European Union natural gas grids and companies are studying the latest report on the conversion of the low calorific gas (L-gas) markets in Belgium, France, Germany and the Netherlands to reduce demand for Groningen gas field supplies to be ended by the Dutch Government because of earth tremor concerns.
Corpus Christi Liquefaction, the Cheniere Energy subsidiary operating the export plant in Texas, has asked the Federal Energy Regulatory Commission to start full commercial service from the third LNG Train three months after commissioning cargoes started to be shipped.
Leading Australian utility company AGL Energy posted a large fiscal first-half loss due to impairments but in post-earnings statements the company said it expected to make a final investment decision soon on the liquefied natural gas import project at Crib Point in the southeast Australian state of Victoria.
Chesapeake Energy Corp. has become the most high-profile oil and gas company to emerge from US Chapter 11 bankruptcy protection and has a new agenda to boost natural gas output with greener overtones in Appalachia and the LNG-producing area of the Gulf Coast from its 1.6 million net acres in…
Free ReadThe Intercontinental Exchange, the US-based operator of global trading platforms and clearing houses, plans to launch LNG freight futures contracts for the Atlantic and Pacific Basins, adding to a portfolio of sector offerings already including Japan-Korea Marker spot LNG cargo and Dutch Title Transfer Facility European benchmark derivatives. ICE is…
Mitsui OSK Lines, The Japanese shipping company with an operating fleet of almost 100 liquefied natural gas carriers, has held a virtual naming ceremony for the latest newbuild to be chartered to Gas Authority of India (GAIL), the leading LNG importer.
Inpex Corp. of Japan, operator of the Ichthys plant in Northern Australia and a shareholder in the offshore Prelude FLNG plant with Royal Dutch Shell, reported losses for 2020 and took hits on Prelude and Eagle Ford assets in the US, while forecasting a recovery in the Japanese and global…
Equinor of Norway, the largest natural gas producer in Western European fields, said it was selling its assets in the oil-rich Bakken shale formation in the US states of North Dakota and Montana as it reported quarterly and annual losses and wrote-down assets by almost $1 billion on the Tanzania…
The US Government expects LNG exports will average 8.5 billion cubic feet per day for all of 2021compared with 9.8 Bcf per day during January when around 18 to 22 cargoes were lifted each week from the six plants in operation amid high spot prices in North Asia.
Free ReadHøglund Marine, the Norwegian company specializing in both retrofit and newbuild projects, has signed a contract to supply an advanced LNG Fuel Gas Supply System for three German ships owned by the German Federal Government to be deployed in hazardous roles. The customised Fuel Gas Supply Systems (FGSS) have been developed…