Free ReadChart Industries, the US LNG equipment and industrial gases company, reported record first quarter orders, contributing to the highest backlog of $934.1M and including orders with 105 new customers with LNG at front and centre. Orders in the first three months of 2021 amounted to $417.2M and were the highest…
Kinder Morgan, the US natural gas pipeline operator and stakeholder in LNG exports and projects, reported first-quarter net income of $1.40 billion compared was a net loss of $306M in the prior-year quarter and said a new Louisiana pipeline expansion to serve Train 6 at Sabine Pass LNG was on…
Woodside Petroleum Acting Chief Executive Meg O’Neill said liquefied natural gas sales revenue in the first quarter of 2021 jumped 22 percent versus the end of 2020 and the Western Australian liquefaction plants operator achieved record spot LNG cargo prices.
The American Bureau of Shipping, the US classification society, has held its annual meeting of members in Houston and recalled a past year of success in enacting ship safety and technical development, including in the LNG and gas carriers sphere.
Free ReadStabilis Solutions Inc., one of the leading small-scale US LNG distribution companies, said preliminary first-quarter 2021 revenues had reached a record level. Stabilis said in its pre-earnings statement that revenues would be in the range of $17.5 million to $17.8 million. “This revenue range is a 29 percent to 30…
India’s liquefied natural gas imports edged higher for the first month in four, along with domestic gas production, as a new LNG import facility on the West Coast is being commissioned to boost delivery capability amid the nation’s slow economic recovery from the ongoing effects of Covid-19.
Gazprom said the Svobodny thermal power plant has started up to serve the Amur Gas Processing Plant, one of the world’s largest and part of the “Power of Siberia” project comprising pipeline gas for China and LNG for trucks transporting liquid helium as a new Russian Far East export.
China Petroleum & Chemical Corp., known as Sinopec, is strengthening its energy presence in the Arab Gulf region by winning a licence to further develop the Mansuriya natural gas field in Iraq, located near the Iranian border, while also arranging Gulf LNG imports.
Free ReadBelgian company Fluxys, whose assets include the Zeebrugge LNG import terminal and a stake in Dunkirk LNG in France as well as the Trans-Adriatic Pipeline, has completed its purchase of minority stake in a gas system operator in Brazil. The deal is for part of the Brazilian utility, Transportadora Brasileira…
Enagás, the Spanish national gas grid operator with Europe’s largest LNG import terminal network, posted lower first-quarter net profits, though praised the contribution to earnings of its Trans-Adriatic Pipeline (TAP) investment.