The newest Canadian export project developer, Port Edward LNG, is a British Columbia company proposing to build and operate a small-scale liquefaction plant and to export LNG in ISO containers to nations like China.
Somalia is attempting to return to the international fold after decades of being known mostly for piracy, terrorism and violent militia activity and said in a statement just issued that it was advancing with plans for offshore oil and natural gas exploration with a little-known US company based in Houston,…
European liquefied natural gas prices increased on the week to stay above the Japan-Korea Marker price for North Asian spot cargoes as Atlantic and Pacific Basin liftings were steady while the oil market remained robust even amid mixed demand signals from Asia and the West.
Sea-LNG, the UK-registered non-profit industry foundation committed to furthering the use of LNG as a cleaner and superior maritime fuel, has urged an end to the misrepresentation of the status of methane-slip risks delaying the build-out of a cleaner LNG-powered fleet.
Free ReadItalian government ministers have signed an accord with the Republic of Congo in West Africa to increase natural gas production and exports under a plan also involving future LNG shipments. Italian Minister of Foreign Affairs, Luigi di Maio, and the European Union member’s Minister for Ecological Transition, Roberto Cingolani, signed…
Kinder Morgan Inc., the US pipeline giant transporting natural gas to LNG plants and to customers around America, reported a boost in demand from liquefaction plants and outlined progress on more Permian Basin natural gas for the Gulf Coast and on a greener gas supply plan.
Australian liquefied natural gas plant operator Santos, which has plant and project stakes in Queensland and in the Northern Territory as well as in Papua New Guinea, reported a jump in LNG sales revenues to US$1.116 billion from US$427 million in the same three months of 2021.
Chinese LNG imports dropped by almost 18 percent in March to their lowest level in two years as Covid-19 shutdowns in cities such as Shanghai curbed economic and industrial activity as well as fuel demand and led to Japan overtaking China as the largest North Asian importer last month.
Free ReadBaker Hughes, the LNG equipment-maker and energy services company, reported an increase in first-quarter revenues to $4.83 billion and a 70 percent jump in operating income to $279 million while forecasting LNG final investment decisions on up to 150 million tonnes per annum of projects in the next two years.…
Royal Vopak, the Netherlands-based global storage company with stakes in liquefied natural gas terminals and a new LNG import project for Hong Kong, increased its first-quarter revenues and net profits as it also helped Germany’s LNG import ambitions.