Inpex Corp., the Japanese operator of the Ichthys LNG export plant in Australian and with a stake in a large Indonesian liquefaction project, has acquired an additional portion of ExxonMobil’s Lucius and Hadrian North field stakes in the US Gulf of Mexico producing oil and natural gas.
ExxonMobil Corp. posted a fourth-quarter loss of $20.1 billion because of write-offs for American gas assets compared with a $5.7Bln profit in the same three months of 2019 as the CEO said that income was boosted by LNG and liquids as well as Permian Basin shale activities.
Gaztransport and Technigaz (GTT), the French designer of liquefied natural gas maritime and onshore storage, has received approval for the No. 96 containment system application as an LNG fuel tank for Ultra-Large Container Vessels from the European classification society DNV GL as the number of LNG-powered ships increases.
Free ReadEdge LNG, a US company involved in delivering LNG to market by converting stranded and flared natural gas, has unveiled its new facility in Midland in Texas to meet growing demand for its services. The new premises will hold operating equipment of both Edge LNG and Galileo Technologies, it’s exclusive…
Technip Energies is being spun off from TechnipFMC to become a leading independent liquefied natural gas engineering firm for the energy transition and has told investors that natural gas and LNG would play crucial future roles with many large-scale liquefaction and export ventures in the pipeline.
Four long-standing LNG sector participants from Japan, along with the Sultanate of Brunei in South East Asia, have successfully completed the world’s first global hydrogen supply chain demonstration and are progressing towards semi-commercialization.
US company Air Products, the world’s leader in liquefied natural gas technology and equipment, has signed an agreement to provide propriety equipment and a related process license to the Sempra Energy Mexican LNG export plant at Costa Azul on the Pacific Coast.
The Intercontinental Exchange, the US-based operator of global trading platforms and clearing houses, reported record activity across its markets for European Dutch Title Transfer Facility (TTF) futures and Japan-Korea Marker futures for North Asia spot cargoes.
Free ReadThe Hiranandani Group of India and Höegh LNG of Norway have confirmed they are on track to deploy a floating import terminal in March 2021 to supply liquefied natural gas to the West Coast Indian state of Maharashtra and become to become nation’s seventh terminal. Höegh LNG and Hiranandani Group…
UK major BP has sold a 20 percent stake for $2.6 billion to Thailand’s national energy company in key tight natural gas fields onshore the Sultanate of Oman that enabled the Arabian Peninsula nation to stabilize then boost LNG exports over the past three years.