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Wednesday, 10 May 2017
US natural gas production is expected to rise to an average of 74.1 billion cubic feet per day for 2017 and to surge even higher in 2018 as benchmark prices also increase on the back of LNG exports and more demand from the domestic market.
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Tuesday, 09 May 2017
Pieridae Energy of Canada has ratified labour agreements to secure building trade workers for its Goldboro liquefied natural gas export plant in the Atlantic province of Nova Scotia.
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Tuesday, 09 May 2017
Australian engineering and construction company Monadelphous said it was awarded the long-term offshore maintenance services contract for the Ichthys LNG project being developed by Japanese energy company Inpex near Darwin in the Northern Territory.
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Tuesday, 09 May 2017
CB&I, the US energy and liquefied natural gas engineering company, reported a 77 percent drop in first-quarter net income and revenue also fell, though the company sensed a rebound in opportunities in China and the Middle East.
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Tuesday, 09 May 2017
Japanese utility and LNG importer Tokyo Gas has completed a transaction to take a strategic equity investment in a US company with natural gas assets in Louisiana and Texas, including the Haynesville shale play, for future use in liquefaction tolling agreements at Gulf Coast export plants.
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Tuesday, 09 May 2017
UK major BP and its US project joint venture partner for offshore Senegal and Mauritania announced a large natural gas discovery to further enhance the resources offshore West Africa and providing the foundation for a second liquefied natural gas hub.
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Monday, 08 May 2017
Veresen Inc. of Canada, developer of the Jordan Cove LNG export project in the US northwest state of Oregon, said the LNG venture was still going ahead even as Veresen proceeded with its planned friendly merger with Canadian peer Pembina Pipeline Corp. in a deal valued at US$4.3 billion.
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Monday, 08 May 2017
Malaysian energy company Petronas said it expected to proceed with a second floating liquefied natural gas project involving a US company after the successful start-up of “PFLNG Satu”, the world’s first production hull deployed over the stranded Kanowit gas field offshore Sarawak.
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Monday, 08 May 2017
Australian natural gas producer, Po Valley Energy, whose subsidiary owns three onshore Italian gas fields near the cities of Milan and Bologna, has reached a provisional agreement with United Oil and Gas, holder of assets in the UK Wessex Basin, to sell it a stake in a fourth Italian field located in the Emilia Romagna…
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Monday, 08 May 2017
Shipping companies with liquefied natural gas fleets are now expecting an increase in activity from the summer cooling season in the Middle East and Asia and from Southern Hemisphere winter demand.
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