Free ReadSpain’s foreign trade report covering the first two months of 2023 said that natural gas exports from Spain, including LNG and pipeline natural gas, amounted to €628.8 million ($690M) in total to nations like France, Portugal, Italy, Germany and Morocco. The data showed that this was 194.3 percent higher than…
Reliance Industries, the Indian conglomerate and a leading energy company supplying rising domestic gas volumes to supplement LNG imports, reported an increase in fiscal fourth-quarter earnings across its energy division and the start-up soon of a third gas field in the Krishna Godavari Basin KG-D6 block on the East Coast…
Latin American and Caribbean nations imported more LNG during the first quarter and there was also a surge in cargo re-loads in Europe as well as quarterly and March exports from global liquefaction plants.
European and Asian liquefied natural gas prices and wholesale values fell again as European Union gas storage continued its early build while Germany and China were receiving more cargoes.
Free ReadMitsui & Co. of Japan, a leading liquefied natural gas market participant and trader, confirmed the acquisition of shale-gas assets in South Texas with access to LNG export plants on the US Gulf Coast. Mitsui said it purchased a 92 percent working interest in the Eagle Ford basin assets from…
French liquefied natural gas storage technology firm Gaztransport and Technigaz (GTT) reported a more than 17 percent increase in first-quarter revenues as the order book continued to build after a record year in 2022 and orders in the first three months for 25 LNG carriers.
Australian liquefied natural gas plant operator Santos reported a decline in LNG sales income as production and Asia-Pacific prices fell and the Darwin plant continued to suffer feed-gas issues.
Japanese liquefied natural gas imports dropped by 12 percent in March even as cargo numbers remained stable from Australia and Asian nations and with thermal coal shipments falling by more than delivered LNG volumes amid ample stocks and lower demand for power generation.
Free ReadKinder Morgan Inc. (KMI) the leading US pipeline feed-gas company for liquefied natural gas plants and a key energy infrastructure developer, increased first-quarter net income and cash flow with more natural gas from the US Gulf Coast shale-gas basins. The company reported first-quarter net income attributable to KMI of $679…
Baker Hughes, the US liquefied natural gas equipment-maker and energy services company, reported a first-quarter rise in orders, revenues and operating income as liquefaction projects advanced to construction.