Results46 articles shown
SHI Receives Shell's Termination Notice for $4.7B FLNG Building Contract
Friday, April 29, 2016 Samsung Heavy Industries receives a notice to terminate the $4.64 billion contract from Shell to build three floating liquefied natural gas units.
PETRONAS Canada LNG Project Chief Sees Investment Decision In Months
Friday, April 29, 2016 PETRONAS and its partners hope to make a final decision within months on whether to build what could be Canada's first liquefied natural gas export project, though further delays to the environmental review could push that timeline back.
Russia's Novatek Says Yamal LNG Unlikely To Get Chinese Loans In May
Tuesday, April 26, 2016 Leonid Mikhelson, the head of No.2 Russian gas producer Novatek, says the Yamal LNG project is unlikely to get loans from China next month.
Santos Quarterly Revenue Steady As LNG Output Ramps Up
Friday, April 22, 2016 Santos reports a 1% rise in 1Q revenue as it stepped up coal seam gas sales to its Gladstone LNG plant, offsetting a collapse in oil and gas prices.
Australia Watchdog Looks To End ExxonMobil, BHP Joint Gas Sales
Friday, April 22, 2016 Australia's competition watchdog wants to break up a marketing joint venture between ExxonMobil and BHP Billiton to help boost competition in the eastern Australian gas market, it says.
Russia and Norway Use Saudi Oil Strategy in Europe's Gas Market
Thursday, April 21, 2016 Europe is awash with low-priced natural gas, thanks to Russia and Norway using a Saudi-like tactic to hold market share.
Chevron Signs Up Australia's Alinta To Buy Gas From Wheatstone
Tuesday, April 19, 2016 Chevron agrees to sell 20 petajoules a year of gas from its Wheatstone project to Alinta Energy in Western Australia starting in 2020, securing a customer for more than a quarter of the domestic gas output from Wheatstone.
Papua New Guinea LNG Projects See Opportunity In Tough Market
Tuesday, April 19, 2016 As LNG producers despair over a supply glut, two projects in Papua New Guinea are pressing on in a bid to sign off on new developments by 2018.
Indonesia's Small-Scale LNG Plans Face Several Challenges
Friday, April 15, 2016 Some analysts say small-scale LNG could be best for Indonesia, but one observer says it's more sensible to reform the gas sector.
PETRONAS Urges LNG Players to Strive for a More Equitable Relationship
Thursday, April 14, 2016 PETRONAS urges liquefied natural gas players to strive for a more equitable relationship in the current oversupplied market to ensure the continuity and sustainability of the business.
Total, KOGAS Sign MoU to Reinforce Cooperation on LNG
Wednesday, April 13, 2016 Total signs a memorandum of understanding with Korean Gas Corp. to reinforce cooperation throughout the liquefied natural gas value chain.
Woodside to Supply LNG to Pertamina for 15-20 Years
Wednesday, April 13, 2016 Woodside signs agreement to supply up to 1 million tons per annum of liquefied natural gas per year to Pertamina for a period of 15 to 20 years.
Mitsubishi, ExxonMobil Collaborate on Advanced Gas Turbine Technology
Tuesday, April 12, 2016 Mitsubishi to collaborate with ExxonMobil in developing advanced gas turbine technology in order to reduce liquefied natural gas unit costs.
GE Oil & Gas Begins Production of Flexible Risers for Prelude FLNG
Tuesday, April 12, 2016 GE Oil & Gas begins production of flexible risers for the Prelude floating liquefied natural gas facility to be deployed off Western Australia.
ABS Approves HHI's FLNG Hull Design
Tuesday, April 12, 2016 ABS grants approval in principal to Hyundai Heavy Industries for the latter's floating liquefied natural gas hull design.
Woodside Inks Contract for Australia's First LNG-Powered Support Vessel
Tuesday, April 12, 2016 Woodside inks a five-year charter contract with Siem Offshore for Australia's first liquefied natural gas-powered marine support vessel to be delivered in 2017.
