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Free ReadLiquefied natural gas-producing nation Angola, which has pioneered associated gas use from oil fields to turn into LNG for export, has decided to open up the potential of the southern offshore Kwanza Basin likened in some ways by petroleum engineers to the prolific Santos Basin offshore Brazil. The TotalEnergies-led Cameia-Golfinho…
Cheniere Energy, the largest US LNG exporter, shipped 167 cargoes in the first quarter from the Sabine Pass plant in Louisiana and the Corpus Christi facility in Texas as it also swung to profits of $5.43 billion compared with $865M of losses in the prior-year quarter.
UK major BP posted solid results even amid cash flow declines on lower prices with an exceptional gas marketing and trading result, a lower level of refinery turnarounds and very strong oil trading earnings while progress with made on LNG and gas projects in Africa, India and the East Mediterranean.
Enbridge Inc., the North American pipeline and energy company with a large stake in the Woodfibre LNG export project in British Columbia, has acquired the only underground natural gas storage facilities near the Montney LNG feed-gas basin for liquefaction and export projects.
Free ReadADNOC Gas, the recently spun-off subsidiary of Abu Dhabi National Oil Co (ADNOC), has signed its first big deal since the floatation in the form of a three-year LNG supply agreement with French major TotalEnergies. Following an initial public offering completed in March 2023, ADNOC Gas is now listed on…
Chevron Corp., the leading LNG production company with operated plants from Australia to Angola, reported 5 percent higher first-quarter earnings, rising to $6.57 billion and noted that planned LNG maintenance was scheduled in the second quarter.
TC Energy, the North American natural gas and energy pipelines company constructing pipeline links from British Columbia's shale basin to LNG projects on the coast, reported a surge in net income of more than three-fold as projects progressed from Canada to Mexico.