Qatar Gas Transport Company, known as Nakilat and a global leader in liquefied natural gas shipping that is expanding its fleet, reported increasing net profits and revenues amid regional and global logistical and security disruptions.
Free ReadVenture Global LNG, the developer of the Plaquemines export plant on the Mississippi River, expects in new regulatory filings to begin production around mid-2024 at the eighth US LNG export facility and the second plant owned and operated by Venture Global. The Arlington, Virginia-based company has requested approval from the…
ExxonMobil Corp. and Chevron Corp. reported first-quarter declines in profits and revenues on lower natural gas prices while both are advancing with their major takeover transactions amid a pre-emption dispute over key assets in the new South American oil and gas hub of Guyana.
European and Asian liquefied natural gas prices declined this week in the absence of geopolitical dramas and as markets adapted to a mixed gas storage picture amid continued market management attempts by the European Union.
Free ReadGaztransport and Technigaz (GTT), the French LNG storage technology company, has increased its annual list of patent applications made to the Patent and Trademark Office in France, l’Institut National de la Propriété Industrielle. The GTT group said it filed a total of 64 patents in 2023, an increase compared with…
TechnipFMC, the US oil and gas services company, reported increased profit and revenues as well as a rising backlog of contracts covering areas such as South America, the Gulf of Mexico and Europe.
Equinor, the Norwegian LNG exporter and main supplier of pipeline natural gas to Europe, reported a 46 percent drop in net income as oil and gas prices declined, with pipeline gas values falling to under $9.50 per million British thermal units.
The US Department of Energy issued its April 2024 liquefied natural gas and pipelines export and import data report with France as the leading destination for LNG shipments while the leadership in highest prices remained with the Calcasieu Pass plant in Louisiana.
Woodside Energy, the key supplier of LNG to North Asia from two operated plants in Western Australia, has shrugged off the rejection at its annual meeting in Perth of a non-binding vote on its climate change policies as several politically-motivated pension funds and advocacy groups voted against it as not…
Free ReadItalian energy company Eni has reached an agreement on the combination of substantially all of its upstream assets in the UK with Ithaca Energy to significantly strengthen its presence on the Continental Shelf of the UK, a significant LNG importer. Eni is one of the most dynamic oil and gas…