Norwegian energy giant Equinor is testing two newbuild liquefied natural gas-powered shuttle tankers it chartered for operations in the North Sea.
The first tanker Eagle Blane is owned by Malaysian shipowner AET, while the second vessel Rainbow Spirit …
NPR
Oil & Gas Publishers Note: This is actually great news on many levels. Potentially getting natural gas to the eastern states from the Marcellus Shale would help get New York from buying natural gas from the Russians. Let’s keep …
Qatar Petroleum has entered into three agreements to reserve LNG ship construction capacity in the Republic of Korea to be utilised for Qatar Petroleum’s future LNG carrier fleet requirements, including those for the ongoing expansion projects in the
RarePetro
Oil & Gas 360 Publishers Note: Kevin Olson has assembled great data points about the influx of fifty million barrels of foreign crude oil to the United States, and may offset most of the production cuts. Pushing out any …
Flex LNG Ltd. (“Flex LNG” or the “Company”) today announced its unaudited financial results for the first quarter and three months ended March 31, 2020
…Matrix Service Company (Nasdaq: MTRX) (“Matrix” or “the Company”), a leading contractor to the energy and power markets across North America, today announced that its subsidiary, Matrix Service Inc. and a confidential utility, have executed a contract for the engineering, …
BIC
Oil & Gas Publishers Note: On a side note, there appears to be a trend to energy investors; invest in companies with ESG plans, diversify into natural gas, and move investing to outside the U.S.
Shell Gas B.V., a …
EIA
India has been the world’s fourth-largest importer of liquefied natural gas (LNG) since 2011, gradually increasing LNG imports as the country’s domestic natural gas production declined and domestic consumption increased. India’s LNG import capacity more than doubled during the …
HOUSTON, May 4, 2020 /PRNewswire/ — Freeport LNG today announced that it began commercial operations for its third liquefaction train on Friday, May 1, with the commencement of liquefaction services to Total S.A. and SK E&S under their …
U.S. liquefied natural gas company Cheniere Energy Inc cut its growth estimates for LNG exports and investment in new projects industry-wide due to the slump in energy markets and the COVID-19 pandemic.
Fuel demand is down 30% worldwide as …
Qatar Petroleum (QP) has entered into an agreement to reserve LNG ship construction capacity in China to be utilised for its future LNG carrier fleet requirements, including those of its ongoing North Field expansion projects.
The agreement was …
U.S. natural gas futures slipped for a fifth day in a row on Wednesday as pipeline and liquefied natural gas (LNG) exports declined and on long-term forecasts government steps to slow the spread of coronavirus will cut demand in …
Energy Voice
Lower long-term LNG prices could encourage coal-to-gas switching in Northeast Asia, while Chinese LNG demand is also expected to expand this year, albeit at a slower rate, as China gets back to work.
Asia Pacific gas demand was …
Dallas pipeline operator Energy Transfer will proceed with the proposed Lake Charles LNG export terminal alone after European oil major Shell has decided to exit the multibillion project.
Shell announced Monday that company will continue to support Energy …
HOUSTON, March 30, 2020 /PRNewswire/ — Given current market conditions, Shell announces today it will not proceed with an equity interest in the proposed Lake Charles LNG project. Accordingly, Energy Transfer will take over as the project developer.
…HOLLYWOOD, Fla., March 25, 2020 (GLOBE NEWSWIRE) — NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of professional and technical engineering and consulting solutions, announced today that it has been awarded two new contracts valued at …
Financial derivatives linked to liquefied natural gas are mushrooming as a market crash and a boom in physical trading creates an appetite to manage risk and provides opportunity to speculate on prices.
The growth is helping speed up …
Hopes that Canada could turn into a gas export powerhouse seem to be waning fast.
The current climate for energy investments in the country and the global market for liquefied natural gas are a far cry from October …
Houston-based Telluraian, along with its $28 billion export project, has been rattled by the attempts of a potential major customer in India to probe the market for competing supplies, highlighting mounting pressure on sellers amid a global glut …
Opponents of the liquefied natural gas industry have sued a federal agency that issued permits for a controversial LNG export terminal at the Port of Brownsville and a related pipeline.
In a petition filed before the U.S. Court …
Höegh LNG Partners LP’s (NYSE: HMLP) fourth quarter 2019 results will be released on Thursday, February 27, 2020, before the market opens
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A plunge in prices is shaking some of the more marginal players out of the liquefied natural gas market, chilling what until recently was the hottest part of the energy industry.
Major utilities from Orsted A/S in Denmark …
TORONTO – Canadian Prime Minister Justin Trudeau has canceled his planned trip to Barbados to help resolve widespread rail disruptions caused by indigenous rights activists opposing the construction of a natural gas pipeline, his office said on Sunday.
Indigenous …
LONDON – Qatar has delayed choosing Western partners for the world’s largest liquefied natural gas (LNG) project by several months after surprising the industry with a big expansion plan despite a collapse in global gas prices, four sources said.…
Enbridge Inc. has agreed to acquire the Rio Bravo Pipeline Co. and assume full ownership of the 4.5 Bcf/d system that would feed NextDecade Corp.’s proposed RioGrande liquefied natural gas (LNG) export facility.
The companies said late …
U.S. liquefied natural gas developers are pushing forward with plans to build new export terminals along the Gulf Coast despite a global supply glut and record low prices in Asia.
Over the past year, the U.S. LNG industry …
Corpus Christi, TX, USA – The Port of Corpus Christi has received a federal grant of more than $17 million from the U.S. Department of Transportation – Maritime Administration to expand Oil Dock 3 as the …
The Energy Department authorized the projects to annually send up to 47 million metric tons and to enter into contracts with utility companies and other customers in Europe, Asia and Latin America where natural gas prices are higher than …
South and Southeast Asia are leading the world in terms of developing countries’ energy growth, with primary energy growth of over 5 percent per annum—India, Bangladesh, and Pakistan are leading the …
