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LNG's Surge From Decade-Low Seen Fizzling As Supply Ramps Up
Tuesday, July 26, 2016 LNG's surge is running out of gas.
Exxon's South Pacific Gas Grab Derided By InterOil's Founder
Tuesday, July 26, 2016 InterOil's founder and third-largest investor says ExxonMobil's $3.6 billion offer for the South Pacific natural gas driller is "vastly inadequate" and he urged ExxonMobil to sweeten the offer.
Total Signs Agreement to Supply LNG to Japan's Chugoku Electric
Friday, July 22, 2016 Total signs agreement to supply liquefied natural gas to Japan's Chugoku Electric for 17 years beginning in 2019.
First US LNG Shipment to Cross Expanded Panama Canal Next Week
Thursday, July 21, 2016 The United States will ship its first LNG cargo through an expanded Panama Canal next week.
Technip to Supply Engineering for Monkey Island LNG Terminal
Thursday, July 21, 2016 Technip to supply FEED services to the new LNG export terminal that is to be located on Monkey Island, Louisiana.
Chevron Inks LNG Supply Deal with China's JOVO Group
Thursday, July 21, 2016 Chevron inks agreement with Carbon Hydrogen Energy, a subsidiary of China's JOVO Group, to supply liquefied natural gas from its global portfolio.
France's GTT Cuts Outlook on Ship Construction Delays
Thursday, July 21, 2016 French supplier of systems for marine transportation of LNG Gaztransport & Technigaz report strong growth in its first-half results, but cut its 2016 revenue outlook.
More Than $600 Billion Is at Stake as Japan Probes LNG Deals
Thursday, July 21, 2016 Japan's probe into whether the resale restrictions in most of its LNG contracts violate fair trade laws may lead to the renegotiation of more than $600 billion worth of deals.
Chevron Says Gorgon LNG Export Plant Output To Resume Shortly
Wednesday, July 20, 2016 Production should resume shortly at Chevron's $54 billion liquefied natural gas (LNG) Gorgon export plant in Australia, a company spokesman says, following a longer-than-expected shutdown caused by a leak.
Russell: Exxon's Offer for InterOil a Model for Buying at the Bottom
Tuesday, July 19, 2016 Exxon's bid to buy a junior natural gas explorer in a remote Pacific country shows that rare corporate ability of planning a deal at the bottom of the commodity cycle that holds the promise of long-term returns.
Bangladesh Signs Deals with Excelerate Energy to Build Country's First FSRU
Tuesday, July 19, 2016 Bangladesh signs deals with Excelerate Energy to build the country's first floating storage regasification unit (FSRU).
Saipem-Led Consortium Wants up to $49M More for Building Polish LNG termina
Tuesday, July 19, 2016 A consortium that built Poland's new liquefied natural gas terminal files a request for an additional payment of up to $49 million from the facility's operator.
AusGroup Signs Deal with Technip for Work on Shell's Prelude FLNG Project
Thursday, July 14, 2016 AusGroup's unit MAS Australasia signs agreement with Technip to provide scaffolding and rope access services on Shell's Prelude floating liquefied natural gas project off Western Australia.
Japan Said to Review If LNG Contracts Barring Resale Violate Law
Thursday, July 14, 2016 Japan is investigating whether contracts that restrict buyers from reselling the super-cooled fuel impede free competition, people with knowledge of the matter say.
Shell-Led Group Delays Decision On Canada Gas Export Plan
Tuesday, July 12, 2016 Shell and its partners delay for the second time this year a final investment decision on a terminal to export liquefied natural gas from Canada's Pacific Coast to Asian markets.
India's Biggest Gas Importer Plans $3B Investment in Overseas Push
Monday, July 11, 2016 Petronet aims to spend up to $3 billion in the next five years to expand overseas, setting up terminals in Bangladesh and Sri Lanka among other countries, its managing director says.
