News Topics: LNG & Trends
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Partners in Israel's Leviathan Field Bid to Sell Gas to Cyprus
Thursday, April 17, 2014 The partners developing Israel's offshore Leviathan natural gas field are looking to sell gas through a pipeline to Cyprus, officials say.
Israeli Gas Holds Promise of Better Ties with Neighbors
Monday, April 14, 2014 Israel's drive to export its new-found natural gas could help to rebuild strained ties with old regional allies Egypt and Turkey, but could deprive Europe of a precious alternative to Russian gas.
High-Cost Australia May Miss $180B LNG Expansion Wave
Friday, April 11, 2014 Stung by soaring costs, the gas industry paints a gloomy outlook for new LNG projects in Australia, putting at risk $180 billion of developments from 2018 onwards.
Arctic Gas Project Backs Political Strategy as Russia Turns East
Friday, April 11, 2014 On the Arctic tundra far to the north of Moscow, Russia is charting a course for a liquefied natural gas project away from the West and towards Asia.
Energy Hub on Northern Territory Agenda
Thursday, April 10, 2014 Major LNG developments in Australia have opened up growth opportunities in the Northern Territory.
Russell: Australian LNG Investment Is At Risk, But Not As Much As Feared
Tuesday, April 08, 2014 The Australian oil and gas industry is telling everybody that a second wave of investment in LNG plants is at risk unless labor and regulatory costs are cut.
GLNG Project's LNG Train 1 Moves Nearer to Completion
Thursday, April 03, 2014 Santos reports that LNG Train 1 of GLNG project in Queensland, Australia gets nearer to completion as the final three modules arrived in Curtis Island.
Russia's Rosneft, With US Partner Exxon, On Track With LNG Plant
Tuesday, April 01, 2014 Rosneft says it is on track to start production at its first LNG gas plant in the country's far east in 2018-2019, despite East-West tension over Ukraine.
PTT Budgets $616M for Phase 2 LNG Plant in Rayong, Daewoo-IHI Wins EPC Deal
Monday, March 31, 2014 PTT to spend $616 million to develop phase two of a liquefied natural gas plant in Man Ta Phut in Rayong, Thailand, with an engineering, procurement and construction contract awarded recently to Daewoo-IHI joint venture.
British Columbia Premier Uncertain About Pipeline, LNG Projects
Monday, March 31, 2014 It is impossible to say whether the Northern Gateway oil pipeline or LNG projects will go ahead in the near future, British Columbia Premier Christy Clark says.
BG Group Targets Job Cuts To Rein In Costs
Friday, March 21, 2014 BG Group begins offering voluntary redundancy to staff at its British headquarters, the company says, as it seeks to reduce headcount and trim costs.
Australia's LNG Export Focus Impacting Future Investment
Friday, March 21, 2014 A new study indicates that Australia's LNG boom may not result in a positive future for everyone associated with the country's gas industry.
Ophir Energy Says Tanzania LNG Project Could be Expanded
Thursday, March 20, 2014 Tanzania's first planned LNG export terminal could be expanded after project partners discover more gas than expected.
Origin Reports a Phased Restart of Drilling at APLNG Project in Australia
Wednesday, March 19, 2014 Origin Energy reports a phased restart of drilling at the Australia Pacific LNG project in Queensland, Australia.
CB&I Bags $625M Contract from Bechtel for Wheatstone LNG Project in WA
Wednesday, March 19, 2014 CB&I bags a $625 million contract from Bechtel to provide structural, mechanical and piping construction work for the Wheatstone liquefied natural gas project in Western Australia.
Marubeni Joins GDF in Offshore LNG Receiving Terminal Project in Uruguay
Tuesday, March 18, 2014 Marubeni joins GDF Suez in an offshore liquefied natural gas receiving terminal project in Uruguay.
PNG LNG Project on Track for First Production in Mid-2014
Monday, March 17, 2014 The PNG LNG project in Papua New Guinea is on track for first production in mid-2014 following recent completion of an onshore pipeline.
Fugro Secures Survey Contract for Ichthys LNG Project Near Darwin
Monday, March 17, 2014 Fugro secures a survey contract from JKC Australia LNG for onshore liquefied natural gas facilities for the Ichthys project near Darwin, Australia.
East Mediterranean Eyes EU And Global LNG Markets For Gas Sales
Wednesday, March 12, 2014 Europe's efforts to reduce its reliance on Russian energy supplies and booming demand for shipped gas are pushing ahead the development of the East Mediterranean's gas reserves.
Analyst: LNG 'Most Powerful Weapon' In Addressing Ukraine Crisis
Wednesday, March 12, 2014 U.S. LNG could aid its European allies, particularly Ukraine, in weaning their dependence on natural gas from Russia, a policy expert tells Rigzone.
Toyo Bags Turnkey Contract for Regasification Plant at Dahej, India
Tuesday, March 11, 2014 Toyo Engineering bags a turnkey contract from Petronet LNG for a regasification plant project at Dahej, Gujarat, India.
India's IOC to Acquire 10% Stake in Petronas' Canadian LNG Export Project
Monday, March 10, 2014 Indian Oil Corp. agrees to acquire a 10 percent stake in Progress Energy's natural gas reserves in northeast British Columbia, Canada and in the proposed Pacific Northwest LNG export facility on the country's West Coast.
BP, Inpex Projects in Indonesia Awaits Government Approval
Thursday, March 06, 2014 BP expects approval for environmental study for the Tangguh LNG expansion project in West Papua, Indonesia soon, while the government studies a request by Inpex to extend the contract for Masela block in the Arafura Sea.
Moniz Open on Talks for Amending LNG Export Process
Wednesday, March 05, 2014 US Secretary of Energy Ernst Moniz says he will "welcome consultation" with US Congress on altering the LNG export approval process to address geopolitical needs such as the Ukrainian crisis.
Watson: US Should Move Forward with LNG, Crude Exports
Tuesday, March 04, 2014 Chevron CEO John Watson says US should move forward with exporting oil and LNG, noting that debate on free trade benefits won "long ago".
Woodside Inks Deal to Supply KOGAS With LNG from Pluto Project in WA
Friday, February 28, 2014 Woodside inks deal to supply KOGAS with up to 2.2 million tons of liquefied natural gas (LNG) from Australia's Pluto LNG project over three years beginning April 2014.
Time Ticking on US LNG Export Window of Opportunity
Thursday, February 27, 2014 The clock is ticking on the time window for the United States to reap the benefits of LNG exports, according to Wood Mackenzie.
Singapore Plans to Construct Second LNG Terminal
Wednesday, February 26, 2014 Singapore plans to build a second LNG terminal in the eastern part of the country, Prime Minister Lee Hsien Loong says.
Petronas to Sell 25% Stake in Canada Gas Assets
Tuesday, February 25, 2014 Petronas agrees to sell a 25% stake in its Canadian shale gas assets to an Indian company and an Asian gas buyer, the state firm's president and chief executive Shamsul Azhar Abbas says.
Singapore LNG Terminal Capacity Rises to 6 Mtpa
Monday, February 24, 2014 SLNG completes construction of a third storage tank and additional regasification facilities at Jurong Island in Singapore, while a final investment decision on Phase 3 expansion is expected in the second quarter.
Marubeni, Pertamina to Cooperate on Indonesia's Gas Infrastructure Business
Thursday, February 20, 2014 Marubeni and Pertamina enter into a memorandum of understanding to cooperate on gas related infrastructure business in Indonesia.