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Thursday, 16 March 2017
Gasunie, the Dutch natural gas company and Rotterdam LNG import terminal co-owner, said profits plunged because of an impairment linked to a regulatory ruling as revenues also declined amid more small-scale LNG shipments and low-calorific conversion of pipeline gas because of the cap on Groningen field production.
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Thursday, 16 March 2017
Tellurian Inc., the developer of the Driftwood LNG project in Louisiana and whose Chairman is former Cheniere Energy Chief Executive Charif Souki, has issued a prospectus for a proposal to sell shares on the Nasdaq Capital Markets stock exchange valued at up to $200 million.
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Thursday, 16 March 2017
US shipping line Crowley Maritime Corp. and project development and supply company Eagle LNG Partners said they had begun construction of a new liquefied natural gas fueling facility in Florida.
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Thursday, 16 March 2017
Australian liquefied natural gas producer Woodside Energy is planning to help the growth of a market for LNG as a fuel for shipping and onshore transport and is targeting the Pilbara region of Western Australia because mining companies use billions of litres of replaceable diesel and heavy fuel oil for their operations.
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Thursday, 16 March 2017
US trucking and parcel delivery company UPS said it planned to add 50 liquefied natural gas vehicles to its alternative fuel fleet as part of new investments of more than $90 million in natural gas transportation and fueling stations.
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Wednesday, 15 March 2017
LNG and natural gas demand in China is expected to increase by more than 10 percent in 2017 in a second year of double-digit expansion and by 2020 the nation’s requirement could have doubled from present levels to more than 350 billion cubic metres.
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Wednesday, 15 March 2017
Ineos, one of the largest global chemical companies and the importer of the first US shale-gas cargo into the UK, is now broadening its presence in British shale gas exploration to lessen its future reliance on imports.
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Wednesday, 15 March 2017
Australian construction company Laing O’Rourke has taken 800 workers off the Ichthys LNG project site in the Northern Territory near Darwin because of a dispute over payments for four storage tanks currently being completed for the $US37-billion Japanese -French joint venture.
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Tuesday, 14 March 2017
The Myanmar government is planning an international tender during the second quarter for the Asian nation to acquire its first LNG import facility in the form of a floating storage and regasification unit.
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Tuesday, 14 March 2017
The US Rio Grande LNG project development company in Texas run by former Royal Dutch Shell senior executive Kathleen Eisbrenner is following the trend for large liquefaction projects on the Gulf Coast to list on the stock exchange by setting up a merger with a listed firm.
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