PetroVietnam Gas, Tokyo Gas May Establish LNG JV in Vietnam
Monday, July 11, 2016 Tokyo Gas plans to partner PetroVietnam Gas in a liquefied natural gas (LNG) joint venture in Vietnam.
Swiber's EPCIC Work in West Africa Delayed by Industry Slowdown
Friday, July 08, 2016 Swiber Holdings reports a delay in contract work for a $710 million offshore field development in West Africa which is being developed by a Houston-based company.
Russia's Novatek Enters LNG Spot Market with First Shipment to Chile
Thursday, July 07, 2016 Novatek, says it has begun trading operations by sending the first cargo of LNG from Shell's plant in Trinidad and Tobago to the Chilean port of Quintero.
PGPC, PTPL Ink Deal for Pakistan's Second LNG Import Terminal
Thursday, July 07, 2016 Pakistan GasPort Consortium Ltd. inks agreement with Pakistan LNG Terminals Ltd. to build Pakistan's second liquefied natural gas import terminal in the country.
Keppel, Shell Form Singapore LNG Bunkering Joint Venture
Thursday, July 07, 2016 Keppel Corp Ltd enters into an agreement with Royal Dutch Shell to form a joint venture company, which will establish a liquefied natural gas (LNG) bunkering business in Singapore.
Tangguh LNG Facility Expansion Approved, To Create 10,000 Jobs
Friday, July 01, 2016 The Final Investment Decision has been approved for the expansion of the Tangguh LNG facility in the Papua Barat Province of Indonesia. The project will create 10,000 new jobs.
Chevron's $54B Gorgon LNG Project Evacuated After Leak
Friday, July 01, 2016 Chevron Corp. evacuated workers at its $54 billion Gorgon liquefied natural gas development after a gas leak at the site, the latest problem for the Australian mega-project.
BP to Go Ahead with $8B Indonesia LNG Project Expansion
Friday, July 01, 2016 BP gains final investment approval to an $8 billion expansion of the Tangguh LNG project in Indonesia, clearing the way for a third train to start operations in 2020.
Chile Just Gave Cheniere a Big Reason to Build Another LNG Plant
Thursday, June 30, 2016 Chile this week gave Cheniere Energy Inc. a good reason to build another plant to export US natural gas by clearing the final environmental hurdle for a proposed floating import terminal.
APLNG Delivers First LNG Cargo to Kansai Electric
Thursday, June 30, 2016 Australia Pacific LNG ships its first cargo of liquefied natural gas to Japan's Kansai Electric Power, with the project's Train 2 expected to deliver the first cargo by end 2016.
Egypt Launches Tender for Third Floating Regasification Unit
Wednesday, June 29, 2016 Egypt launches a tender to hire a third floating and storage regasification unit to import liquefied natural gas, according to EGAS.
Intertek Clinches Inpex-operated Ichthys LNG Project Contract Off Australia
Tuesday, June 28, 2016 Intertek clinches contract to provide quality assurance services into the operational phase of the Inpex-operated Ichthys liquefied natural gas project off northwestern Australia.
PETRONAS LNG Bid Faces 90-Day Wait As Clock Ticks For Trudeau
Tuesday, June 28, 2016 A three-month clock has just started ticking for Canadian Prime Minister Justin Trudeau to decide whether to allow Malaysia's Petroliam Nasional Bhd to build an ambitious liquefied natural gas project.
POSH Wins Contract from Technip for Prelude FLNG Project in Browse Basin
Monday, June 27, 2016 Singapore's PACC Offshore Services Holdings (POSH) wins a contract from Technip Oceania to support Shell's Prelude floating liquefied natural gas facility in the Browse Basin, off Western Australia.
Thailand's EPPO Says Country May Face Gas Shortage in 2020-2021
Thursday, June 23, 2016 Thailand's Energy Policy and Planning Office (EPPO) says the kingdom may face gas shortages in 2020-2021 amid uncertainty over the upcoming petroleum auctions.
