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Free ReadEni, the Italian major developing Mozambique LNG and with stakes in liquefaction plants in Angola and Nigeria, said the Mozambican Coral South floating LNG project would start up in the second half of 2022. Eni made the point on Coral South FLNG as it reported upstream adjusted gross earnings in…
Origin Energy, the Australian utility, reported quarterly revenue of A$633.7 (US$477M) from the Australia-Pacific LNG plant where it has a 37.5 percent share, part of which will be sold to EIG Global Energy Partners, an institutional investor in the sector.
Free ReadBelgian shipping company Exmar, owner of the “Tango FLNG” vessel last deployed in Argentina, has returned steady first-half results and said it was still pursuing opportunities for the LNG production barge as well as for a floating storage and regasification unit. Exmar gave details of the LNG developments as it…
Royal Dutch Shell reported overall third-quarter profits down 25 percent from the previous quarter as the natural gas division posted a loss blamed on accounting provisions for hedging while liquefied natural gas sales for the year to date plunged 13 percent.
Free ReadElenger, the energy company in the Baltic state of Estonia, has taken delivery of the first of a Damen Shipyard-built liquefied natural gas bunkering vessel, the first LNG fuel supplier deployed in the Gulf of Finland to serve ships and shoreside small-scale customers. The “Optimus” is 100-metres in length with…