Free ReadQatar Petroleum has taken the final investment decision and signed project engineering contracts with Japanese company Chiyoda Corp. and European-based Technip Energies for a major liquefied natural gas expansion backed by add-ons such as carbon-capture and solar power. The expansion will comprise the construction of four Trains for liquefaction to…
Peninsula Petroleum, a leading marine fuels company, teamed up with Petronas Marine of Malaysia to complete its first LNG bunker supply to H-Line Shipping of South Korea in Malaysian waters.
Energy World Corp., the Australian-listed power project developer in southeast Asia, has managed to get its liquefied natural gas and power venture on the South Sulawesi coast of eastern Indonesia back on track after a ruling from regulators.
Sempra Energy’s storage unit has given more details of plans to construct and operate a “high-deliverability” salt-dome natural gas storage facility in Louisiana for existing and proposed LNG export plants with interconnections to key pipelines.
The Nord Stream II natural gas pipeline project from Russia to Germany has resumed laying pipes in the waters of Denmark to complete the final stage of the venture to double pipeline exports to Western Europe by Gazprom in competition particularly to LNG shipments.
Free ReadOman LNG, the second main exporter in the Middle East, has named a new Chief Executive to replace Harib Al-Kitani, the long-standing incumbent who has overseen the return of stable feed-gas supplies and the updating of facilities and strategy. A statement from the board at the Arabian Peninsula-based company said…
Global liquefied natural gas plants dispatched a steady flow of cargoes as North Asia spot prices slipped on the week, though were offset by expectations of long-term LNG contract prices increasing after the North Sea Brent crude oil price hit its highest level in a year.
Air Products, the leading provider of LNG equipment and processing and industrial gases, reported a fiscal quarterly increase of 5 percent in sales to $2.4 billion, though net income remained flat over the three months as orders included one for Mexico’s first LNG export project.
TechnipFMC plans to begin the spin-off transactions on February 12 for Technip Energies to pursue its own path as one of the leading liquefied natural gas engineering companies with current LNG export projects in nations such as Russia and Mexico.
Free ReadReliance Industries, the leading Indian natural gas producer in the ultra-deep-water block in the Krishna Godavari Basin offshore the East Coast to supply about 15 percent of the nation’s domestic gas needs and slightly reduce LNG import requirements, has sold off its assets in the US Marcellus Shale in Pennsylvania.…