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BG Group Posts 58% Earnings Slump, Increases Production
Friday, July 31, 2015 BG Group, soon to be part of Shell, reveals a 58% earnings slump in the first half of 2015, compared to the same period last year.
WGK Bags FEED Contract for Woodside-Operated Browse FLNG Project Off WA
Friday, July 31, 2015 Wood Group Kenny bags a $6 million front-end engineering and design contract from Woodside for the Browse floating liquefied natural gas development offshore Western Australia.
Russell: Asia LNG Output Vs Regas Capacity Mismatch Looming
Thursday, July 30, 2015 What could go wrong for liquefied natural gas in Asia to derail the current consensus of strongly rising demand being met by supply that is increasing even faster?
APLNG Moves Closer to Commencing Ops at First LNG Train in Curtis Island
Tuesday, July 28, 2015 Australia Pacific LNG moves closer to commencing operations of the first liquefied natural gas train in Curtis Island, Australia.
Russia's Sakhalin-2 LNG Plant Completes One Month of Maintenance
Thursday, July 23, 2015 Russia's Sakhalin-2 LNG export plans, controlled by Gazprom, completes one month of maintenance, according to a spokesperson.
Douglas-Westwood Expects FLNG Market to Grow to $58.3B Over 2015-2021
Thursday, July 23, 2015 Douglas-Westwood expects the global floating liquefied natural gas market to grow to $58.3 billion in the 2015-2021 period despite the current pause in orders.
Golar LNG Gets $960M Financing Commitment from CSSC for GoFLNG Hilli
Wednesday, July 22, 2015 Golar LNG receives commitment from CSSC Shipping Co. to finance $960 million of the conversion cost of the GoFLNG Hilli facility now under construction at Singapore's Keppel Shipyard.
Keppel Inks $684M Floating Liquefaction Facility Conversion Deal with Golar
Wednesday, July 22, 2015 Keppel Shipyard inks a $684 million floating liquefaction facility conversion contract with Golar LNG's unit.
Ukraine Has 12.5 bcm Of Gas In Reserves, Considers LNG
Friday, July 17, 2015 Ukraine has collected 12.5 billion cubic metres (bcm) of gas in underground storage as of July 17, still short of the 18-19 bcm it aims to have in reserve before mid-October, according to the country's gas transport monopoly.
Frontera Signs MoU with Ukraine's Naftogaz for Upstream, LNG Cooperation
Wednesday, July 15, 2015 Frontera Resources signs a Memorandum of Understanding with Ukraine's national energy company National Joint Stock Company Naftogaz of Ukraine, for upstream and LNG cooperation.
BG Commences Operations at QCLNG Train 2 in Australia
Monday, July 13, 2015 BG starts up liquefied natural gas operations at Queensland Curtis LNG Train 2 in Australia.
JAPEX Engages Aonex for Construction of Japan's Soma LNG Terminal
Thursday, July 09, 2015 Aconex bags a contract from JAPEX for the construction of the latter's liquified natural gas terminal in Soma port, Japan.
In New Blow, Chevron's Gorgon Faces Struggle To Offload Test LNG
Tuesday, July 07, 2015 Chevron's $54B Gorgon LNG project may be forced to dump chunks of its early production onto an already saturated global spot market.
Soaring Gas Use Lifts Demand for Regas Infrastructure in Southeast Asia
Monday, July 06, 2015 Rising gas needs encourage Southeast Asia countries to boost development of regasification facilities to supplement production from aged fields in the region.
PRL 15 JV Selects Key Infrastructure Sites for Elk-Antelope LNG Project
Friday, July 03, 2015 The PRL 15 Joint Venture selects key infrastructure sites for the Elk-Antelope gas field development in Papua New Guinea.
Samsung Heavy Industries Clinches $4.7B Contract to Build 3 FLNGs for Shell
Friday, July 03, 2015 South Korea's Samsung Heavy Industries clinches a $4.7 billion contract to construct three floating liquefied natural gas facilities for Shell.
WA's Browse FLNG Project JV Agrees to Enter FEED, FID Planned for 2H 2016
Wednesday, July 01, 2015 Partners in the Browse floating liquefied natural gas development off Western Australia agree to proceed with the front-end engineering and design phase for the project.
Golar, Perenco Reach Agreement on Commercial Terms of Cameroon FLNG Project
Wednesday, July 01, 2015 Golar LNG and Perenco reach agreement on the commercial terms of the floating liquefaction natural gas export project in Cameroon.
China's Slowing Gas Demand Raises Supply Concern in Australia
Tuesday, June 30, 2015 China's weakening appetite for super-cooled natural gas is raising concerns that the industry is facing a glut as global supply grows.
Australia's Origin Expects Chinese LNG Buyer to Fulfill Contract
Monday, June 29, 2015 Origin Energy expects Sinopec to fulfill its agreement to purchase liquefied natural gas from a $19 billion export project in Australia.
