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Free ReadItalian energy company Eni has outlined a project to expand natural gas treatment facilities in Egypt connected to the Western Desert Gas Complex in the port of Alexandria to further tap the region's gas reserves. The expansion of natural gas facilities coincided with an agreement with the Government of Egypt,…
Pembina Pipeline Corp. has issued a mid-year business update on its “extensive runway” of development plans, including the floating LNG facility in partnership with the Haisla First Nation in British Columbia and the Chinook Indigenous-led partnership for First Nations to pursue ownership of Canada's Trans Mountain Pipeline.
Free ReadThe crude oil price has made a spectacular comeback in just over a year from being down 80 percent to $13.34 per barrel to now being at more than $70 a barrel, taking oil-linked LNG into more comfortable territory for what remains the pricing basis for the majority of LNG…
Free ReadNippon Yusen Kabushiki Kaisha, the Japanese shipping company known as NYK Line, plans to order 12 new LNG-powered vehicle carriers for $100 billion yen ($911 million) from two shipyards in Japan. NYK Line will order six car-carriers, called Pure Car Carriers, each from Nilaijima Shipyard and Nippon Shipyard, a joint…
Burckhardt Compression, the Swiss manufacturer of compressor systems and a service provider for LNG and other markets, is making use of its wholly-owned Chinese company, Shenyang Yuanda Compressor, to supply an energy project in Switzerland.
Tourmaline Oil Corp., the Canadian oil and gas company, has agreed a C$1.1 billion (US$904.4 million) deal to purchase Black Swan Energy and boost its assets in the Montney Shale basin, where producers in northeast British Columbia have been heartened by two LNG export projects advancing to ship cargoes to…