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Monday, 13 March 2017
Royal Dutch Shell has formally withdrawn its plans for a Canadian liquefied natural gas liquefaction and export plant inherited as part of its acquisition of BG Group of the UK and located on Ridley Island near that port of Prince Rupert in British Columbia.
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Monday, 13 March 2017
Australian engineering company WorleyParsons, whose past projects have included working on the Singapore LNG import terminal and liquefaction plants in Western Australia such as Wheatstone LNG, has signed a long-term, multi-regional agreement with Chevron for engineering and procurement services.
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Friday, 10 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 selected SG Americas Securities, the subsidiary of a French bank, to provide general financial strategy and planning for the venture.
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Friday, 10 March 2017
Royal Dutch Shell Chief Executive Ben van Beurden said expansion of natural gas and LNG activities would be one of his company’s key contributions to reducing greenhouse-gas emissions.
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Friday, 10 March 2017
The US benchmark Henry Hub spot natural gas price, a measure of LNG export values from the Gulf Coast and linked to supply contracts, was in the $2.60-$2.69 per million British thermal units over the trading week before rising on March 10 to around $2.83 per MMBtu - a year after the price…
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Thursday, 09 March 2017
ExxonMobil Corp. and Italian energy company Eni signed an agreement to enable the US major to acquire from Eni a 25 percent interest in the Area 4 block of the Rovuma Basin offshore Mozambique where LNG projects are planned for a cash price of around $2.8 billion.
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Thursday, 09 March 2017
Australia’s East Coast natural gas market analysis has found that estimates of commercial gas reserves to service the new Gladstone-based LNG industry in Queensland and local domestic gas consumption carry substantial risks that are not widely appreciated.
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Thursday, 09 March 2017
Malaysian energy company Petronas has signed an LNG supply agreement with Japanese utility Hokkaido Electric Power for a period of 10 years that will see shipments delivered to one of Japan’s newest and expanding import terminals.
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Thursday, 09 March 2017
The Fortuna floating liquefied natural gas project offshore Equatorial Guinea in West Africa remains firmly on schedule for a final investment decision in the next few months.
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Thursday, 09 March 2017
Japan said the average price of delivered spot liquefied natural gas cargoes in February 2017 jumped to their highest level in two years to reach $8.80 per million British thermal units, $1.90 per MMBtu higher than the $6.90 per MMBtu price logged in the same month a year ago.
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