Polish Minister to Meet Builder Saipem on Delayed LNG Terminal
Monday, June 29, 2015 Polish treasury minister Andrzej Czerwinski will meet Italian construction firm Saipem next week to ensure a liquefied natural gas terminal opens in 2015 after numerous delays.
Russia's Gazprom Does Not Rule out Participation in Iran LNG Projects
Friday, June 26, 2015 Gazprom may take part in liquefied natural gas projects in Iran once sanctions against Tehran are lifted, according to Gazprom's deputy Chief Executive Officer Alexander Medvedev.
Icon Energy, Shantou Sino Energy Extend Deadline for Gas Sales Agreement
Friday, June 26, 2015 Australia's Icon Energy and China's Shantou Sino Energy extend completion date for a gas sales agreement.
Thai PTT in Deal with Ratchaburi to Expand into SE Asia Energy
Wednesday, June 24, 2015 PTT, Thailand's largest energy firm, says it had signed a contract with Ratchaburi Electricity Generating to study the possibility of investing in a liquefied natural gas receiving terminal in Myanmar.
First Steel Cut for PETRONAS FLNG2 Facility at SHI's Geoje Shipyard
Tuesday, June 16, 2015 PETRONAS reaches milestone for its floating liquefied natural gas 2 facility with first steel cut at Samsung Heavy Industries' shipyard in South Korea.
Russia's Gazprom Says Answers on Sakhakin-2 Expansion to Come in 2016
Tuesday, June 16, 2015 Russia's Gazprom hopes to be able to answer questions about the expansion of the Sakhalan-2 liquefied natural gas plant next year.
Alam Maritim Lands $13M Subcontract for PETRONAS' PFLNG 1 Facility
Monday, June 15, 2015 Alam Maritim lands $13 subcontract from PETRONAS for work on the Petronas floating liquefied natural gas 1 facility to be deployed off Sarawak, Malaysia.
Petronas to Advance Canada LNG Project Under Two Conditions
Friday, June 12, 2015 A Petroliam Nasional Bhd.-led group of companies elects to proceed with a $29 billion natural gas shipping project on Canada's Pacific Coast with conditions.
Spokesman: Gas Output from Total's Mahakam Block Seen Down 12.5% in 2016
Thursday, June 11, 2015 Total estimates gas output from the Mahakam block in Indonesia may decline by around 12.5 percent in 2016, amid a spending cut of at least 35 percent, a company spokesman says.
Wood Mackenzie: China Faces Weaker Gas Demand and Oversupply Till 2017
Wednesday, June 10, 2015 Wood Mackenzie says China will be faced with weaker gas demand and oversupply till 2017.
Official: Pertamina Interested in Stake in Inpex Abadi FLNG Project
Wednesday, June 10, 2015 Pertamina is interested in acquiring a stake in the Abadi floating liquefied natural gas project currently being developed by Inpex and Shell, an energy ministry official says.
Russia's Sakhalin LNG Plant to Start Maintenance in Mid-June
Tuesday, June 09, 2015 Production from Russia's Sakhalin II liquefied natural gas export plant will halve during a planned maintenance period from mid-June until mid-July, a spokeswoman for Sakhalin Energy said.
Tanzania Lifts Gas Resources Estimate to 55 Tcf
Monday, June 08, 2015 Tanzania's current natural gas reserves are at about 55 trillion cubic feet following new deep sea discoveries off its southern coast, the east African nation's energy minister says.
Woodside Muscling onto BG-Shell Turf with Global LNG Push
Friday, June 05, 2015 Australia's Woodside Petroleum is expanding its liquefied natural gas (LNG) business and aims to build a global supply network ahead of an expected surge in trading of the fuel, its chief executive says.
APA Completes $4.6B Acquisition of Australia's QCLNG Pipeline from BG
Thursday, June 04, 2015 APA completes $4.6 billion acquisition of the Queensland Curtis liquefied natural gas pipeline in Australia from BG Group.
IEA Sees Slower Rise in Global Gas Demand as Asian Markets Weaken
Thursday, June 04, 2015 Growth in natural gas demand will slow to an average 2 percent a year globally over the next five years, largely due to weaker than expected Asian markets, the International Energy Agency (IEA) says.
KBR Bags Near-Shore FLNG FEED Contract from Lloyds Energy
Wednesday, June 03, 2015 KBR bags a near-shore floating liquefied natural gas front end engineering design contract from Lloyds Energy.
Russell: Japan's Nuclear Plan is Bad News for LNG, Coal
Tuesday, June 02, 2015 The rise of China and India as energy importers has largely consigned Japan to the sidelines, but the world's third-largest economy still exerts significant influence in some markets.
Russia's Timchenko Confident Yamal LNG will be Finished
Tuesday, June 02, 2015 Gennady Timchenko, co-owner of Russia's second biggest gas producer Novatek, is confident the Yamal LNG project will be finished.
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