Free ReadSempra Infrastructure, the subsidiary of California-based utility and energy company Sempra and with stakes in LNG plants and projects in the US and Mexico, has completed the sale of a stake in the Port Arthur LNG project in Texas to US asset management firm Kohlberg Karvis Roberts (KKR), which is…
US dry natural gas production has remained at relatively high levels throughout 2023 despite a decline in US natural gas prices with growth driven by the Permian Basin where most of the natural gas is produced from associated gas produced from oil wells.
The United States said it exported more liquefied natural gas than any other country in the first half of 2023 with shipments averaging 11.6 billion cubic feet per day during the period, which was 4 percent more than in the same six months of the previous year.
The Chinese government said it hoped for more energy cooperation with Russia and praised the Eastern Economic Forum in the Russian Far East city of Vladivostok as a “key platform” for discussing economic issues concerning Russia and Asia and in particular China.
Free ReadCoro Energy Plc, the London-listed South East Asian energy company with a natural gas portfolio, said a term sheet had been signed with Sembcorp Gas of Singapore for a long-term gas sales agreement for the Mako gas field in Indonesia to supply the Asian city state. The operator of the…
Williams Companies, a leading US natural gas pipelines operator, has outlined plans for supplying more feed-gas for liquefied natural gas export plants on the Gulf Coast and to meet the nation’s growing needs for gas-fired power.
Russian natural gas company Novatek has plans to start commercial shipments from the Arctic LNG II project in mid-January 2024 and would likely send three to five cargoes per month eastwards to the Asian market, including China, while Russia’s Sakhalin LNG plant in the Far East has re-started after scheduled…
Saipem, the Italian energy and LNG engineering company, was awarded a contract by Italian gas system operator SNAM for the construction of the associated facilities for the new Floating Storage and Regasification Unit (FSRU) to be located in the Adriatic Sea offshore Ravenna as Italy’s fifth import terminal.
Chevron Corp., the operator of the Gorgon LNG and Wheatstone LNG plants in Western Australia hit by industrial disruption, said it would apply to Australia’s labour regulator to help resolve its dispute with unions currently causing partial strikes.
McDermott International, the US energy and liquefied natural gas project engineering company, has reached support agreements with more than 75 percent of secured letter of credit facility providers, funded debt creditors and equity holders stemming from its several years of debt woes.