Gaztransport and Technigaz (GTT), the French designer of liquefied natural gas maritime and onshore storage systems, has given an update of the appeal procedure in a case involving the Korea Fair Trade Commission.
Exports from global liquefied natural gas plants fell to their lowest of the peak winter season with 91 weekly cargo liftings reported as prices remained robust for February North Asian spot shipments amid the continued oil market recovery.
The US Department of Energy’s Office of Fossil Energy has delivered a new report on likely impacts of the “ill-conceived” ban on hydraulic fracturing proposed by the incoming Administration that would cost millions of jobs and make gasoline and electricity prices much higher for all Americans while risking a recession.
Centrica plc, the UK utility and energy company with a growing LNG market presence, reported a resilient financial performance in the second half of 2020 as the trading and optimisation performance continued to be strong, especially in LNG.
Free ReadFrench energy company Total and Apache Corp. of the US have made a substantial natural gas and oil discovery offshore the tiny nation of Suriname in the northeast corner of South America, the fourth find in the block, giving Suriname valuable energy resources instead of becoming an importer of LNG…
New Fortress Energy Inc, the New York-based company with a growing LNG projects portfolio in Latin America and the Caribbean, has entered into two deals with a combined value of $5 billion, one to acquire Golar LNG Partners and a second to take over Hygo Energy Transition, a Brazil-focused joint…
A trading chronicle of the last month of LNG shipbroking activities captured the revival of the North Asian markets with the “miraculous upward trajectory” of LNG prices, helped by a variety of factors such as plant outages in all Basins, South Korean coal caps, Chinese coal restrictions, while favourable arbitrage…
Free ReadIntercontinental Exchange, the leading operator of global energy derivative exchanges and clearing houses, is planning to launch its oil future contract for liquefied natural exporter Abu Dhabi on March 29, backed by leading LNG sector players. The exchange said that that trading on the ICE Murban Crude Oil Futures (IFAN)…
Golar LNG Partners has entered into an agreement and plans to merge with New Fortress Energy Inc, the New York-based company with a growing LNG projects portfolio in Latin America and the Caribbean.
DNV GL, the European maritime classification society and risk management company with widespread operations in the LNG sector, said its name would change to DNV from March 2021.