Qatargas has given more details of the rescue operation and ship-to-ship transfer of an LNG cargo between the 216,200 cubic metres Q-Flex LNG carrier the "Al Gharrafa" and the 216,000 cubic metres Q-Flex vessel, the "Al Ghashamiya", after the "Al Garrafa" collided with a container ship offshore Singapore.
LNG reloading has increased significantly over the last few years especially at European import terminals re-exporting to East Asia and South America, owing largely to significant price differentials between regional markets.
Malaysian energy company Petronas awarded the major engineering work for one of two Floating LNG projects it is developing to Japanese contractor JGC Corp. and Samsung Heavy Industries of South Korea.
AMEC, the UK-based engineering and construction company, said it entered into a definitive agreement to acquire LNG and energy engineering company Foster Wheeler for $3.3 billion in cash and shares.
Italian energy company Eni had annual LNG sales up more than 8 percent in one of the bright spots in its latest earnings that saw adjusted quarterly operating profits drop almost 30 percent to 3.5 billion euros ($4.8Bln) and down 34 percent for the year at 12.6Bln euros.
The US Department of Energy has 22 applications in its order of precedence from 15 separate projects for export permits for Non-Free Trade Agreement nations such as Japan, China and those in Europe.
Rio Tinto, the UK-based international mining group, has entered into an option agreement with Royal Dutch Shell's Canadian LNG project to lease a wharf and associated land at its port facility at the town of Kitimat in British Columbia.
The Government of the Canadian province of British Columbia praised China's participation in its developing LNG industry and said it would introduce a framework for LNG that includes taxation, environmental action and benefits for Native American tribes, known as First Nations.
Japanese LNG engineering company Chiyodo Corp. posted a 6 percent decline in nine-month net income compared with the same period the previous year but issued an upbeat assessment for 2014 and beyond for the LNG and natural gas industry.
Hyundai Merchant Marine, owner of eight LNG carriers and which operated the first South Korean carrier service launched in 1994 for Korea Gas Corp., is selling its LNG shipping business to an investment fund to help finance the Hyundai Group's debt repayments.