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US major Chevron Corp., a key operator of LNG export plants in Australia and Africa, has reduced its capital and exploratory spending program to $15 billion, at the lower end of earlier guidance of up to $17Bln, while ExxonMobil Corp. has also modified its six-year investment plan.
French liquefied natural gas storage technology firm Gaztranzport and Technigaz (GTT) and its South Korean shipyard partner Daewoo Shipbuilding and Marine Engineering received an order for the tank design of four new LNG carriers on behalf of the Japanese ship-owner Mitsui OSK Lines.
Free ReadGasLog, the Greek LNG shipping company, is expanding its fleet by ordering four newbuild 174,000 cubic metres-capacity for delivery in 2024 and 2025. GasLog Ltd is ordering the vessels from South Korea shipyard Daewoo Shipbuilding and Marine Engineering. The four newbuilds will have latest generation M-type Electronically Controlled, Gas Injection…
Gasum, the Finnish state-run natural gas company and leading Nordic LNG supplier, has named Mika Wiljanen as the new Chief Executive in succession to Johanna Lamminen, who stepped down after seven years in the post.
While France remains in the Top 10 of US LNG importers and a major market player in Europe, its energy mix of 20 percent natural gas use is supposed to be reduced by 7 percent by 2030 under its carbon-dioxide reduction commitments.
Free ReadSaipem, the leading liquefied natural gas and energy project engineering company, has signed a new contract with the Saudi Arabian Oil Company (Aramco) for the Jafurah Gas Development in the Arab kingdom. The Saudi project also involves the construction of about 835 kilometres (519 miles) of pipelines. “The project involves…
Promigas, the utility company in the South American nation of Colombia, said it was studying a boost in regasification capacity at its Cartagena floating LNG import terminal on the Caribbean Coast to meet increasing demand.