Petronet LNG, the state-backed owner of the largest Indian import terminal at Dahej in the West Coast state of Gujarat and a smaller facility at Kochi in the southwest state of Kerala and with plans for a third terminal, reported record quarterly earnings before tax while revenues plunged from a…
Intercontinental Exchange Inc., the leading global provider of energy trading platforms, said that global futures and options markets reached record open interest of 87.2 million contracts during late January 2024.
Free ReadExcelerate Energy, the leading US provider of floating storage and regasification units (FSRUs) and an LNG trader with increased demand from Europe and Asia, has now completed two long-term LNG supply accords focused on delivering more cargoes to Bangladesh and to integrate its business in the South Asian nation. Excelerate…
Tokyo Gas, one of the largest and longest-standing liquefied natural gas importers, has formed a joint stock company to proceed with an LNG import and power project in Vietnam at Thai Binh in the north.
Qatar Gas Transport Company, known as Nakilat and a global leader in liquefied natural gas shipping that is expanding its fleet to 80 ships through 2027, reported a more than 8 percent jump in annual net profits.
The US Department of Energy published its latest liquefied natural gas export data with the Netherlands as the leading destination for the first 11 months of 2023 while the leadership in highest prices remained with the Calcasieu Pass export plant in Louisiana.
Free ReadThe American Gas Association (AGA), the industry group representing over 200 utility companies delivering natural gas throughout the US, said the Administration of President Joe Biden has moved to block pending approvals of liquid natural gas export permits to please climate activists in an election year. “While hailed as a…
European and Asian liquefied natural gas prices declined again for the front month though were mixed further out for Europe as warmer weather returned to key regional markets to exacerbate the gas glut with storage still at record levels for the winter season.
Texas LNG, the liquefied natural gas export plant to be constructed by New York-based Glenfarne Group in the Port of Brownsville, has received its last regulatory clearances opening the way for a final investment decision.
Free ReadMcDermott, the US engineering and construction company, and energy and LNG technology company Baker Hughes, have completed the installation of subsea infrastructure at the Ichthys gas field in northern Australia linked to the liquefaction plant operated by Japan’s Inpex Corp. The contract was awarded to a McDermott and Baker Hughes…