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Petronas, the Malaysian state energy company and stakeholder in major LNG projects from Australia to Canada, has formally installed its new President and Group Chief Executive Muhammad Taufik Tengku Aziz in succession to Wan Zulkiflee Wan Ariffin.
Free ReadRoyal Dutch Shell’s head of Russian operations said the company was open to taking part in new liquefied natural gas projects in Russia with natural gas company Novatek and units of Gazprom, its partner in the Sakhalin LNG project. Shell outlined its Russian strategy in a wide-ranging interview given by…
The Australian government said its liquefied natural gas export prices have fallen to record lows, due to the sharp decline in both oil-linked contract prices and Asian LNG spot values, though it sees this low-price and high-volume environment as a temporary situation.
Sasol, the South African petrochemicals and fuel company, has appointed investment banking advisers to sell its stakes in a power plant in Mozambique and a natural gas pipeline running from the southeast African future LNG exporter into South Africa.
Free ReadJSC Yamal LNG, the operating company of the liquefaction and export plant in northern Siberia, has been awarded renewed safety certificates after an audit by the British Standards Institution (BSI) while the facility also completed scheduled maintenance of two Trains. The certificates were renewed for compliance of the Integrated Management…
Alaska Gasline Development Corp. has released an updated $38.7 billion cost estimate for the Alaska LNG Project, which it believed would increase the project’s ability to deliver natural gas to Alaskans and LNG to export markets at competitive prices.
Free ReadFrench energy major Total has signed an agreement to renew its partnership in the field of liquefied natural gas with the North African state of Algeria as Italian energy company Eni also advances with projects. The accord between Total and Algerian oil and gas company Sonatrach allows the extension of…