LNG
News
December 31, 2019
A decade after its discovery was lauded as a guarantor of Israel’s energy security, the giant Leviathan natural-gas field started production Tuesday. But instead of anticipating a coal-free future, residents living near the gas platform have abandoned their homes for a day.
News
December 19, 2019
One of China’s top liquefied natural gas buyers offered to sell a cargo on the cheap – and in the throes of winter – a fresh sign of the massive oversupply that has weighed on the market.
News
December 12, 2019
The U.S. oil giant called time on its Kitimat LNG plant on Wednesday, saying it plans to sell its 50% stake and that the project “will not be funded by Chevron and may be of higher value to another company.”
News
December 05, 2019
The demand slowdown has pushed LNG prices in Asia lower by almost 40% this year, a slump also aided by China’s rising domestic output of the fuel.
News
November 27, 2019
Total SA’s giant Mozambique gas project will get a $400 million loan from the African Development Bank, adding to its list of backers as the East African nation works to establish a fuel-export industry.
News
November 25, 2019
Gunvor Group Ltd. agreed to double the maximum amount of liquefied natural gas it plans to buy from a $4 billion export project in Louisiana and said it will recruit additional customers for the terminal.
News
November 25, 2019
Qatar, the world’s biggest supplier of liquefied natural gas, plans to boost output capacity by almost two thirds after it adds production facilities to exploit recently discovered reserves.
News
November 22, 2019
Algeria’s natural gas pipeline exports to Europe are getting squeezed by cheaper Russian supplies and a global abundance of the liquefied form of the fuel.
News
November 21, 2019
The Port of Brownsville is one step closer to welcoming three new LNG projects with an investment totaling $38.75 billion after the Federal Energy Regulatory Commission (FERC) approved their proposals during its monthly commission meeting.
News
November 18, 2019
The contract will see Expro continue to supply a high rate 175 MMscf/day well testing package, which will include enhanced electronic emergency shut down (ESD) systems.
News
November 13, 2019
Rockies LNG Partners, a group of Canadian natural gas drillers seeking new markets for their production, is considering building an export project on barges floating off the coast of British Columbia.
News
October 24, 2019
McDermott has been awarded a fabrication subcontract for the Greater Tortue Ahmeyim natural gas project.
News
October 14, 2019
The day rate for a standard tanker East of the Suez Canal jumped 57% in the week to Oct. 9, as issues related to U.S. sanctions on units of China’s COSCO Shipping Corp. start to hit just as the heating season begins to boost demand.
News
October 14, 2019
Santos Ltd. agreed to buy ConocoPhillips’ northern Australia business for $1.4 billion in a deal that will boost the Adelaide-based oil and gas producer’s position in the growing Asian liquefied natural gas market.
News
October 14, 2019
Total SA is spending $600 million to expand its presence in one of the world’s fastest growing natural gas markets.
News
October 10, 2019
Exxon Mobil awarded contracts worth about $13 billion to three companies including JGC Holdings Corp. to build a giant liquefied natural gas plant in northern Mozambique, the country’s oil and gas regulator said.
News
October 09, 2019
Shrugging off a global supply glut that’s left liquefied natural gas prices struggling to recover from a three-year low, the world’s biggest producer of the fuel said it’s on track to expand production.
News
October 08, 2019
Russia’s biggest liquefied natural gas producer expects to be able to mitigate any impact should U.S. sanctions on China prevent it from using a third of its fleet.
News
October 08, 2019
Qatar has invited Exxon Mobil Corp., Royal Dutch Shell Plc, Total SA, ConocoPhillips and other “big players” to submit bids to help expand its part of the world’s largest natural gas field, Energy Minister Saad Sherida Al-Kaabi said.
News
October 07, 2019
Mozambique’s government said Exxon Mobil will sign off on an initial investment decision for a liquefied natural gas project that could cost as much as $33 billion to build -- the biggest ever in Africa.
News
October 02, 2019
EnerMech Australia has been awarded a five-year contract to provide specialist nitrogen and flange management services to a LNG facility in Central Queensland.
