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Free ReadMubadala Petroleum, the exploration and production company owned by the emirate of Abu Dhabi in the United Arab Emirates, has signed an agreement to sell Premier Oil of the UK a 20 percent stake in an Indonesian block where Mubadala Petroleum is aiming to discover more natural gas. The accord…
A body of opinion is growing in the United States that disproportionately high liquefied natural gas exports to China as a means of improving the US trade balance could also be uneconomic for the sellers at certain times of the year, while any supply or investment agreements with the Chinese…
JGC Corp. of Japan has been awarded an engineering contract in the Sultanate of Oman by French major Total for what will be the world’s first liquefied natural gas production plant built specially to supply the shipping fuel market on the Arabian Peninsula.
Free ReadThe US Department of Energy has just published its latest liquefied natural gas export data illustrating the price differences and proportion of spot cargoes as well as other details of shipments from the four liquefaction plants in operation in May. Since US LNG exports began more than three years ago…
Inpex Corp. of Japan and Royal Dutch Shell have received Indonesian approval for their new Plan of Development for the onshore liquefied natural gas project using feed-gas from the Abadi gas field in the Masela Block in the Arafura Sea of Indonesia.
Free ReadBHP, the Australian commodities and energy company whose assets include a stake in the North West shelf liquefied natural gas export plant in Western Australia, has issued the world’s first bulk carrier tender for LNG-fueled transport for up to 27 million tonnes of its iron ore. “Through this tender, we…
The West-East arbitrage window from the Atlantic Basin to the Pacific Basin that some forecast would be closed until October appeared to be in the process of re-opening after European natural gas prices had briefly overtaken those for the Asian spot LNG cargo market.
The American Bureau of Shipping, the US maritime classification society, and Japanese shipping company Mitsui OSK Lines have signed an accord to collaborate on up to 14 new gas carriers expected to transport cargoes from the US to North Asia as well as other global markets.
Free ReadGerman marine engine maker MAN Energy Solutions, a supplier of propulsion for many of the world’s LNG-powered vessels as well as the most modern LNG carriers, has signed a cooperation agreement with two South Korean companies. MAN Energy said its accord with shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) and…