Free ReadBelgian shipping company Exmar, owner of the “Tango FLNG” barge last deployed in Argentina and now up for re-charter, reported annual gross cash flow from operations of US$239.9 million, including a $150M settlement fee paid by Argentine energy company YPF for the “Tango FLNG” charter cancellation. Exmar said it was…
The Saudi Arabian Oil Company, Saudi Aramco, reported a 44 percent drop in annual profits, though still earned a net $49 billion in 2020 as it posted record oil and natural gas output even as revenues were affected by lower crude oil prices and sales tumbled because of the economic…
Global liquefied natural gas export plants continued to send out a steady level of shipments, keeping US Gulf Coast LNG futures at seasonal highs, even as North Asian spot prices for China and Japan declined slightly along with European gas values amid an oil price plunge of more than 9…
ABB, the Swiss-Swedish power and systems company, said it was awarded a key contract for the Mozambique LNG export project in southeast Africa being developed by French energy major Total.
Free ReadSpanish LNG terminal owner and network operator Enagás said the keel-laying had taken place of the first liquefied natural gas bunkering vessel to be built in a Spanish shipyard. The construction is taking place at the Armon Shipyard in the northwest Spanish port of Gijón. The yard was founded in…
Australian LNG stakeholder Santos, the company that was the subject of takeover interests from the US, the Middle East and China from 2015 to 2018, said that the Chinese ENN Group which had formed a strategic relationship with Santos from that era was no longer a significant shareholder.
Elixir Energy, the Australian exploration and production company with plans for a small-scale liquefaction plant using coal-seam gas to provide clean fuel for trucks in Mongolia, is making progress in its South Gobi Desert operations with prospective resources having almost doubled to 14.6 trillion cubic feet.
TC Energy, the natural gas pipeline company based in the Canadian province of Alberta and a supplier of feed gas to North American LNG projects, is the subject of attention in the US as Texas and 17 other states are suing the administration of President Joe Biden over his cancellation…
Free ReadRoyal Vopak, the Dutch storage company and shareholder in the Dutch liquefied natural gas import terminal in Rotterdam, said it was studying an LNG import facility in the south Australian state of Victoria after previously looking at a similar project in South Africa. Vopak is an experienced LNG terminal operator…
Japan’s liquefied natural gas imports soared by more than 21 percent last month, backed by a doubling of US supplies and more cargoes from Asia and Russia as stocks were rebuilt after the high winter season usage.