Canadian bearings manufacturer Thordon Bearings said that sea trials of LNG-fuelled cement carrier “Greenland” had validated a pollution-free, seawater-lubricated propeller shaft bearing system called Compac.
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Majors ExxonMobil, ConocoPhillips and BP are still fully committed to venture
Our North America editor
The three energy majors involved in the Alaska LNG project have agreed to explore options to continue to progress with the venture after holding talks with state officials and Alaskan Governor Bill Walker.
Our Asia-Pacific editor
Australian liquefied natural gas operator and Asia-Pacific energy major Woodside said its potentially large natural gas discoveries offshore Myanmar will be required for domestic use or could be partly destined for a new pipeline corridor to China rather than be liquefied and exported by ship.
Woodside Chief Executive Peter Coleman said the Australian liquefied natural gas and energy producer is focusing in the future on the Browse and Wheatstone LNG projects in Australia, as well as Kitimat in Canada while building on its exploration success in Myanmar.
Our Asia-Pacific editor
Japanese liquefied natural gas imports plunged in January by more than 14 percent even at the current low prices for oil-linked contract deliveries for the world's largest buyer of cargoes.
FMC Technologies, the US-based energy and LNG contractor and services supplier, reported fourth-quarter revenue of $1.4 billion, down 34 percent from the same three months the year before, amid "unprecedented restructuring" plans to overhaul operations and cut costs.
Spanish import terminal owner and transmission company Enagas reported a net profit of 412.7 million euros ($460M) as the nation's gas demand posted its largest increase in seven years.
Our Asia editor
Royal Dutch Shell and French energy company Engie, along with their Indian partners, have received government clearance for India's first liquefied natural gas import facility on the east coast, located near the port of Kakinada on the Bay of Bengal.
Noble Energy, the company with projects in the East Mediterranean and the key US shale-gas plays such as the Marcellus and Eagle Ford, was still advancing ventures through the downturn as supplies to Israel rose 10 percent amid plans to also supply Egypt with LNG feed-gas.