Daily News
US LNG exports are expected to take a week or so to reach the levels prior to Hurricane Laura hitting the Gulf Coast as the Sabine Pass…
Free ReadRussian energy shipping giant, PAO Sovcomflot (SCF Group) has reported a 149% increase in net profit for the first half of this year, compared to 1H19. The…
Japanese power utilities’ LNG demand has partially recovered thus far this month, due to high temperatures, specifically in western Japan.
Although not as damaging to oil and gas plants as first feared, Hurricane ‘Laura’s’ approach temporarily suspended operations at several US Gulf LNG terminals on Thursday.
China imported 5.03 mill tonnes of LNG in July, up 3.1% year-on-year, but down 13.1% month-on-month, data released yesterday by China's General Administration of Customs showed.
Free ReadBangladesh state-owned Petrobangla has signed an agreement with HSBC to ensure imported LNG bills are paid on time. This deal was dubbed ‘Clean Import Loan’ (CIL), according…
Thursday, 27 August 2020
US natural gas prices fell yesterday from the previous day’s session as demand from US LNG plants plummeted ahead of Hurricane ‘Laura’s’ expected landfall.
Wednesday, 26 August 2020
Russian state financing Corporation, VEB.RF has signed a loan agreement with operator RusKhimAlyans to finance the initial phase to construct Russia’s largest gas chemicals facility at Ust-Luga…
Wednesday, 26 August 2020
Free ReadPapua New Guinea’s (PNG) oil and gas developer, Oil Search, has warned of a two-year delay in a $20 bill LNG expansion plan in the country. It…
Cheniere Energy is to temporarily shut down production and evacuate staff at its Sabine Pass LNG export terminal in Louisiana as the strengthening Hurricane ‘Laura’ approaches the…
Japan Petroleum Exploration (JAPEX) will need around 200,000 tonnes of additional LNG in fiscal year 2020/2021 (April/March).
Greek gas company Gastrade has signed an agreement to sell 20% of its share capital to Bulgartransgaz EAD (BTG), operator of Bulgaria’s National Natural Gas System.
The Sri Lankan Board of Investment (BoI) has signed an agreement with Pearl Energy to invest $97.2 mill in a floating storage LNG trading facility at Hambantota.
Free ReadLNG spot price for delivery to North Asia has more than doubled since hitting an all-time low earlier this year,. However, the gain is more impressive on…
Up to 10 US LNG export cargoes are expected to be cancelled for October.
Late last week, Turkey announced its largest natural gas discovery.
Teekay LNG Partners has priced NOK1,000 mill in new senior unsecured bonds that are due to mature in September, 2025 in the Norwegian bond market.
Keppel Offshore & Marine’s conversion of Golar’s LNGC ‘Hilli Episeyo’ into an FLNG was estimated to have saved about 33% of greenhouse gas (GHG) emissions, compared to a…
Friday, 21 August 2020
The US Department of Energy (DoE) has given its final approval for Alaska LNG to export LNG.
Thursday, 20 August 2020
Free ReadFSRU and LNGC owner, Höegh LNG Holdings has reported a net profit of $2.9 mill for the second quarter of this year. EBITDA came in at $57.7…
The past two weeks were good for world LNG shipping companies stocks, which were able to add more than 12% in total.
The US Government Accountability Office (GAO) has issued a report slamming LNG regulators in the US entitled ‘Natural Gas Exports: Updated Guidance and Regulations Could Improve Facility Permitting Processes.’