Ovintiv Inc., the shale oil and gas company with assets in key basins in North America, has signed an agreement to sell its Eagle Ford resources in south Texas to Validus Energy for $880 million to reduce debts as exploration and production companies in the LNG-exporting region of the US…
Free ReadRussian natural gas company and liquefied natural gas developer Novatek said it won an auction for exploration and production rights in the North-Gydanskiy licence area located in the Yamal-Nenets Autonomous Region of the Gydan Peninsula and partly in the shallow waters of Gydan Bay in the Kara Sea. “The North-Gydanskiy…
European energy major Total has formally resumed a full work schedule on the Mozambique LNG export project after the government in the southeast African nation improved security arrangements in Cabo Delgado province.
BW Offshore, the Norway-listed floating production units provider for oil and gas, has been awarded an Australian contract worth US$4.6Bln by LNG operator Santos for the Barossa gas field to provide feed-gas for the Darwin liquefaction plant.
Gaztransport and Technigaz (GTT), the French LNG storage technology company, and the Shanghai Merchant Ship Design and Research Institute (SDARI) have received approval from the European classification society DNV for their LNG-powered bulk carriers.
Intercontinental Exchange, the leading US operator of global exchange platforms and clearing houses, said the LNG freight futures contracts based on Spark Commodities price assessments had a successful launch with 30 lots traded on the first day.
Free ReadElengy, the French LNG terminal operator and its subsidiary Fosmax LNG, are launching an open season for capacity subscriptions at the Fos Cavaou facility, located in the Mediterranean west of the Port of Marseilles. Three of France’s LNG terminals, Fos Tonkin, Fos Cavaou in the Mediterranean and Montoir-de-Bretagne on the…
ENN Group, the leading non-state energy company in China with LNG and city-gas assets, reported an increase in annual revenues and profits as its reach extended to 18 more large towns and cities in 2020.
Italian natural gas network and LNG terminal operator Snam, Europe's first company to test the injection of a blend of hydrogen and natural gas into its grid, has signed a cooperation accord with LNG producer Abu Dhabi on studying the potential of green gases.
Annova LNG, the medium-scale US project planned for the south bank of the Brownsville Ship Channel in Texas, will not now be proceeding following a decision by investors to cancel the venture, while the Chief Executive has already left the project to join Canadian pipeline company TC Energy.