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Free ReadBulgaria said that work had begun on the construction of a new Bulgaria-Serbia Balkan natural gas interconnector with plans for the pipeline to become operational in October 2023 and to enable supplies to come from two Greek LNG import terminals. These links to the expanding Balkan natural gas market will…
Inpex Corp., the Japanese energy company with operatorship of the Ichthys LNG export plant in the Australian Northern Territory and a shareholding in Shell’s Prelude FLNG plant, posted a jump in earnings as net sales of oil and gas soared by more than 60 percent year-on-year.
Norwegian energy company Equinor, whose Hammerfest LNG plant comes back on stream in mid-May 2022, said “unprecedented” European natural gas prices in the second half resulted in record high annual and fourth-quarter adjusted earnings after gas output was boosted.
The United States Government expects high levels of US LNG exports to continue into 2022, averaging 11.3 billion cubic feet per day for the year, a 16 percent increase from 2021 as new production comes on stream.
Free ReadThe leader of the Haisla First Nation in British Columbia, Chief Councillor Crystal Smith, along with Pembina Pipeline Corp. Interim President and Chief Executive Scott Burrows and the Cedar LNG CEO Doug Arnell have spoken with optimism about the future development of the Cedar LNG project as it awarded an…
UK major BP has reported its highest profit in eight years in the fourth-quarter earnings statement amid volatile forward natural gas prices during 2021 and said it was “performing while transforming” and investing in only “focused” hydrocarbon ventures like a field recently brought on stream in Angola.
India’s liquefied natural gas imports are projected to return to their 2020 levels after a temporary dip in 2021 and register a 12 percent increase in 2022, while LNG inflows to emerging Asia are set to expand by 27 percent, driven by the region’s post-Covid demand recovery and import capacity…
The 174,100 cubic metres capacity LNG carrier “Yiannis” has arrived at Venture Global’s LNG export plant, America’s newest, at Calcasieu Pass in Louisiana, signalling that the first cargo is expected to be lifted in the next 48 hours.
Free ReadCheniere Energy has announced the “substantial completion” of Train 6 at the Sabine Pass liquefaction plant in Cameron Parish in Louisiana and formally taking nameplate capacity to 27 million tonnes per annum. “Commissioning is complete and Cheniere’s engineering, procurement and construction partner, Bechtel Oil, Gas and Chemicals has turned over…