The French government outlined its plans to take full control of the utility EDF whose assets include gas-fired power and nuclear plants as well as LNG volumes and trading, mostly now handled by JERA Co. Inc. of Japan under a joint venture.
Workers at Shell’s “Prelude” floating liquefied natural gas hull moored off the northwest coast Australia have extended industrial action until August 4, disrupting LNG shipment schedules from the facility.
Free ReadTechnip Energies, the engineering company with a leadership positions in liquefied natural gas as well as hydrogen and ethylene projects has signed an agreement to set up a joint venture firm with National Petroleum Construction Company (NPCC) of the United Arab Emirates. The accord was signed in Paris during the…
Algerian national energy company and LNG producer Sonatrach said a contract worth $4 billion had been signed relating to supplying the European Union with natural gas through further development along with European and US oil and gas majors of blocks 404 and 208 of the Berkine Basin in Eastern Algeria.
India’s Minister of Petroleum and Natural Gas Hardeep Singh Puri has called on automobile makers and suppliers to ensure the availability of vehicles powered by liquefied natural gas as well as compressed natural gas on a pan-India basis.
China now accounts for around 21 percent of global liquefied natural gas imports but within months of surpassing Japan as the world’s largest LNG importer, Chinese economic planning and growth are faltering amid higher oil and gas prices and lower demand from industry in 2022.
Delfin LNG, the US floating liquefaction and export project proposed for offshore and onshore Louisiana and with a recently signed supply deal with global commodities firm Vitol, has filed with the Federal Energy Regulatory Commission for a fourth extension of permits to complete the venture’s onshore facilities.
Free ReadSDX Energy, the UK-based oil and gas exploration, production, and development company with working interests in natural gas fields in Egypt and Morocco after a string of discoveries in 2017 and 2018, is facing a takeover battle and may have to bring more cash to the table for existing shareholders.…
Imports of liquefied natural gas by China dropped by over 28 percent in June 2022 compared with the same month of 2021 as the economy slowed and spot LNG cargo prices stayed at record high levels on the global market
A leading Chinese utility showed the depth of the nation’s continued economic slowdown with power sales dropping in the coastal provinces for coal-fired power and gas-fired electricity generating plants using regasified LNG and pipeline gas.