RBA: Australia LNG Export Boom Set To Defy Weak Prices
Tuesday, June 21, 2016 Australian exports of liquefied natural gas are likely to grow strongly over the new few years despite subdued prices for the energy given the massive amount of money already sunk into projects, a top central bank official says.
Fox Petroleum Invites SHI to Bid for India's FSRU LNG Terminal Project
Monday, June 20, 2016 Fox Petroleum invites Samsung Heavy Industries to participate in the floating storage regasification unit liquefied natural gas terminal project in Karnataka, India.
BLOG: New Job Creation in Australia's Gas Sector Remains Elusive
Sunday, June 19, 2016 Job creation in Australia's natural gas industry may become a casualty in a protracted tussle between gas firms and state governments over new developments.
Natural Gas Gives South Africa a Hand
Thursday, June 16, 2016 South Africa plans to use natural gas in order to help it cope with its chronic power crisis.
Pakistan Seeks to Import More LNG to Address Supply Shortage
Thursday, June 16, 2016 Pakistan commences talks with some liquefied natural gas sellers seeking to import a greater quantity of the fuel to address the supply deficit in the country.
Coming Wave Of Gas Puts Focus On Finding New Shores
Monday, June 13, 2016 Energy giants such as Shell and Total are looking to build terminals and power plants in new markets to soak up the industry's rapidly burgeoning supply.
Energy World's Newest Supership Misses the Boat on LNG Pricing
Friday, June 10, 2016 It's longer than three soccer fields, heavier than two aircraft carriers and powerful enough to chill gas into liquid colder than the surface of Jupiter. And its maiden voyage couldn't have come at a worse time.
Russia's Novatek Says Shareholders To Decide On $600M Loan For Yamal LNG
Thursday, June 09, 2016 Novatek says its shareholders will decide on a new loan worth $600 million for the Yamal LNG project on June 20, according to Interfax news agency.
Russell: No New Australian LNG Projects Doesn't Mean No New LNG
Thursday, June 09, 2016 Conventional wisdom in the liquefied natural gas (LNG) sector is that no new projects will be built for several years, given the vast cost can't be reconciled with the current low prices.
Amec FW Secures Contract for LNG Terminal Project in Ennore, Tamil Nadu
Tuesday, June 07, 2016 Amec Foster Wheeler secures contract for a liquefied natural gas terminal project in Ennore, Tamil Nadu, India from Indian Oil LNG.
CNPC Gears Up for Increased Natural Gas Role in China in Next 5 Years
Monday, June 06, 2016 China National Petroleum Corp. prepares for greater role natural gas will play in China in the next five years.
Russell: Australian LNG Sector Knows Its Enemies, But Not How To Fight Them
Monday, June 06, 2016 It should be a golden age for Australia's liquefied natural gas producers as they sit on the cusp of becoming the world's largest supplier of the fuel that holds the largest growth potential among its fossil rivals.
PETRONAS Sells 10% Stake in Liquefaction Train in Sarawak to JX Nippon
Friday, June 03, 2016 PETRONAS and JX Nippon Oil & Energy sign agreement for the sale and purchase of a 10 percent stake in PETRONAS LNG 9, which owns the ninth liquefied natural gas liquefaction train in Bintulu, Sarawak, Malaysia.
EWC Completes a $32M Facility for Pagbilao LNG Hub Terminal in Philippines
Wednesday, June 01, 2016 Energy World Corp. completes a $32 million financial facility for the liquefied natural gas hub terminal in Pagbialo, Philippines.
Gazprom Says US LNG Is No Panacea as Poland Shuns Russian Gas
Tuesday, May 31, 2016 Poland will struggle to replace all the natural gas it gets from Russia's Gazprom, including with US supplies, as it bids to lower dependence on its eastern neighbor, according to the Moscow-based company.
|Brent Crude Oil :||$44.87/BBL||0.33%|
|Light Crude Oil :||$42.92/BBL||0.48%|
|Natural Gas :||$2.71/MMBtu||1.09%|
|Updated in last 24 hours|