Daily News
Daily News (16467)
Children categories
Tuesday, 01 May 2007
Marathon Oil Corp, the US energy company developing the Equatorial Guinea LNG project to ship offtake from West Africa to Lake Charles, Louisiana, said first-quarter 2007 net income was $717 million, slightly down on the $784M posted in the same three months of 2006.
Published in
Latest News
Tuesday, 01 May 2007
Demand for LNG is growing particularly rapidly in Asia and on a global basis the fuel is now on an energy parity with crude oil as the market matures, said John Charles Ellice-Flint, Managing Director of Australian company Santos, which has interests in two liquefaction projects.
Published in
Latest News
Monday, 30 April 2007
KBR of the US, Japan's JGC Corp., Technip of France and Italy's Snamprogetti have executed a contract with Nigeria LNG for the preparation of project specifications and front-end engineering and design for expansion of the Bonny Island liquefaction plant that includes the eventual building of the world's two largest production…
Published in
Latest News
Monday, 30 April 2007
Algeria said it planned to increase natural gas exports by a third to 83 billion cubic metres per annum from 2010 and half of the overseas sales would be LNG, said Algerian Energy Minister Chakib Khalil
Published in
Latest News
Monday, 30 April 2007
Israel's cabinet has voted to open negotiations with BG Group of the UK on the purchase of natural gas from a field off the Gaza Strip that would provide royalties for the Palestinian Authority.
Published in
Latest News
Monday, 30 April 2007
Tokyo Electric Power Co. (Tepco) said it hoped to buy 17.5 million tonnes of LNG in fiscal 2007, an increase of more than 4 pecent on the previous year, and will include 500,000 tonnes of cargo purchases on the LNG spot market.
Published in
Latest News
Friday, 27 April 2007
Cheniere Energy, the US LNG terminal developer, said its marketing arm and Gaz de France have entered into two Transatlantic LNG option agreements to establish a framework of sales and purchases of LNG into the European and North American markets.
Published in
Latest News
Friday, 27 April 2007
ExxonMobil, the world's largest company by stock market value and a leading LNG producer, has posted first-quarter 2007 profit of $9.28 billion, a rise of 10 percent, on higher LNG volumes from Qatar and a boost in refining and marketing income, which offset a slowdown in oil earnings and natural…
Published in
Latest News
Thursday, 26 April 2007
The Petronas-owned Malaysia LNG complex in Bintulu, Sarawak, plans to boost its 23 million tonnes per annum output of LNG from Dua LNG by 4.6 MTPA, or 20 percent, by upgrading three process Trains to handle extra production from next year.
Published in
Latest News
Thursday, 26 April 2007
An LNG production project involving US investment bank Merrill Lynch and several partners, and located in the Pacific state of Papua New Guinea, is making progress.
Published in
Latest News
