Clean Energy Fuels Corp., the California-based leader in natural gas-fuel supply including liquefied natural gas, reported a 6.8 percent surge in its sales to 351.4 million gallons, though the absence of a federal alternative fuels tax credit (AFTC) in 2017 led to a drop in revenue.
Harvey Gulf International Marine, the US small-scale fleet owner and liquefied natural gas bunkering specialist, has filed for Chapter 11 bankruptcy protection, though the move would not affect LNG operations.
Australia-listed Oil Search, a Papua New Guinea LNG stakeholder and field operator, said the liquefaction and export plant near Port Moresby would be reopened for production in early May after it conducted a field trip to assess damage and also to under-score the continued progress of expansion plans.
Argentine state-run energy company Integracion Energetica Argentina (IEASA), formerly known as Enarsa, has revealed the main winners of its latest LNG cargo tender with four companies chosen as the main suppliers.
Sempra Energy supremo Debra L. Reed, the most powerful woman in LNG and the US utilities industry, plans to step down at the end of the year after a 40-year career that included leading two LNG export and liquefaction projects in the US and Mexico near to their fruition.
Tellurian Inc., the developer of the Driftwood LNG plant in Louisiana and founded by industry veterans Sharif Souki and Martin Houston, has outlined more details of its upstream acquisition plans and financing strategy as it considers acquiring more shale-gas assets in Northwest Louisiana or East Texas.
Golar LNG, the fleet owner and project developer said first production of LNG has successfully commenced from the production vessel “FLNG Hilli Episeyo” offshore the West African state of Cameroon.
Noble Group, the troubled Singapore-listed LNG and energy and commodities trader, has opted not to pay the coupon on a $750 million bond as it remained close to a debt restructuring agreement with its biggest creditors.
Woodside Petroleum, the operator of two LNG export plants in Western Australia, and Australian commodities group BHP Billiton have entered into an agreement in relation to the proposed development of the Scarborough gas field, part of which Woodside is in the process of acquiring from ExxonMobil Corp. for LNG expansion.
Italian energy company Eni has agreed to sell a stake for $934 million to the United Arab Emirates-based Mubadala Petroleum in the prolific Shorouk concession offshore Egypt containing the huge Zohr natural gas field that will enable the Egyptians to halt LNG imports as most of their domestic gas requirements…