Daily News

Daily News (16513)

Children categories

Free ReadCentrica plc, the UK owner of the British Gas utility business, has completed the sale of its Norwegian offshore exploration and production assets to Sval Energi of Norway and the interests in the Statfjord oil and gas field to Equinor for an initial $1.1 billion as the UK company pulls…
Gas Authority of India (GAIL), the nation’s main natural gas pipeline operator and a leading LNG importer with US volumes from Cove Point in Maryland and also contracted from Russia’s Gazprom, reported record results and aimed to tie-up more gas supplies under contract to cover growing demand.
Asian LNG spot prices narrowed the differential with European Union wholesale gas markets as futures trading signalled high prices in the third quarter and beyond as the gas complex remained underpinned by high Brent crude values even as an oil demand turnaround is awaited.
Free ReadChevron Corp., the US oil and gas major with additional successful LNG plants in Australia and in Africa and a pipeline gas supply business in the Middle East, has overhauled its corporate structure and senior executive team to strengthen portfolio operations. Chevron, based in San Ramon in California, said that…
Golar LNG, the shipping company now specialising in a small but growing fleet of floating LNG project vessels, increased revenues as well as net profits due to one-items while forecasting future high revenues from floating liquefaction and FLNG terminal projects as it also spun off eight modern carriers to a…