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World Fuel Services Corp. of the US has completed a notable liquefied natural gas bunkering operation at a Chinese port with the new Hapag-Lloyd ship “Berlin Express” receiving bonded LNG.
Free ReadAustralian company Elixir Energy is proceeding with appraisal drilling at the Grandis Gas Project in Queensland, located close to the Wallumbilla gas hub and main infrastructure connections to liquefied natural gas export plants and also gave an update on its coal-seam gas exploration in Mongolia. Elixir has said that government…
The European Union Agency for the Cooperation of Energy Regulators (ACER), whose responsibilities include assessing the prices of LNG cargoes, said that more LNG imports were needed to help energy security amid raised concerns about power-grid resilience in the 27-nation group and about subsidies making its citizens lax on saving…
Asian liquefied natural gas spot prices edged lower for August while the European Union wholesale gas benchmark plunged on the week to a 26-month low under $9 per million British thermal units - after being at $53 per MMBtu a year ago - as gas demand dropped on the Continent…
ExxonMobil Corp., the largest US oil and natural gas major, plans to acquire Denbury Inc., the developer of carbon-capture and storage (CCS) solutions and with assets in the LNG production hub area of the US Gulf Coast, for $4.9 billion in an all-share transaction.
Free ReadFluxys Belgium, the natural gas grid company and operator of the Zeebrugge LNG import terminal, has agreed to merge gas trading services and to have a single Belgian reference price from October, a move that was welcomed by gas markets. “The question of which price index to choose for a…
Svitzer, a subsidiary of the Danish shipping group A.P. Moller-Maersk and a leading provider of towage, has signed a 15-year agreement to service Gastrade’s Alexandroupolis Independent Natural Gas System LNG terminal offshore the northeast coast of Greece.
NextDecade Corp., the developer of the Rio Grande LNG export project in Texas, has formally taken a final investment decision to build the first three liquefaction Trains and export facilities with anticipated full capacity of around 27 million tonnes per annum with funding from the US, the Middle East and…