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Kinder Morgan, the US pipeline giant and key shareholder in the LNG export plant in Georgia and the Gulf LNG project in Mississippi, has agreed on the $1.22 billion acquisition of Stagecoach Gas Services, a natural gas pipeline and storage joint venture with assets serving the Marcellus Shale basin and…
Japanese and Chinese banks will be providing the project financing for many oil and gas projects and liquefied natural gas ventures as some European banks, led by French bank Société Générale, prefer to bet on funding experimental new energy ventures and renewables rather than hydrocarbon resources required for the next…
Delek Group, the Israeli company with natural gas assets in the East Mediterranean contributing to the region’s LNG and pipeline mix with supplies to Egypt and Jordan, returned to a first-quarter profit from a previous loss due to higher Leviathan gas field revenues.
Free ReadWärtsilä, the Finland-based equipment provider for maritime and energy markets, said it would supply the Inert Gas Generator systems, as well as navigation system technology for six newbuild LNG carriers under construction to serve the Arctic LNG II export project in northern Siberia. The orders were placed with Wärtsilä by…
Indonesian national oil company and liquefied natural gas exporter Pertamina is renewing efforts to develop the small-scale LNG market by building an onshore regasification terminal linked to the island nation’s largest oil refinery in southern Central Java province.
Free ReadTellurian Inc., the US developer of the Driftwood LNG export project at Lake Charles in Louisiana, has signed its first landmark LNG supply deal with international commodities company Gunvor to give the joint venture momentum. Gunvor trades in energy from its main offices in cities such as Geneva in Switzerland,…