Free ReadOsaka Gas, the Japanese utility and liquefied natural gas buyer, reported increased net sales for the first nine months of the fiscal year, though posted losses blamed on the June 2022 fire at the US Freeport LNG export plant. The company, which is part of the Daigas Group, said nine-month…
Beach Energy of Australia said an agreement had been reached with Webuild SpA, the Italian industrial group, for the completion of the Waitsia Stage 2 project for LNG feed gas from the onshore Perth Basin subject to finalisation of the bankruptcy administration of previous engineers Clough Limited.
New Fortress Energy (NFE), the US LNG-for-power project developer has reached an agreement with shipping company Golar LNG for the sale of NFE’s ownership stake in a floating LNG production hull deployed off Cameroon in West Africa.
Sembcorp Marine, the Singapore-based shipbuilding and conversions yard for offshore energy platforms, including for the LNG sector, has issued a further explanation to shareholders scheduled to meet on February 16 to vote on the merger with Keppel Offshore and Marine.
Free ReadThe liquefied natural gas export project proposed for the Timor Sea resources of the Greater Sunrise gas fields offshore northern Australia and the tiny nation of Timor-Leste is to be the subject of a concept selection programme after almost 20 years of delays. The Greater Sunrise joint venture is majority…
Trinidad and Tobago said the Caribbean nation would be opening formal talks with Venezuela following a US go-ahead to jointly develop a natural gas field that could help boost and safeguard LNG production from Trinidad’s Point Fortin LNG export plant.
The Mozambique liquefied natural gas project is moving forward with an independent survey taking place in Cabo Delgado Province of the southeast African nation to assess the humanitarian and security situation around the region were the liquefaction and export plant will be constructed.
Liquefied natural gas and pipeline market prices in Europe rebounded with the benchmark Dutch Title Transfer Facility gaining ground on the week even amid ample supplies in storage, firm Atlantic Basin LNG cargo flows and seasonally milder weather, while there was still a lack of a serious demand upturn for…
Free ReadAir Products, the LNG equipment-maker and industrial gases company now branching out with mega-projects in the Middle East linked to the NOEM smart city project in Saudi Arabia and with a gasification business in China, reported a 6 percent increase in fiscal first-quarter net income. The company reported net income…
European maritime classification society DNV said that liquefied natural gas-powered vessels led the way among the 275 newbuild orders made during 2022, though the start of 2023 has seen a muted market for LNG-fuelled orders even as Rotterdam bunkering prices tumbled.