LNG

Singapore LNG cargo indices remained mostly under the $5.700 per million British thermal units mark, including shipments for North Asia in the second half of May as Pacific and Atlantic basin prices were in alignment.

Venture Global LNG said it planned to expand the scope of its LNG development business on the US Gulf Coast to 60 million tonnes per annum of production based on customer demand, almost doubling current plans for 32 MTPA of output.

Woodside, the Australian LNG producer, has welcomed a decision by the Western Australian state government to withdraw its greenhouse-gas guidelines that caused consternation in the energy industry as Australian activists seek reduction levels almost double those agreed at the 2015 Paris climate-change conference.

Free ReadKosmos Energy, the US partner of BP in the Mauritania-Senegal floating LNG projects, has completed its acquisition for more than $1.22 billion of Deep Gulf Energy as it keeps faith in the deepwater Gulf of Mexico as other operators retreat to the US onshore shale basins. Kosmos, based in Dallas,…