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Wednesday, 14 June 2017
Awilco LNG, the small Norwegian operator in the spot market, said that it had signed a final revised agreement with Teekay LNG Partners on two carrier charters and all conditions had been fulfilled for a private placement of its own shares as part of a refinancing.
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Wednesday, 14 June 2017
There was sub-par growth in global natural gas production as the US benchmark Henry Hub price was 5 percent lower than in 2015, European and Asian gas markers were down 20-30 percent and the pricing environment continued to adjust to increased LNG supplies, according to the latest global statistical report.
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Tuesday, 13 June 2017
The US Federal Energy Regulatory Commission has issued a notice of its intent to prepare an environmental impact statement for the Jordan Cove LNG export project proposed for Coos Bay in the northwest state of Oregon.
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Tuesday, 13 June 2017
Australian developer LNG Ltd has formally extended its final turn-key engineering and construction contract for the Magnolia LNG export venture in Louisiana by six months as it seeks to finalize supply agreements with customers.
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Tuesday, 13 June 2017
LNG export Qatar’s dispute with its Gulf Cooperation Council (GCC) neighbours, including the United Arab Emirates, Bahrain, Kuwait and Saudi Arabia is having little impact on the LNG market and it is business-as-usual for global LNG shipping shares.
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Tuesday, 13 June 2017
Indian businessman Darshan Hiranandani and his H-Energy company is making progress in his floating storage and regasification project by formally signing its charter agreement for the vessel with French energy company Engie.
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Monday, 12 June 2017
Corpus Christi LNG, the second Cheniere Energy liquefaction and export plant to add to the Houston-based company’s volumes from the Sabine Pass facility in Louisiana, said the first processing Train would be ready for commercial operations ahead of schedule in the first half of 2019 and that pipeline supply infrastructure…
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Monday, 12 June 2017
Norwegian energy company Statoil has committed itself to continuing the deepwater offshore exploration programme in the Great Australian Bight offshore South Australia that was vacated by BP of the UK in October 2016.
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Monday, 12 June 2017
ExxonMobil, the US oil and gas major and one of the largest LNG producers with stakes in liquefaction plants in nations such as Australia, Qatar and Papua New Guinea said it was being subjected to a witch hunt by New York Attorney General Eric Schneiderman over climate-change policies.
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Monday, 12 June 2017
Italian utility Edison said it was planning to sell its stake in the Adriatic LNG import terminal owned as a joint venture with Qatar Petroleum and ExxonMobil for shipping cargoes into northern Italy.
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