Daily News

Daily News (16516)

Children categories

Denmark, the pipeline natural gas and power market player involved in LNG trading and a bridge supplier of gas to Poland on the Baltic Pipe, has opened a “mini tender round” for interested oil and gas companies who can apply for a licence for a concession in the North Sea.
Finding a balance between energy security, affordability and sustainability remains a top priority for the countries in the region of the Association of Southeast Asian Nations and the 10 member states continue to hone their energy policies to better ensure this balance. 
Stolt-Nielsen Ltd, the Oslo-listed and London-based owner of a small tanker fleet including for LNG through its stake in Avenir LNG, reported a second-quarter net profit of $113.3 million before an incremental loss provision of $155M related to the “MSC Flaminia” fire back in 2012.
ExxonMobil Corp., the largest US oil company and leading LNG producer and a partner of Qatar, said changes in natural gas prices would impact its second-quarter Upstream earnings by $1.8 billion to $2.2 billion compared with the first quarter even as the company was also overhauling trading activities and embarking…
Free ReadTotalEnergies and INEOS, the British multinational chemicals group and future importer of US LNG volumes, have signed agreements to realign their respective stakes in their production assets and logistics infrastructure to better reflect the balance between their production and use of ethylene in eastern France. TotalEnergies said this exchange of…
The decline of the UK oil and gas industry with the country being a net importer of oil and natural gas by gas pipelines and as LNG after being a net exporter for over 25 years has been further illustrated by Japan’s Mitsui now taking over UK energy pipeline services…
Egypt said it was planning to drill around 35 new exploratory natural gas wells in the Eastern Mediterranean and the Nile Delta by 2025 with $1.8 billion in investments in joint ventures with oil and gas majors and with a view to increasing liquefied natural gas production.
Free ReadThe Mozambican Government is considering a project led by Italian energy company Eni for the deployment of a second floating liquefied natural gas plant called the Coral North project to match the Coral South plant that went on stream in November 2022. Agência de Informação de Moçambique (AIM), the official…
Adriatic LNG, the ExxonMobil-owned company that operates the largest liquefied natural gas regasification terminal in Italy, has launched the accreditation phase for the 2023 open season aimed at operators interested in acquiring capacity.
Winterthur Gas & Diesel (WinGD), the leading Swiss-based developer of low-speed gas and diesel engines for marine propulsion and a leading supplier to the global LNG fleet, has announced a change in leadership.