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TechnipFMC, the recently merged Franco-US energy and LNG engineering company, reports its second-quarter earnings after the New York Stock Exchange closes on July 26 as its shares dropped following an admission it had made errors in its first-quarter report.
Australian energy company Santos has named former BG Group and BHP Billiton LNG executive Philip Byrne as Executive Vice President of Marketing and Trading to extract maximum value from the company’s stakes in three Asia-Pacific LNG plants.
Malaysian energy company Petronas, one of the world’s leading LNG operators, has formally cancelled its planned US$27-billion Pacific Northwest Project in the Canadian province of British Columbia as had been expected for many months.
Black and Veatch, the US energy engineering company, was awarded the contract for the Indian Swan LNG import project planned for Jafrabad in the northwest state of Gujarat.
Anadarko Petroleum, the US exploration and production company and one of the main developers of LNG in the southeast African nation of Mozambique, reported a second-quarter net loss $415 million, though cash flow came in at $857M from operations.
Royal Dutch Shell said a new era had opened for the LNG industry as its “Prelude” floating production hull arrived in Australian waters after being towed from the shipyard in South Korea.
Clean Energy Fuels Corp., the US gas-fuel company based in California which supplies LNG and compressed natural gas (CNG) fuel, stations and equipment has signed a deal to help the Spanish city of Madrid to provide more buses with clean fuel to replace diesel.
Qatar Gas Transport Co., the LNG carrier operator also known as Nakilat, posted lower first-half net profits as it completes the move of 25 LNG carriers from being operated by Royal Dutch Shell’s shipping unit to Nakilat itself.
Hoegh LNG Holdings said it received commitment letters for $230 million in financing from several institutions for a newbuild floating storage and regasification unit, with the favourable terms reflecting well on the Norwegian company’s growth strategy.
The Chief Executive of Italian energy company Eni, Claudio Descalzi, has held talks in the Qatari capital Doha with his counterpart at Qatar Petroleum, Saad Sherida Al-Kaabi, covering future cooperation in the LNG and energy sectors.