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Tuesday, 18 August 2020
The number of LNGCs used for floating storage is expected to drop.
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Tuesday, 18 August 2020
Free ReadThe Australian North West Shelf (NWS) project partners have agreed non-binding key principles for processing third-party gas through the project’s facilities. This involves gas from the Pluto fields. NSW operator Woodside has partnered with Mitsui E&P Australia and Beach Energy for the Waitsia Gas Project Stage 2. These agreements advance…
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Tuesday, 18 August 2020
Indian LNG importer Petronet LNG has reported a 43% rise in profit before tax (PBT) for the first quarter of fiscal year 2020/2021.
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Monday, 17 August 2020
GAIL (India) Limited recorded a turnover of Rs12,060 crore, profit before tax (PBT) of Rs356 crore and profit after tax (PAT) of Rs256 crore for the first quarter in its fiscal year 21.
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Monday, 17 August 2020
Free ReadAsian spot LNG prices rose to a more than a six-month high last week on concerns over production from Australia’s Gorgon plant and buyer demand in the region. The average LNG price for September delivery into northeast Asia LNG-AS was estimated to be between $3.60 and $3.80 per MMBtu, $0.60…
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Friday, 14 August 2020
Lower oil prices had a significant effect on Australian LNG with extended maintenance, and continued cargo deferrals, lower prices, and asset write-downs, according to EnergyQuest’s July report just released.
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Friday, 14 August 2020
Free ReadGolar has reported a second quarter 2020 operating income of $28.4 mill, compared to an operating income of $21.2 mill in the previous quarter. Total operating revenues decreased by 17% from $122.6 mill in 1Q20 to $102.2 mill in 2Q20, partially offset by a decrease in voyage, charter hire and…
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Friday, 14 August 2020
Islamist militants, believed to have with links with the terrorist group Islamic State, have seized Mozambique’s Mocimboa da Praia port.
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Thursday, 13 August 2020
CSSC Hudong-Zhonghua Shipbuilding is to build China’s first membrane fitted land LNG storage tank.
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