Pembina Pipeline Corp., the Canadian energy transportation company and joint venture partner in the Cedar Floating LNG project in British Columbia, said it had appointed former Chief Financial Officer Scott Burrows as the company's permanent President and Chief Executive and had concluded an executive search process.
Free ReadTellurian Inc., the developer of the Driftwood LNG plant in Louisiana, said it ended 2021 with more than $300 million in liquidity and over $360M in standardized measure of discounted future net cash flows of proved natural gas reserves. Tellurian said in its earnings report that it continued advancing the…
Höegh LNG Holdings Ltd reported a net loss for 2021 because of increased expenses and a tax audit even as annual revenues increased to over $350 million for the year and the company sealed several key floating storage and regasification unit (FSRU) charter deals from Jamaica to Australia.
Indian liquefied natural gas imports dropped for a fourth month and by more than 10 percent as the costs of shipments rose at a slower pace and the debut of a seventh terminal was delayed by higher prices while offshore domestic gas pipeline supplies continued to increase on the East…
The American Gas Association (AGA) has condemned the Federal Energy Regulatory Commission’s new permit process for US natural gas pipelines, saying FERC’s policy change opens the way for emissions criteria to take precedence over the energy needs of ordinary Americans.
Free ReadIsraeli company Delek Drilling, the owner of natural gas resources in the East Mediterranean, is changing its name to NewMed Energy as it expands the Leviathan gas field, increases its exposure to the LNG market and pursues exploration licences in Morocco. Chief Executive of former Delek Drilling and now of…
Enagás, the Spanish gas grid and LNG terminals operator as well as a shareholder in the Trans-Adriatic Pipeline (TAP), reported a 9 percent drop in profit after tax even as LNG activities increased.
The global trade in liquefied natural gas increased 6 percent to 380 million tonnes during 2021 as many countries rebounded from the economic impact of the pandemic, while rising LNG demand, combined with supply constraints, caused prices to remain volatile.
Australian LNG producer Santos said a final agreement had been signed to give a framework for the Papua New Guinea LNG expansion project that would more than double output.
The Impact Assessment Agency of Canada (IAAC) has made funding available to Canadians and Indigenous groups to participate in the impact assessment process for an LNG export project proposed for Pearse Island in the Pacific Coast province of British Columbia.