GAIL India Ltd. is seeking to defer a 20-year contract to buy liquefied natural gas from Gazprom PJSC until the Russian company’s Shtokman project begins production, officials at the South Asian country’s biggest gas transporter said.
Production is expected to resume shortly at Chevron's liquefied natural gas (LNG) Gorgon export plant.
The consortium which built Poland's new liquefied natural gas (LNG) terminal said it has filed a request for additional payment of as much as $49million from Polskie LNG.
Oil major Chevron said production remains suspended at its liquefied natural gas (LNG) Gorgon export facility in Australia following a gas leak nearly two weeks ago.
Oil major Chevron is poised to resume exports from its Gorgon LNG project.
GE Oil & Gas and Technip have signed a Memorandum of Understanding for a joint project to explore areas to co-develop digital solutions for the LNG industry.
Essar Power Ltd. is seeking liquefied natural gas to supply two power plants in western India after a global glut cut prices for the fuel by two-thirds since September 2014.
Oil majors Shell and Total are said to be considering building terminals and power plants in new markets.
For months, banks including Citigroup Inc. have talked about a massive oversupply in the global market for liquefied natural gas. The head of natural gas at Royal Dutch Shell Plc, one of the world’s biggest producers of the fuel, would beg to differ.
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.
Gazprom has said it sees no need to wage gas price wars in Europe to squeeze out rivals including LNG from the US.
The chief executive of a leading coal mining company in the US has alleged Republican Presidential candidate Donald Trump was unclear on what LNG (Liquefied Natural Gas) in a recent conversation between the men.
Total and Australia's Oil Search have agreed exclusive Memorandum of Understanding (MoU) to acquire InterOil in a $2.2billion deal .
GlobalData said the biggest Liquefied Natural Gas (LNG) contract among all importing countries in the world was signed by Pakistan in the first quarter of 2016.
Oil major Chevron said it expects to resume production from its Gorgon LNG project later this month after repairs were required at the massive plant after only one shipment.
The global downturn has meant that demand weakness, particularly in Asia, has impacted the global LNG market.
Oil major Chevron has signed up Alinta Energy to buy gas from the company’s Wheatstone project.
BP has signed a deal to supply liquefied natural gas to Indonesian power utility company Perusahaan Listrik Negara.
Ratings agency Standard & Poor's says it does not expect any material improvement in conditions or spot prices in the liquefied natural gas market in coming years.
As oil markets look for the green shoots of a price recovery, LNG participants are hunkering down for a long winter.
Woodside has agreed a deal with Norwegian company Siem Offshore Australia for the country's first LNG-powered marine support vessel in 2017.
Xodus Group has been awarded a framework agreement for the provision of design and engineering technical services to the Grain LNG terminal, situated on the Isle of Grain, Kent.
Australia's Gorgon project, one of the largest liquefied natural gas (LNG) projects in the world, has shipped its first cargo to Japan.
The demise of LNG projects such as Woodside Petroleum planned $40 billion Browse facility due to a plunge in energy prices is probably what will lift the market out of its current rut.
Chinese gas distributor ENN has bought a $750 million stake in Australian gas producer Santos as it attempts to ease its dependence on state-owned suppliers for supply.