Out Asia-Pacific editor
Australia's Woodside Petroleum, operator of the North West Shelf liquefied natural gas plant, said the project's six participants, among the world's largest LNG players, have approved a $2 billion venture to extend the production span of the facility.
Our Europe editor
Wood Group of the UK has won its second front-end engineering design contract for the proposed Browse floating liquefied natural gas development offshore Western Australia involving Woodside petroleum and oil majors.
Woodside Petroleum, Australia's largest LNG operator, has formally withdrawn its takeover proposal made to Papua New Guinea company Oil Search, a stakeholder in one operational liquefaction plant and in another LNG project in the Oceania nation.
Out Asia-Pacific editor
The Japanese government said the average price of spot liquefied natural gas cargoes imported into Japan last month was $7.50 per million British thermal units compared with $14.30 per MMBtu in the same month a year ago, a fall of $6.80 per MMBtu, or 47.5 percent.
The United States Government said one of the implications of the US LNG project build-out is that around 100 LNG carriers are expected to be needed to ship America's natural gas surplus to customers around the world.
Our North America editor
Fluor Corp., the Texas-based energy and LNG engineering and construction company, has acquired Stork Holding BV of the Netherlands for around $755M as industry consolidation continues to lower costs in a weaker market.
Canada has started the first use of liquefied natural gas to fuel trucks at one of the country's largest open-cast mining operations in the province of British Columbia, backed by utility and fuel provider FortisBC.
Royal Dutch Shell has advanced with its plans to build a specialised, small-scale LNG bunker vessel to be based in the Port of Rotterdam and to be able to make deliveries to LNG-fueled vessels in northwest Europe.
Our North America editor
TransCanada Corp may have pulled out of the Alaska LNG project but the Canadian energy and pipeline company is still at the forefront of plans to transport shale gas from northeast British Columbia to the Pacific coast for Canada's LNG export debut.
Our North America editor
Alaska Governor Bill Walker has thanked BP of the UK and US major ConocoPhillips for committing to sign and make public a Gas Availability Agreement for their share of North Slope natural gas for use in the Alaska LNG project.