Aker Solutions of Norway has signed a contract with the Norwegian-based development company Crown LNG for front-end engineering and design for the proposed Kakinada regasification and import project proposed for offshore the East Coast of the Indian state of Andhra Pradesh and for all-year operations in the Bay of Bengal.
Global natural gas demand is expected to rise by 3.6 percent in 2021 before easing to an average growth rate of 1.7 percent over the following three years, though by 2024 demand is forecast to be up 7 percent from 2019 pre-Covid-19 levels, according to the latest quarterly Gas Market…
A third large-scale LNG export joint venture is being considered based on previous projects discussed since 2015 and has been outlined by a First Nation representative at a council meeting in the city of Terrace located near the Skeena River in northern British Columbia.
Global banks and insurance companies formed a long line to invest in Qatar Petroleum’s US$12.5 billion bonds to finance liquefied natural gas expansion in the Arab Gulf and the multi-tranche offerings could have been subscribed more than three times.
Free ReadTC Energy Corp., one of the leading natural gas pipeline operators for LNG feed gas and exports to Mexico, is claiming over US$15 billion in damages under the legacy North American Free Trade Agreement (NAFTA) against the Biden Administration for cancelling the Keystone XL oil pipeline project. TC Energy has…
Chevron Corp., operator of the Gorgon and Wheatstone LNG export plants in Western Australia, said it would proceed with other shareholders on the Gorgon joint venture's US$4 billion Jansz-Io compression project.
The prices of liquefied natural gas on global markets increased to their highest in 2021 in Europe while the spot LNG cargo price for North Asia rose over the $13.00 per million British thermal units level amid oil market concern about US supplies as the differential between North Sea Brent…
Gaztransport and Technigaz (GTT), the French liquefied natural gas technology company, received the final approval for its newest LNG storage tanks for carriers from Europe’s three leading maritime classification societies.
Free ReadGrupo Ham of Spain has opened its 100th liquefied natural gas filling station and now operates around 25 percent of existing facilities in Europe for LNG-powered trucks and other vehicles. The Ham group said the latest LNG filling station was opened in Saint Quentin Fallavier in southeast France, reaffirming its…
TechnipFMC is continuing its development of challenging hydrocarbon fields as a subsea operator around the world after the spin-off of the TechnipFMC LNG engineering division, now operating as a separate company, TechnipEnergies.