LNG

Occidental Petroleum, the Houston-based company with US oil and gas assets and Warren Buffett as a main shareholder as well as owning Algerian oil and associated natural gas stakes pointing at Europe, reported strong third-quarter results.

European classification society, DNV of Norway, said at Gastech in Milan that it had advised Italian natural gas grid and LNG terminal operator SNAM on its acquisition of two floating storage and regasification units (FSRUs) from Golar LNG and BW Gas.