Inpex Corp., Japan’s largest oil and natural gas exploration and production company and an LNG plant operator and developer, reported a doubling of earnings because of higher prices as projects advanced, including an LNG project in Indonesia.
South America is expected to see a slowing of natural gas consumption growth in LNG importing nations like Argentina and Brazil while imports are forecast to rise in the Central American and Caribbean countries of Panama and Jamaica and with a slight fall seen in the Dominican Republic and Puerto…
Santos, the Asia-Pacific LNG shareholder and operator and Western Australia’s biggest domestic natural gas supplier, has overhauled the company into two divisions and said in an investor day briefing that activism and increased regulation had delayed timely investment in new fuel supplies.
Free ReadItaly has approved two projects for floating LNG import terminals off the coast of Ravenna in the eastern Adriatic Sea and at the West Coast port of Piombino, opposite the island of Elba. Italy has said that as part of its energy security strategy two floating storage and regasification units…
Kosmos Energy, the US-based oil and gas development company and shareholder in the BP-led Senegal-Mauritania floating LNG production project offshore West Africa, swung to a third-quarter profit from a previous loss as it advanced with Atlantic-Margin projects in Africa and the Gulf of Mexico.
The Trading Hub Europe (THE) GmbH of Germany has launched an invitation to bid for the provision of natural gas balancing services in the period from January 2023 through March 2023 to meet its long-term balancing requirements in the multi-quality German market area.
Free ReadNippon Yusen Kabushiki Kaisha, the Japanese shipping company known as NYK Line, increased fiscal first-half profits and revenues from shipping liquefied natural gas and other fuels worldwide as it also ordered five new LNG carriers to add to its fleet of 58 owned and co-owned LNG vessels. NYK’s revenues soared…
ConocoPhillips has increased LNG activities in 2022 and outlined plans for the Port Arthur LNG export plant in Texas and other projects like cargo shipments to Germany and discussed its costs for the Qatar North Field expansion.
Asian spot liquefied natural gas cargo values adjusted to the front-month futures moving to December as Chinese demand was seen returning and European wholesale prices continued to be quoted at higher levels to Asia in the supply windows through to March 2023.
Intercontinental Exchange, a leading global provider of energy trading platforms for futures and options and which is in the process of launching new LNG futures for Europe, reported strong third-quarter earnings.