JGC Corp. of Japan and Kiewit Energy Group of the US were selected by Veresen Inc. of Canada as future contractors to construct the Jordan Cove LNG export plant planned for Coos Bay in the northwest US state of Oregon.
Stolt-Nielsen, the Norwegian-listed shipping and storage company with small-scale LNG project plans on the Italian Island of Sardinia and in Scotland, posted a second-quarter drop in net profit of around 60 percent to $15.6 million compared with $38.0M in the year-ago quarter.
The Intercontinental Exchange (ICE), the operator of global pricing and clearing for energy and commodities, has made the ICE Endex European pricing and trading platform a fully-owned subsidiary after acquiring the remaining shares held by Dutch natural gas transmission company Gasunie.
The French Channel port of Dunkirk and the Dunkirk LNG terminal have signed an agreement to jointly develop a bunkering station for LNG as part of the build-out of clean-fuel infrastructure in Northwest Europe for ships and trucks.
CB&I, the US energy engineering company, was awarded a contract valued at nearly $200 million by Venture Global LNG, a US-based project developer based in Washington DC, to construct two LNG storage tanks for the company's proposed Calcasieu Pass export facility in southwest Louisiana.
The International Gas Union has released its 2017 Wholesale Gas Price Survey, confirming significant changes in wholesale price formation mechanisms during a period of key developments and upheaval in the global LNG and gas market.
Norwegian-based consultancy and services company Add Energy was awarded a contract as part of the development of the Angelin natural gas field by BP in Trinidad to supply more feed-gas for the Atlantic LNG liquefaction and export plant at Point Fortin.
Australian project developer LNG Ltd said New York-based fund Stonepeak Partners is continuing its support for the Magnolia LNG export project in Louisiana after amending its original commitment agreements.
Pembina Pipeline Corp., the Canadian pipeline company taking over the Jordan Cove LNG project in the US northwest state of Oregon through its merger with Veresen Inc., said it had placed $2.8 billion of projects into service as part of a major pipeline expansion.
Dutch company Rolande LNG has taken over ENN Clean Fuels, a small European unit of the huge Chinese operator ENN Energy Holdings, to expand its network of liquefied natural gas fueling stations for trucks.