Australian LNG operator Woodside reports multiple increase in quarterly revenues as projects advance
Australian LNG plant operator Woodside Energy reported a more than 3.5-fold increase in third-quarter revenues, reflecting higher sales volumes and surging average realised prices in the portfolio.
Energy trader Axpo increases syndicated bank credit lines to a total of €5.3Bln to travers market concerns
Switzerland's Axpo, the largest producer of renewable energy and an international leader in energy trading and marketing, has closed an additional syndicated, committed and unsecured credit facility of €2.3 billion with an international banking consortium, increasing its syndicated credit lines with banks to a total of €5.3 billion.
LNG producer Abu Dhabi marks first anniversary of oil futures platform launch and start of price surge
Abu Dhabi National Oil Company (ADNOC), the oldest LNG producer in the Middle East, has marked the first anniversary since the launch of ICE Futures Abu Dhabi (IFAD) platform and ICE Murban Crude Oil futures in a time when the price of oil has doubled and just fallen back slightly.
Oil recovery comes at auspicious time for LNG producer Abu Dhabi to launch new Murban Crude Futures
Intercontinental Exchange, the leading operator of global energy derivative exchanges and clearing houses, said the launch of the world’s newest oil futures contract for liquefied natural exporter Abu Dhabi is on track for a March 29 debut.
