ExxonMobil said it signed an agreement with the government of the West African state of Ghana, currently involved in LNG import plans, to acquire exploration and production rights for the Deepwater Cape Three Points block.
Gas Natural Fenosa, the Spain-based utility company and liquefied natural gas market participant, said it signed an exclusive 10-year bunkering contract to supply LNG fuel to the ports served by Spanish ferry company Balearia.
US LNG export data showed China and South Korea each received six shipments from the Sabine Pass export plant in Louisiana as the Chinese surged up the top 10 of American cargo recipients with 29 delivered overall, according to the latest monthly data from the Department of Energy.
Woodside Petroleum, the leading Australian LNG plant operator, posted a decline in revenue even as its stake in the Chevron-led Wheatstone LNG plant came to fruition and results from its owns two operated plants in Western Australia were mixed in terms of volumes and sales.
Tellurian Inc., the developer of the Driftwood LNG export project in Louisiana, has hired US investment bank Goldman Sachs and the US unit of French bank Societe Generale as financial advisors to help organize future funding requirements.
Two Dutch companies and a German firm have launched an open season to test the market for the first LNG import terminal planned for Germany at Brunsbuttel on the River Elbe near the port of Hamburg.
The Dutch Title Transfer Facility (TTF) price of natural gas in Europe, already included in some US LNG contract agreements and seen as a future European benchmark instead of the UK price, is threatened by a gas transition policy void in The Netherlands.
Dominion Energy, owner of the US Cove Point LNG export plant in Maryland, told South Carolina state senators that the state could either accept Dominion's proposed $14.6 billion takeover offer to buy the local Scana Corp., or they could watch the troubled public utility potentially fall into bankruptcy.
The trading subsidiary of Russian natural gas company Gazprom said it had renegotiated the terms and pricing for its liquefied natural gas supply agreement signed more than five years ago with Gas Authority of India.
Norway has awarded a record number of 75 licences for natural gas and oil exploration in the North Sea, the Norwegian Sea and the Barents Sea with Norwegian company Statoil having the highest number of awards and one of the other biggest gainers being Germany’s Deutsche Erdoel AG (DEA) and…