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Chevron Corp, the US major with huge LNG developments in Australia, has overhauled its trading activities by moving all other products into the Gas and Midstream division that currently handles LNG trading.
GasLog Ltd., the Monaco-based LNG carrier owner and operator, has taken delivery of its newest vessel, the "GasLog Shanghai" from Samsung Heavy Industries in South Korea and taking the number of ships under its control to 15.
A group of United States senators led by those from natural gas producing states has introduced a bipartisan Bill to Congress called - The Expedited LNG for American Allies Act of 2013 - to favour Japan as a recipient of the new US LNG export wave.
Malaysian energy company Petronas is to buy all the shares it doesn't already own in Malaysia International Shipping Corp. and delist the operator of 27 LNG carriers from the stock exchange to complete an overhaul of MISC, battered by the global shipping slump.
Royal Dutch Shell annual LNG sales volumes broke the 20 million tonnes barrier for the first time as output rose in Australia and on the Qatari liquefaction Train it has a stake in.
The Australia Pacific coal-seam-gas-to-LNG project in Australia involving ConocoPhillips, Sinopec and Origin Energy is now about 30 percent complete on both the upstream and downstream portions of the venture in Queensland.
Free ReadThe powerful Japanese Ministry of Economy, Trade and Industry has held a third meeting on the possible setting up of an LNG futures market in Tokyo and other gatherings are scheduled over the next two months. The meeting was on a consultative basis between officials from electric and gas utilities,…
Mitsui Osk Lines of Japan, one of the leading LNG carrier operators, raised its net losses forecast for the fiscal year more than seven fold to the equivalent of $1.9 billion because of the severe downturn hitting its sizeable dry bulker and tanker fleets.
Clough Ltd., the Australian engineering and construction contractor, said it acquired a small technical services firm currently working on the commissioning scopes for three LNG projects in Australia.
The worldwide LNG supply-demand balances will shift further from Europe and more towards Asia and South America in 2013, according to the latest natural gas and LNG market analysis from a New York City-based consultancy firm.