Total, CNOOC strengthen LNG bonds
Total and Chinese oil firm CNOOC have further strengthened their cooperation in the liquefied natural gas business.
LNG
1st Ichthys LNG cargo is said to be possible as soon as this week
The Inpex Corp.-operated Ichthys LNG export project in northern Australia may load its first natural gas cargo as soon as this week, according to people with knowledge of the venture’s preliminary sales plans.
Shell confirms FID on £23bn Canadian LNG project
Shell said today that it had taken a final investment decision (FID) on LNG Canada, a major liquified natural gas (LNG) project in Kitimat, British Columbia.
Shell-led LNG project bucks trend by not waiting for gas buyers
The developers of a £23.8 billion project to export Canadian natural gas are taking on a bold strategy: build now and worry about buyers later.
China’s LNG policies and their increasing worldwide impact
China’s growing demand for non-contractual liquefied natural gas (LNG) will change the landscape in the next few years, influencing the global market, LNG prices, international LNG supply agreements and China’s domestic gas industry.
Production gets going at Ichthys LNG project
Japanese oil firm Inpex said today that production had begun at the Ichthys LNG project offshore Australia.
Canada’s $30bn LNG hope edges closer as Shell ramps up
A flurry of activity in a remote Canadian town is raising optimism that Royal Dutch Shell Plc and its partners are ready to go ahead with the nation’s largest infrastructure project: a C$40 billion ($30 billion) liquefied natural gas terminal that could at last unlock energy exports to Asia.
Cheniere to develop LNG futures contract with CME Group
Cheniere Energy is working with derivatives marketplace CME Group to develop a futures contract for liquefied natural gas, a move that could make the burgeoning market for U.S. LNG more transparent as a host of companies move toward exporting it.
BP aiming to lease LNG tanker amid rising day rates
BP Shipping is aiming to lease out its Liquefied Natural Gas (LNG) tanker British Ruby, according to a news report.
Xodus nominated for Indonesian LNG project
Aberdeen consultancy Xodus Group has been nominated as a subcontractor for an LNG project in Indonesia.
Baker Hughes, GE wins Corpus Christi LNG deal
Baker Hughes, a GE Company (BHGE) today announced a contract to supply turbomachinery equipment for the expansion of Cheniere’s liquified natural gas (LNG) facility in Corpus Christi, Texas.
Baker Hughes, GE to weigh up LNG plant job in Italy
Baker Hughes, a GE company (BHGE) will help develop infrastructure to boost sustainable mobility in heavy duty trucks in Italy.
BP signs LNG purchase deal with Venture Global
BP has signed a long-term agreement to purchase liquefied natural gas from Venture Global LNG once it opens its export facility in Calcasieu Pass, LA.
Australia’s £14billion missed opportunity shows tax problem
Australia is on track to match Qatar as the world’s biggest liquefied natural gas exporter next year. The boost to the budget bottom line? Virtually nil.
Want the Gas? Buy the Company! A new way to finance LNG exports
After amassing billions in debt and pushing a bold spending plan, Charif Souki was fired in 2015 by the liquefied natural gas company he founded. Now heading a new developer, he’s changing his plan of attack.
Summer of LNG starts with a bang in UK as US plant ramps up
The start of spring has heralded the return of liquefied natural gas to the UK.
Souki’s Tellurian warns U.S. steel tariffs could raise LNG project costs
Tellurian, the Houston liquefied natural gas company co-founded by ex-Cheniere Energy boss Charif Souki, said U.S. steel tariffs could raise costs of the $15.2 billion Driftwood LNG export terminal under construction in Louisiana.
Exxon’s LNG plant in Papua New Guinea out of action for eight weeks, report says
ExxonMobil's LNG plant in Papua New Guinea will be unable to produce for about eight weeks due to an earthquake strike last week, a news report said.
Shell predicts LNG supply shortage by mid-2020s following surge in demand
Energy giant Shell says there could be a supply shortage of liquefied natural gas (LNG) by the mid-2020s unless new investments are made soon.
LNG rollercoaster will get wilder until China builds storage
The rollercoaster that drags liquefied natural gas prices higher as demand jumps in the northern hemisphere winter is going into overdrive.
Croatian law change to speed up Adriatic LNG terminal
The construction of a liquefied natural gas (LNG) terminal in Croatia is to be sped up by the introduction of a special law, said Prime Minister Andrej Plenkovic on Thursday.
BHGE and TechnipFMC sign new deal to improve gas plant efficiency
Baker Hughes, a GE Company (BHGE) and TechnipFMC have signed an agreement to develop digital applications to make Liquefied Natural Gas (LNG) plants become more efficient.
Kuwait signs LNG import deal with Shell, has gas need
Kuwait Petroleum Corp. signed a 15-year liquefied natural gas import deal with Royal Dutch Shell Plc to help the oil exporting nation meet growing domestic energy demand.
China’s winter misery brings LNG traders gift of volatility
China’s self-inflicted heating crisis this winter signals deeper seasonal price swings that may be a boon for liquefied natural gas traders.
Putin blesses multi-billion dollar bet on Russia competing in LNG
As Russia’s President Vladimir Putin oversees the official start of a $27 billion liquefied natural gas plant in the snow-covered tundra of northern Siberia, his mind may wander to its biggest competitor more than 3,000 miles away in Qatar.