Italian energy company Eni said it completed its sale of a 25 percent indirect interest in the Area 4 licence block in the Rovuma Basin of Mozambique to ExxonMobil, including a payment of $2.8 billion that gets the US major on board to run all other ventures after the first floating…
The Singapore Exchange (SGX) said it cleared the first futures contract for liquefied natural gas delivered into the Dubai, Kuwait and India (DKI) index market at a price of US$9.85 per million British thermal units.
Tellurian Inc. closed its public offering of 10 million shares at $10.00 per share and its net proceeds amounted to $94.8 million to spend mostly on engineering and development expenses for the Driftwood LNG project in Louisiana.
US liquefied natural gas equipment maker Air Products has won its second order from the engineering and construction joint venture of TechnipFMC and Japan’s JGC Corp. for the Coral South floating production project offshore the southeast African nation of Mozambique.
Kosmos Energy, the stakeholder with BP of the UK in two floating LNG production projects for natural gas discoveries in the Greater Tortue fields offshore Senegal and Mauritania in West Africa, said it completed its latest drilling in a Mauritanian exploration well and would be moving on for a two-month…
The Chart Industries fuel infrastructure subsidiary Chart Ferox has commissioned a fourth permanent fueling station in Finland for natural gas vehicles, located close to Vantaa airport in the Finnish capital Helsinki in a project also involving natural gas company Gasum.
Gaztransport and Technigaz (GTT), the French LNG maritime storage tank firm, was meeting investors on December 12 to highlight the positive trends in the current market, reflected in the upswing in ship charter rates on the spot market, the rise in LNG imports and the benefits of competition provided by…
Australian natural gas explorers are turning to prospects in areas such as the Bonaparte Basin offshore northwestern Australia to point more feed-gas at projects such as the Inpex-led Ichthys LNG plant and the existing Darwin liquefaction facility, operated by ConocoPhillips, in the Northern Territory.
Novatek, the Russian main shareholder in the Yamal LNG export project that has just started operations in northeast Siberia, said the first cargo was sold to the UK LNG subsidiary of Malaysian energy company Petronas, joint owner of the Dragon import terminal in the UK port of Milford Haven.
Global commodities company Trafigura said its liquefied natural gas traded volumes rose more than 26 percent in the past year to 8.1 million tonnes of LNG compared with 6.4MT in 2016 as it boosted its personnel in Singapore for the Asian market and continued work in Europe on a UK…