Demand for liquefied natural gas cargoes surged worldwide as liftings fell amid concerns about a coming global shortage of supplies leading to a jump in North Asian spot cargo prices to over $16.00 for October delivery and European natural gas values reaching their highest for the season since the early…
TC Energy Corp., one of North America’s leading pipeline companies and LNG feed-gas suppliers, posted a first-half loss because of the cancellation of the Keystone oil pipeline to the US and is also in a dispute over the Coast GasLink for Canadian LNG projects in British Columbia.
Free ReadTellurian Inc. has finalized yet another liquefied natural gas sale and purchase agreement with Royal Dutch Shell after two previous sealed deals with global commodities firms Gunvor and Vitol. The Shell SPAs are on a free-on-board (FOB) basis at Driftwood LNG for a combination of 3 million tonnes per annum…
TechnipFMC said it was launching a placement of 16 million shares in Technip Energies, one of the world’s leading liquefied natural gas engineering companies, representing around 9 percent of the outstanding share capital of Technip Energies.
Royal Dutch Shell reported a drop in second-quarter liquefied natural gas sales as overall earnings also declined from the first three months of 2021 amid healthy cash flows. The performance was one of recovery from the massive losses posted in 2020 because of write-downs in assets.
JGC Holdings Corp. of Japan, the leading global builder of liquefied natural gas liquefaction facilities and commissioned by the Japanese space agency to design a fuel plant for the moon, has started another joint venture to adapt the safety monitoring process for the Eiffel Tower to Japanese infrastructure.