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Excelerate Energy, the leading US provider of floating storage and regasification units (FSRUs) with increased demand from Europe and South America, has signed a contract to charter an FSRU to Brazil’s state-owned energy company Petróleo Brasileiro (Petrobras) for 10 years.
The US Department of Energy has published its latest LNG export data showing more cargoes pointed at both Europe and North Asia with the Netherlands and Italy being the most favoured monthly destinations in the European Union just before the spike in prices.
Marathon Oil Corp. has entered into a five-year firm liquefied natural gas sales agreement with Glencore Energy UK for a portion of its equity natural gas produced from the Alba Field offshore the West African nation of Equatorial Guinea.
Golar LNG Ltd, the shipping company now specialising in a small but growing fleet of floating liquefied natural gas production and import project vessels, said the “Hilli Episeyo” had seen its 100th cargo lifted from offshore Cameroon in West Africa.
Deutsche ReGas GmbH, the German owner of the floating LNG terminal at the Baltic Sea port of Lubmin and with another floating terminal set to start at the nearby port of Mukran, said it would hold an open season in November for short-term capacities.
Free ReadCrescent Petroleum, a leading energy company in the LNG-producing nation of the United Arab Emirates, has started contracts to develop three hydrocarbon fields in Iraq with the aim being to boost Iraqi natural gas resources on a fast-track basis for domestic gas-fired power plants. Crescent is headquartered in Sharjah, the…
The North Sea Transition Authority (NSTA), the UK Government agency for oil and natural gas, has expressed concern about the slow pace of North Sea development plans that may mean more future demand for liquefied national gas, pipeline gas and oil imports for the UK to avert an energy crisis.