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Teekay LNG Partners recorded strong earnings for the fourth quarter and the full year after successfully completing its newbuild programme and securing attractive time-charters during the year amid the start-up of the Bahrain import project in the Gulf.
Höegh LNG, the Norwegian project company and fleet owner, said that coronavirus outbreak in China has not had any direct effect on the company’s revenues nor operations, including its floating storage and regasification unit deployed at Tianjin port in northeast China to supply Beijing.
Free ReadGazprom plans to order Russian-manufactured LNG-powered trucks to transport liquid helium from the Amur Gas Processing Plant, the largest such plant in Russia and second-biggest in the world. Prior to being fed into “Power of Siberia” natural gas pipeline to China gas undergoes treatment at Amur, producing valuable petrochemicals and…
TechnipFMC, the LNG and energy engineering company planning to soon separate into two companies, posted a fourth-quarter net loss of $2.41 billion because of charges, though LNG project contract awards in 2019 soared to $8 billion and more are expected even amid the current weak commodity prices.
New Fortress Energy, the New York-based LNG developer in the Caribbean and Central America,  said it was progressing with construction of a Mexican liquefied natural gas import and regasification terminal in the port of Pichilingue on the Pacific Coast.
Free ReadFlex LNG, the Norwegian-listed company with a fleet of six carriers and seven other under construction and with controlling interests held by shipping magnate John Fredriksen, reported a fourth-quarter surge in net income and revenues. Flex reported revenues of $52.0 million for the fourth quarter of 2019, compared with $29.8M…
Western Australian LNG operator Woodside and Anglo-Australia commodities company BHP have decided to align their interests in the offshore Scarborough gas field to ease the path to expansion of the Pluto LNG plant on the Burrup Peninsula.
The Cheniere Energy Chief Commercial Officer says that while the impact of the coronavirus outbreak on China's economic growth is uncertain, the Houston-based company saw potential for Chinese gas demand to decrease near term then rebound with the resumption of normal industrial activity.
Free ReadPresident Donald Trump concluded his two-day visit to India by issuing a joint statement with Indian Prime Minister Narendra Modi on a variety of issues, including future cooperation on liquefied natural gas as both leaders noted that the US-Indian energy relationship over the last four years had been worth $20…