LNG
News
June 18, 2020
Chevron will start a sales process for its interest in the North West Shelf project in Australia, one of the nation’s first liquefied natural gas export ventures, after receiving a number of approaches from potential buyers.
News
June 11, 2020
Siemens Gas and Power is conducting studies to explore a variety of possible liquefaction and power generation plant designs, with the ultimate goal of decarbonizing the production of LNG.
News
June 10, 2020
The agreement will see Edge LNG deploy its fully mobile, truck-delivered LNG equipment to the Marcellus site, including three Cryobox liquefaction units, with the potential to expand through the rapid deployment of additional units.
News
June 10, 2020
The global natural gas market is poised for the biggest-ever drop in demand as a result of the Coronavirus crisis, an event that’s likely to hamper the industry’s growth for years to come.
News
June 03, 2020
Traders and analysts say the worst may be yet to come for natural gas as demand falls and storage nears capacity, creating the ideal conditions for negative prices in some parts of the world.
News
June 02, 2020
Siemens Gas and Power was awarded a contract to supply three SGT-300 industrial gas turbine generators (GTG), three mechanical-drive SGT-300 gas turbines and three DATUM centrifugal compressors for the PETRONAS Kasawari Gas Field Development Project in the South China Sea, offshore Sarawak in Malaysia.
News
June 02, 2020
Europe is choking with gas as demand slumped in line with the virus-stricken global economy, storage sites are more full than usual and little respite is seen in liquefied natural gas imports, even with benchmark prices near record lows.
News
June 01, 2020
The Gulf emirate entered into agreements with Daewoo Shipbuilding & Marine Engineering Co., Hyundai Heavy Industries Co. and Samsung Heavy Industries Co., according to a statement on Monday from state producer Qatar Petroleum.
News
May 27, 2020
The export facility is a joint venture between affiliates of Qatar Petroleum and ExxonMobil and will be integrated into the existing Golden Pass LNG import terminal.
News
May 20, 2020
The Area 1 LNG project will generate about $38 billion in revenue for Mozambique’s government over its lifetime, supplemented by sales from an even bigger project led by Exxon Mobil in the neighboring Area 4 offshore block.
News
May 12, 2020
Hemmed in by weak demand and scarce storage, the world’s biggest exporter of liquefied natural gas may soon face a stark choice: curb output or ignite a battle for market share that has the potential -- just as in the oil market -- to turn gas prices negative.
News
April 03, 2020
Cryopeak LNG Solutions Corporation, based in Richmond BC, has begun construction of a new LNG production facility located in Fort Nelson, BC, capable of producing up to 90,000 gallons of LNG per day.
News
March 25, 2020
Oceaneering has been awarded a contract by Golar LNG for a FLNG vessel maintenance build, and inspection and maintenance program.
News
March 13, 2020
Oil’s rout may have been an unexpected boon for the biggest buyers of liquefied natural gas, but its knock-on effects may come back to bite them.
News
March 09, 2020
U.S. natural gas terminal developer Tellurian Inc. has cut roughly 40% of its workforce in a massive restructuring effort aimed at slashing costs and rescuing a struggling, $29 billion export project.
News
March 09, 2020
The rout in oil prices may well put a smile on the faces of liquefied natural gas buyers.
News
March 06, 2020
Hopes that Canada could turn into a gas export powerhouse seem to be waning fast.
News
March 05, 2020
China National Petroleum Corp. has issued a force majeure on all prompt natural gas imports, the second Chinese buyer to refuse shipments in a sign that global commodity flows may face a sustained impact from the coronavirus fight.
News
March 02, 2020
With liquefied natural gas prices reeling from the triple whammy of a mild winter, rising supply and China’s hobbled economy, Japan may be about to land another blow.
News
February 26, 2020
Pakistan’s main buyer of liquefied natural gas is considering canceling two long-term contracts as a slump in spot prices and abundant production create opportunities for cheaper supply, according to people familiar with the situation.
News
February 21, 2020
A buyer of liquefied natural gas has canceled two cargoes from Cheniere Energy Inc., the biggest U.S. exporter, as a global glut pummels prices for the fuel and threatens to shut a key outlet for shale production.
