The UK is the focus of Europe’s main LNG deliveries with 10 cargoes this week alone as prices increase in natural gas markets amid future supply and economic concerns and with the various assessments competing for price discovery, including the European Union’s one spot cargo price now issued daily.
EQT Corp., one of the leading US natural gas producers and leader of the “Unleash US LNG” advocacy campaign, has formed a strategic alliance with Context Labs to advance the commercialization of verified low-carbon intensity natural gas products and carbon credits.
Free ReadElenger, the largest privately owned energy company in the Finnish-Baltic region, said it received the first US liquefied natural gas cargo onboard the tanker “Vivit Americas LNG” with 174,000 cubic metres capacity to arrive at the port of Inkoo in Finland. “We are one of the few energy companies in…
Italian energy engineering company Saipem was awarded three new offshore contracts and two competitive front-end engineering and design contracts totalling about $650 million and with three linked to increased LNG production in Angola, Trinidad and Papua New Guinea.
Baker Hughes, the US liquefied natural gas equipment-maker and energy services company, was awarded a major LNG order from QatarEnergy for the North Field South expansion project.
Saverex, a holding company owned by Nicolas Saverys, the Chairman of Belgian shipping company and LNG player Exmar, said it intended to launch a voluntary and conditional public takeover bid for Exmar and to take the company private.
Free ReadThe Australian Government’s quarterly energy review said that the nation’s 2023 liquefied natural gas production was expected to “stabilise” at around 80 million tonnes from about 83MT last year as output from the Pluto LNG Train II expansion offsets falling production from the Northwest Shelf facility. Both of the liquefaction…
Crude oil prices jumped as much as 6.5 percent on April 3 after the Organization of Petroleum Exporting Countries Oil prices said it was reducing production by 1.6 million barrels a day with the move having a knock-on effect on liquefied natural gas prices.
The German Association of Transmission System Operators (FNB Gas), has outlined the future role of liquefied natural gas facilities at the coastal locations of the North Sea port of Wilhelmshaven, at Brunsbüttel on the Elbe River and at the Baltic Port of Lubmin.
European natural gas prices and LNG values were mixed as the winter season ended and there was a mixed bag of prices for the Northern Hemisphere summer while European Union gas storage was building already apart from in France while the front-month Asian spot price declined even amid more China…