Woodside, KOGAS Ink MoU to Extend Partnership
Monday, April 11, 2016 Woodside and Korean Gas ink a memorandum of understanding to extend their partnership.
LNG Backers Face Comatose Market as Oil Shows Signs of Life
Monday, April 11, 2016 As oil markets look for the green shoots of a price recovery, LNG participants are hunkering down for a long winter.
Chevron Sees Australia's Gorgon Project Train 1 Restarting in 30-60 Days
Wednesday, April 06, 2016 Chevron Australia expects to restart production from Train 1 of the Gorgon Project on Barrow Island, Western Australia within 1 to 2 months after shutting it down due to mechanical issues.
Inpex Asked to Submit Indonesia's Abadi Project POD Using Onshore LNG Plant
Monday, April 04, 2016 Inpex receives formal notice from the Indonesian authorities to submit a development plan for the Abadi project based on an onshore liquefied natural gas plant.
Petrobangla, Excelerate Sign Agreement to Build Bangladesh's First FSRU
Monday, April 04, 2016 Petrobangla and Excelerate Energy sign agreement to build Bangladesh's first floating storage and regasification unit.
Israel's High Court Strikes Down Government Natural Gas Plan
Monday, March 28, 2016 Israel's High Court blocked the government's controversial proposal to regulate the natural gas industry, which complicates plans to develop the country's largest field and conclude export deals.
TASS: Jordan Seeks To Buy Gazprom's LNG At Preferential Prices
Monday, March 28, 2016 Jordan has asked Russia's government for supplies of liquefied natural gas (LNG) produced by state-controlled Gazprom at preferential prices, TASS news agency reports.
Prices Steady, Global Tenders To Provide Direction
Friday, March 25, 2016 Asian spot prices for LNG held their ground this week as market participants awaited the outcome of several global tenders to set the direction for future trade.
Shell, Total Mull LNG Terminal Projects in the Philippines
Friday, March 25, 2016 Shell and Total rekindle interests to develop liquefied natural gas terminal projects in the Philippines.
Shell Says No Changes in Plans to Expand Russian Sakhalin-2 LNG Plant
Thursday, March 24, 2016 There are no changes in plans to expand Russia's Sakhalin-2 liquefied natural gas plant, operated by Royal Dutch Shell and Gazprom, says Olivier Lazare, head of Shell's operations in Russia.
Malaysia's Petronas Says Still in Talks with Canada on LNG Project
Thursday, March 24, 2016 Petronas continues to hold talks with Canadian authorities on how it can move forward with its much-delayed liquefied natural gas project.
Inpex, Shell Say Yet To Decide On Onshore Option For Indonesia LNG Plant
Thursday, March 24, 2016 Inpex and Shell are expected to invest in the construction of Indonesia's onshore Masela liquefied natural gas plant.
Indonesia Rejects Inpex's Mega Floating LNG Project, Wants To Stay Onshore
Wednesday, March 23, 2016 Indonesia's President Joko Widodo rejects Inpex and Shell's proposal to build the world's largest floating LNG plant in the country's east, saying an onshore plant would benefit its economy more.
Malaysian PM: PETRONAS Has Been Resilient in Dealing with Downturn
Tuesday, March 22, 2016 Malaysian Prime Minister Najib Razak says at OTC Asia that PETRONAS has been resilient in dealing with challenges it faced in the current downturn.
Canadian Agency Extends Application For Petronas LNG Project
Monday, March 21, 2016 Canadian regulators extended by three months PETRONAS' application to build a liquefied natural gas terminal on the nation's Pacific coast so the Malaysian company can provide more information about the project's environmental impacts.
Chevron Ships First Gorgon LNG Cargo to Japan's Chubu Electric Power
Monday, March 21, 2016 Chevron ships first cargo of liquefied natural gas from the Gorgon project offshore Western Australia to Japan's Chubu Electric Power.
