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Friday, 08 February 2019
Singapore LNG cargo indices dropped below US$7.00 per million British thermal units as the market was purely seasonal, though supported in the background by a steady oil price above $60 per barrel.
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Friday, 08 February 2019
Baker Hughes-GE, the US energy services and equipment company, said it was awarded the contract to supply turbomachinery for the construction of the Golden Pass LNG export facility in Texas following the recent decision by Qatar Petroleum and ExxonMobil to go ahead with the venture.
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Thursday, 07 February 2019
French energy major Total said fourth-quarter net income rose by 10 percent to $3.16 billion and jumped by 28 percent for the full year to $13.55Bln as its liquefied natural gas activities increased with fresh volumes coming from Ichthys LNG in Australia and the Yamal plant in Russia.
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Thursday, 07 February 2019
Free ReadUS regulators are moving forward with the Pointe LNG project proposed for the East Bank of the Mississippi River, which would be the second riverbank export facility planned for south of New Orleans. The Federal Energy Regulatory Commission said it was preparing an environmental impact statement (EIS) that would discuss…
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Thursday, 07 February 2019
The Shanghai Petroleum and Natural Gas Exchange said natural gas transactions reached a record high last year as demand jumped because of gas replacing coal in the general energy mix and as the northern cities adopted policies to reduce pollution.
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Thursday, 07 February 2019
Novatek, the Russian natural gas company whose Yamal LNG plant started operations just over a year ago, is making progress with its second venture planned for the Gydan Peninsula in the Arctic region with the awarding of another equipment contract.
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Thursday, 07 February 2019
Free ReadIntercontinental Exchange, the operator of global platforms and clearing houses for energy and commodities, reported record trading in the continental European natural gas Dutch Title Transfer Facility (TTF) contract and in the Japan-Korea Marker contract used for North Asian LNG cargo pricing. ICE said in a statement that Dutch TTF…
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Wednesday, 06 February 2019
Wood Group of the UK and KBR of the US have won a contract to deliver integrated front-end engineering and design for Royal Dutch Shell’s Crux project comprising the construction of a platform and gas export pipeline located offshore Western Australia and linked to the Prelude floating LNG venture.
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Wednesday, 06 February 2019
Otto Energy, an Australian independent oil and gas exploration and production company, has seen its shares surge more than 40 percent this week after it announced an onshore natural gas discovery in Matagorda County in South Texas that could go into production as early as March.
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Wednesday, 06 February 2019
Free ReadQatar Petroleum and ExxonMobil have made a final investment decision to proceed with development of the Golden Pass LNG export project in Texas and have awarded construction contracts to a US-Japanese consortium for work to begin within weeks and for the facility to be operational in 2024. “Golden Pass will…
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