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Monday, 18 June 2012
Chevron Corp. has signed additional binding agreements with Tokyo Electric Power Co., the largest Japanese LNG buyer, for LNG offtake and equity interests in the Wheatstone project to be operated by the US major.
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Sunday, 17 June 2012
Leighton Holdings, the Australian construction and engineering company, said its work on the Gorgon LNG project was now worth around US$1.86 billion and it was making good progress on the various contracts.
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Friday, 15 June 2012
Royal Dutch Shell may make an improved offer for Cove Energy next week to try and snatch Cove's stake in a growing Mozambique LNG feed-gas resource from PTT of Thailand, with the shares on Friday hitting 2.65 pounds per share, higher than the 2.40 pounds per share PTT offer Cove…
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Friday, 15 June 2012
Cheniere Energy Inc. and its subsidiary Sabine Pass LNG have seen their credit ratings raised two notches following debt repayments and an improved outlook for huge project financing plans for the US LNG export industry.
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Thursday, 14 June 2012
Statoil of Norway and partner ExxonMobil have made their second large natural gas discovery offshore the East African country of Tanzania, underpinning the possibilities of an LNG project with a total of 8 trillion cubic feet of natural gas now in place so far.
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Thursday, 14 June 2012
Santos Chief Executive David Knox said he was transforming the Australian energy company through LNG, and according to his latest plans Santos could have stakes in two Floating LNG projects offshore northwest Australia after 2018.
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Thursday, 14 June 2012
ConocoPhillips said LNG exports to Japan have resumed from the Kenai LNG plant in Alaska for a temporary period after the US major suspended plans to mothball one of the world's oldest liquefaction facilities.
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Wednesday, 13 June 2012
LNG shipments grew by more than 10 percent last year and the LNG market now accounts for more than 32 percent of the global natural gas trade, according to the annual BP Statistical Review of World Energy just published.
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Wednesday, 13 June 2012
Japanese power utilities are buying and using more LNG for gas-fired electricity generation, with record amounts used last month to replace some of the capacity lost through the continued shutdown of nuclear power stations.
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Tuesday, 12 June 2012
Cheniere, developer of the Sabine Pass US LNG export project, has carried out an internal share transaction to release funds for US engineering company Bechtel to begin initial work under the engineering, procurement and construction contract.
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