Free ReadNorwegian major Equinor and its partners in the Snøhvit Future project and Hammerfest LNG have awarded a construction and installation contract to domestic company Leonhard Nilsen & Sønner. The project partners of Equinor are Norway’s Petoro, Fance’s TotalEnergies, UK-listed Neptune Energy and Germany’s Wintershall Dea. The Snøhvit Future project includes…
Indian liquefied natural gas imports surged for another month by just over 12 percent and by more than 14 percent for the fiscal year so far, helped by lower prices and higher demand and despite more competition from increased output from Bay of Bengal domestic gas resources.
Asian liquefied natural gas demand is projected to increase in 2024 led by China even amid competition facing gas-fired power from electricity generated in the region by coal and with more pipeline gas heading for the Chinese border from Russia.
Kinder Morgan Inc. (KMI), the leading US pipeline feed-gas company for liquefied natural gas plants and a key energy infrastructure operator and developer, reported solid earnings and revenues for the fourth quarter and full year as pipeline projects and expansions advanced.
European natural gas prices have failed to be influenced by continuing attacks on shipping in the Red Sea in 2024 as weak fundamentals push natural gas price forecasts lower amid soft demand and record storage.
European major and LNG producer and pipeline gas supplier Equinor has been awarded 39 new production licences on the Norwegian Continental Shelf as the company pledges to find more essential oil and gas for its neighbours through 2050.
BP has named Canadian Murray Auchincloss as the new Chief Executive with immediate success after he had been fulfilling the role since September 2023 in an interim basis after the surpise departure of the former CEO.
Mexico-Pacific LNG has signed a third long-term Sales and Purchase Agreement with ExxonMobil’s Asian trading unit for an additional 1.2 million tonnes per annum of LNG from a liquefaction and export venture under development in the Northwest Mexican state of Sonora.
Free ReadMcDermott, the US energy and LNG engineering company, has been awarded an offshore contract from Malaysia Marine and Heavy Engineering for the Kasawari (Sarawak Gas Field) carbon-capture and storage (CCS) project located offshore Sarawak in East Malaysia. Under the scope of the contract, McDermott will perform transportation and the structural…
Trafigura, the commodities trading firm with offices in the main trading centres of the Americas, Asia and Europe, has signed a long-term liquefied natural gas agreement with the largest Canadian natural gas producer Tourmaline.