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Monday, 23 August 2021

ExxonMobil, the US energy major, is to resume talks with the Papua New Guinea (PNG) Government aimed at expanding the P'nyang natural gas project.

This comes nearly two years after negotiations stopped, ExxonMobil confirmed to newswires today.

Published in Daily News

Monday, 23 August 2021

Argentina, which produces natural gas from the Vaca Muerta shale reserves, planned to incentivise natural gas production in the country, but these plans were introduced too late, according to a GlobalData analyst.

Delays with Argentina’s Plan Gas IV has resulted in production not being ramped up enough to enable the country to get through the winter. Instead, it will be forced to rely on importing LNG at record-high prices.

Published in Daily News

Monday, 23 August 2021

Gasum, the Finnish state-owned energy supplier, specialising in gas, has won a framework agreement to supply LNG to the Finnish Transport Infrastructure Agency and the Finnish Border Guard for 2021-2022.

In a competitive tendering process organised by the Finnish government central purchasing body, Hansel Ltd, Gasum will supply LNG for two years, plus a two year option period.

Published in Daily News

Friday, 20 August 2021

US natural gas futures fell to a one-month low yesterday on forecasts of milder weather, which could reduce demand for gas used to cool homes.

In addition, the US Energy Information Administration’s (EIA) weekly storage report showed that utilities added 42 bill cubic feet into storage last week.

Published in Daily News

Friday, 20 August 2021

MAN Energy Solutions (MES), supplier of marine and industrial propulsion machinery, has announced that its has won 40 orders for its MAN B&W ME-GA engine.

This engine is the latest addition to the company’s dual-fuel portfolio and was unveiled in March, this year.

Published in Daily News

Friday, 20 August 2021

GTT, the French-based LNG membrane containment system designer, has signed a Memorandum of Understanding (MoU) with the China Classification Society (CCS).

This MoU involves the technical co-operation between the two companies in the application of GTT’s membrane technology.

Published in Daily News

Thursday, 19 August 2021

Poten and Partners, a leading energy consultancy and broking house, claimed that the natural gas market will remain very tight for at least the next 30 months.

Poten’s Kristen Holmquist explained that additional supplies entering the market to ease today’s high prices were not expected until 2023.

Published in Daily News

Thursday, 19 August 2021

Sakhalin Energy, Russia’s Far East LNG producer and operator of Sakhalin-2, has confirmed that operations have restarted on Train 1 after a major maintenance shutdown period.

The LNGC ‘Amur River’ sailed from Prigorodnoye, the main port for Sakhalin-2 LNG, with the first cargo loaded after the the integrated gas system major turnaround campaign.

Published in Daily News

Thursday, 19 August 2021

Avenir LNG Limited, a supplier of small-scale LNG to off-grid industry, power generation and transport fuel sectors, has announced an increase of $5.8 mill in the first half of this year.

Revenues increased to $6.2 mill in 1H21, following the delivery of the company’s first two vessels, ’Avenir Advantage’ and ’Avenir Accolade’ in October, 2020 and March, 2021, respectively.

Published in Daily News

Wednesday, 18 August 2021

Woodside, Australia’s largest gas developer, which is in merger talks with BHP, recorded an increased net profit and operating revenue for the first six months of this year.

Net profit after tax (NPAT) was $317 mill, while the underlying NPAT was $354 mill, up 17% on the corresponding period in 2020.

Published in Daily News

More...

PETRONAS, Malaysia’s oil and gas giant with significant interests in Asia, has delivered its first carbon neutral LNG cargo.

Blockchain technology could be instrumental in cutting down oil and gas operational costs, claimed a data and analytical company.

US natural gas net trade is growing, as annual LNG exports exceed pipeline exports, according to the latest report from the Energy Information Administration (EIA).

Santos, an Australian-based natural gas developer and Australia’s largest domestic supplier, soon to be merged with Oil Search, has reported an underlying profit of $317 mill for the first half of this year.

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Daily News (16509)

Children categories

ExxonMobil, the US energy major, is to resume talks with the Papua New Guinea (PNG) Government aimed at expanding the P'nyang natural gas project.

Argentina, which produces natural gas from the Vaca Muerta shale reserves, planned to incentivise natural gas production in the country, but these plans were introduced too late, according to a GlobalData analyst.

Gasum, the Finnish state-owned energy supplier, specialising in gas, has won a framework agreement to supply LNG to the Finnish Transport Infrastructure Agency and the Finnish Border Guard for 2021-2022.

US natural gas futures fell to a one-month low yesterday on forecasts of milder weather, which could reduce demand for gas used to cool homes.

MAN Energy Solutions (MES), supplier of marine and industrial propulsion machinery, has announced that its has won 40 orders for its MAN B&W ME-GA engine.

GTT, the French-based LNG membrane containment system designer, has signed a Memorandum of Understanding (MoU) with the China Classification Society (CCS).

Poten and Partners, a leading energy consultancy and broking house, claimed that the natural gas market will remain very tight for at least the next 30 months.

Sakhalin Energy, Russia’s Far East LNG producer and operator of Sakhalin-2, has confirmed that operations have restarted on Train 1 after a major maintenance shutdown period.

Avenir LNG Limited, a supplier of small-scale LNG to off-grid industry, power generation and transport fuel sectors, has announced an increase of $5.8 mill in the first half of this year.

Woodside, Australia’s largest gas developer, which is in merger talks with BHP, recorded an increased net profit and operating revenue for the first six months of this year.

More...

PETRONAS, Malaysia’s oil and gas giant with significant interests in Asia, has delivered its first carbon neutral LNG cargo.

Blockchain technology could be instrumental in cutting down oil and gas operational costs, claimed a data and analytical company.

US natural gas net trade is growing, as annual LNG exports exceed pipeline exports, according to the latest report from the Energy Information Administration (EIA).

Santos, an Australian-based natural gas developer and Australia’s largest domestic supplier, soon to be merged with Oil Search, has reported an underlying profit of $317 mill for the first half of this year.