Regulator: Japan's Inpex To Cut Indonesian Workforce By 40%
Wednesday, March 16, 2016 Inpex will delay sanctioning its Masela Abadi LNG project in Indonesia by at least two years, the Indonesian energy regulator says.
Analysts: Europe Has Chance to 'Pivot West' for Gas Supplies
Wednesday, March 16, 2016 Europe's at a crossroads in terms of ensuring reliable and sufficient natural gas supplies.
Minister Said To Refer PETRONAS Gas Project To Trudeau Cabinet
Wednesday, March 16, 2016 PETRONAS' proposal to build a LNG terminal on Canada's Pacific Coast faces further delay as the minister responsible prepares to declare it will likely have a significant environmental impact, according to people familiar with the matter.
Russia's Novatek Completes Deal to Sell Yamal LNG Stake
Tuesday, March 15, 2016 Russia's No.2 natural gas producer Novatek says it has completed a deal to sell a 9.9 percent stake in the Yamal LNG project to China's Silk Road Fund for $1.2 billion.
China Joins India Seeking Better LNG Terms As Contracts Weaken
Friday, March 11, 2016 China's biggest energy company joins India in seeking to renegotiate long-term liquefied natural gas supply contracts amid a global glut that's driving spot prices to the lowest in more than five years.
Official: Japan's Inpex Could Save $6B if Indonesia LNG Plant Sited on Land
Friday, March 11, 2016 Japan's Inpex and Royal Dutch Shell could save as much as $6 billion if Indonesia builds the Masela Abadi LNG plant on land rather than offshore, according to a maritime affairs official.
Russia's Novatek to Launch 1st Yamal LNG Train with No Additional Financing
Thursday, March 10, 2016 Russia's Novatek plans to launch its first Yamal LNG train in 2017, requiring no additional financing, according to an executive.
Exmar, PEP to Terminate Liquefaction and Storage Agreement
Wednesday, March 09, 2016 EXMAR and Pacific Exploration and Production agree to terminate a liquefaction and storage deal for a floating liquefaction unit built in China.
Russia's Novatek Sees Yamal LNG Financing in 2-3 Months
Wednesday, March 09, 2016 Novatek expects its Yamal LNG project to secure external financing in the next 2-3 months, according to the Interfax news agency.
PETRONAS Says FID for Canada's LNG Project Pending Review of EIA Report
Wednesday, March 09, 2016 PETRONAS says a final investment decision for Canada's Pacific Northwest liquefied natural gas project will be made only after a review of the environmental impact assessment report.
After Chevron's Mega-Project, Smaller Is Better in Energy
Tuesday, March 08, 2016 With Australia's largest resource development starting to produce LNG, industry leaders and analysts say a venture as ambitious as the Gorgon project won't be replicated any time soon.
Chevron Commences Production at Australia's $54B Gorgon LNG Project
Tuesday, March 08, 2016 Chevron commences first liquefied natural gas production at the $54 billion Gorgon Project on Barrow Island, off Western Australia.
PETRONAS Names PFLNG SATU in Ceremony at DSME's Okpo Yard in South Korea
Monday, March 07, 2016 PETRONAS names its first floating liquefied natural gas facility PFLNG SATU at Daewoo Shipbuilding & Marine Engineering Co.'s yard in South Korea.
Golar GenPower, ExxonMobil Sign LNG Supply Deal for Power Project in Brazil
Monday, March 07, 2016 Golar GenPower and ExxonMobil sign framework agreement for the supply of liquefied natural gas to Brazil's Porto de Sergipe power generation project.
|Brent Crude Oil :||$48.13/BBL||0.02%|
|Light Crude Oil :||$45.92/BBL||0.23%|
|Natural Gas :||$2.17/MMBtu||4.83%|
|Updated in last 24 hours|