Daily News
Daily News (16516)
Children categories
Tuesday, 01 November 2011
Investors have more faith in the LNG business than they do in euro-zone countries and top LNG companies have better credit ratings than European nations such as Spain, Italy and Portugal. While countries such as Greece can't pay their electricity or phone bills, leading LNG companies are raising billions on…
Published in
Latest News
Tuesday, 01 November 2011
Marathon Oil Corp. said three-month LNG sales from its plant in Equatorial Guinea were 6,935 tonnes per day compared with 7,142 tonnes a day in the same period last year. Marathon gave the numbers in its first set of earnings since the company in June 2011 completed the spin-off of…
Published in
Latest News
Monday, 31 October 2011
Israel said it planned to have an offshore LNG import facility operating by the end of 2012 to meet its growing short-term natural gas needs before the nation's new large offshore discoveries can be piped ashore from the end of 2013. The terminal will be located in the Mediterranean 10…
Published in
Latest News
Monday, 31 October 2011
GDF-Suez, the French utility and LNG player, said it would provide China National Offshore Oil Corp., the biggest Chinese LNG importer, with a storage and regasification vessel to help in the setting up of an LNG import facility. The French company already has a contract to provide 2.6 million tonnes…
Published in
Latest News
Monday, 31 October 2011
GDF-Suez and China Investment Corp. officially signed their agreement covering CIC's 2.3 billion euros ($3.2Bln) investment in the French company's E&P division and the acquisition by CIC of a 10 percent stake in Train 1 of the Atlantic LNG liquefaction plant in Trinidad. The deal was formalized during a visit…
Published in
Latest News
Monday, 31 October 2011
Chevron Corp. announced further drilling success in the Carnarvon Basin offshore Western Australia that will further underpin its Wheatstone LNG project. The Acme West-1 well encountered about 377 feet (115m) of net gas pay, while the Acme West-2 well encountered 184ft (56m) of net gas pay, Chevron said.
Published in
Latest News
Friday, 28 October 2011
Mitsui OSK. Lines, the Japanese LNG carrier fleet operator, and the shipping arm of utility Osaka Gas said they had signed an agreement to co-own two new LNG carriers to be built in Japan. The two vessels will be built for the Japanese companies at the Mitsubishi Heavy Industries shipyard…
Published in
Latest News
Friday, 28 October 2011
RasGas, the Qatari LNG production company, signed an extension of a four-and-a-half-year supply agreement with the trading arm of European utility EDF for the delivery of cargoes to the Belgian LNG import terminal in Zeebrugge. This agreement is for the continuation of deliveries of up to 3.4 million tonnes per…
Published in
Latest News
Friday, 28 October 2011
The American Bureau of Shipping said it was further strengthening its ties to South Korea, the world's leading LNG carrier maker, by establishing the ABS Korea Energy Technology Center in the city of Busan in early 2012. This first ABS energy center will focus on applied research on a broad…
Published in
Latest News
Friday, 28 October 2011
The newest US LNG import terminal was officially opened in Mississippi and the owners say it has a future because of 20-year "firm service agreements for all of its capacity with a group of LNG producers, including several major oil and gas companies." LNG imports to the US have plunged…
Published in
Latest News
