The US Department of Energy has just published its latest liquefied natural gas export data with the average overall price for the six plants rising to $6.22 per million British thermal units and as China took third spot ahead of Mexico in the overall deliveries table.
Oil Search, the Papua New Guinea and Australian listed company with LNG interests and an oil project in Alaska, said Managing Director and Chief Executive Keiran Wulff has resigned for health reasons and been replaced by Peter Fredricson, named as Acting CEO.
Kinder Morgan Inc., the leading US pipeline company and LNG export plant stakeholder, has agreed to acquire the Kinetrex company, a leading supplier of liquefied natural gas in the Midwest and a growing player in producing and supplying renewable natural gas (RNG) made from waste.
Free ReadExcelerate Energy, the US specialist in floating LNG import terminals, has signed an accord with two European grid and distribution firms on developing a pipeline and possibly storage to help serve the proposed Vlora import terminal in the Balkans state of Albania. The project accord was signed between Excelerate, Italian…
Demand for liquefied natural gas remained firm worldwide along with seasonally high Asian spot prices over $13.00 per million British thermal units for September and with deliveries to China, Japan and South America still being preferred to European destinations.
Cheniere Energy, the largest US liquefied natural gas exporter with the Sabine Pass plant in Louisiana and the Corpus Christi facility in Texas, said its Corpus Christi expansion project signed a feed-gas supply agreement with a Canadian company.
Free ReadBrookfield Infrastructure Partners of Canada has raised its hostile takeover bid for Inter Pipeline Ltd to about C$8.58 billion (US$6.86Bln) to counter for a second time a bid from Pembina Pipeline Corp., the joint venture partner of the Cedar LNG project in British Columbia. Pembina had made an all-stock bid…
Toyo Engineering Corp. of Japan, an expert in gas processing projects and LNG import terminals, is discussing an engineering alliance with Japanese offshore platform construction company MODEC to maintain stable global oil and gas supplies in the years ahead.
Woodside Petroleum, the operator of two liquefied natural gas export plants in Western Australia, posted 63 percent higher second-quarter revenues of US$1.32 billion compared with US$805 million in the same period last year as Asian LNG demand surged and prices increased.
Free ReadThe US-based Institute for Energy Economics and Financial Analysis (IEEFA) has condemned a report in the “Financial Times” newspaper on experimental hydrogen as a fuel to replace LNG and conventional natural gas as an exaggeration that will be paid for by the poorest people in society, will cost tens of…