Free ReadOman, the Arabian Peninsula country and oil producer and long-standing LNG exporter, has been hit by a cyclone, causing major disruption with power cuts and flooding. The Oil Ministry issued a statement saying that loadings and operations may be temporarily affected as “Cyclone Shaheen” moved along the Sea of Oman.…
Prices of liquefied natural rose across the board with records set for North Asian spot cargoes as well as for the Dutch and UK benchmarks as cargoes deliveries increased but not at sufficient levels to alleviate global shortages.
Free ReadAustralian LNG plant operator Santos has welcomed the federal government’s support for the carbon capture and storage (CCS) method for its Emissions Reduction Fund and Adelaide-based Santos would immediately register the Moomba CCS Project in South Australia with the Clean Energy Regulator to generate Australian Carbon Credit Units (ACCUs). Santos…
Commonwealth LNG, the export venture proposed for Cameron Parish in the US Gulf Coast state of Louisiana, has been informed by the Federal Energy Regulatory Commission of the launch of an environmental impact statement (EIS) process with firm deadlines.
Export earnings from Australia’s 10 liquefied natural gas export facilities with nameplate capacity of 88 million tonnes per annum are expected to surge to A$50 billion (US$36Bln) in the current fiscal year from A$30Bln last year as oil-linked contract prices surge.
Free ReadKinetrex Energy, a company acquired by US pipeline giant and LNG stakeholder Kinder Morgan Inc., has started the construction of three renewable natural gas production facilities to make RNG from waste in the state of Indiana. The three sites are located at the Twin Bridges Landfill in Danville, the Prairie…
Fluxys Belgium, the gas transmission and Zeebrugge liquefied natural gas import terminal operator, posted increased first-half net profits as ship traffic remained strong and truck-trailer LNG loadings almost doubled.
Höegh LNG Partners, the US affiliate of Höegh LNG Holdings now partnered with the infrastructure unit of US investment bank Morgan Stanley, has reorganized part of its finances on a floating storage and regasification unit deployed in Indonesia and the subject of a dispute with the former charterer.
Malaysian energy company Petronas has reported a fire at its main onshore liquefied natural gas production plant at Bintulu, located in the eastern state of Sarawak on the island of Borneo.
Southern California Gas Co. (SoCalGas), based in Los Angeles and owned by the Louisiana Cameron LNG plant operator, Sempra Energy, has agreed to pay around $1.1 billion in three settlement agreements stemming from the methane leak in 2015 at the SoCalGas Aliso Canyon natural gas storage facility.