capital, Calgary, the way forward for the Kitimat LNG project now that US peer Apache Corp. has decided to pull out.
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Friday, 12 September 2014
Tokyo Electric Power Co., the largest Japanese importer, has signed a sale and purchases agreement with the Singapore trading office of BP of the UK for up to 1.2 million tonnes per annum of LNG over 17 years and starting in April 2017.
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Friday, 12 September 2014
The US Maritime Administration has published a study on LNG use as a marine fuel and the related infrastructure and rules and regulations required as its adoption increases in North America.
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Friday, 12 September 2014
Linde Group, the German LNG equipment provider and project engineer, has been awarded its biggest liquefaction contract at the Woodfibre LNG project in Canada since providing the processing for Europe's first baseload plant that opened in Hammerfest in Norway in 2007.
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Thursday, 11 September 2014
The Japan OTC Exchange in Tokyo has been granted permission to begin trading from September 12 in LNG Non-Deliverable Forward Contracts to give the nation's cargo buyers a source of price hedging.
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Thursday, 11 September 2014
China LNG Group, a Hong Kong-listed company, has signed agreements to develop the use of the fuel in two areas of the Inner Mongolia Autonomous Region in North China, including the capital Hohhot and Ordos City, an area next to the Yellow River.
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Thursday, 11 September 2014
Carib Energy, a unit of Crowley Maritime Corp. of Jacksonville, Florida, was granted a 20-year licence by the US Department of Energy to export LNG to Non-Free Trade Agreement countries.
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Wednesday, 10 September 2014
GE Oil and Gas will provide both technology and capital to help speed up construction of the Freeport LNG) export project on Quintana Island in Texas being development by ConocoPhillips and US energy player Michael Smith.
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