TechnipFMC has reported first-quarter 2020 loss of $3.25 billion or $7.28 per diluted share against $21 million profit same time last year. The services major has seen the results affected by after-tax charges and credits totaling $7.17 per share, primarily driven by non-cash impairment charges. Tec
The South Hook liquefied natural terminal is set to receive a couple of Qatari LNG cargoes in the following days.
Australian gas producer and GLNG operator, Santos reported a 13 per cent decrease in revenue, affected by the slump in oil and gas prices. Santos sales revenue for the January-March quarter fell to $883 million from $1.02 billion a year ago. The Australian company produced 17.9 million barrels of oi
The Sempra Energy-led Cameron LNG project has started commissioning the third liquefaction train at its export plant in Louisiana. Cameron LNG began introducing feed gas to the third train on Wednesday, according to a Sempra statement. This also marks the final commissioning stage for the first phas
State-run Qatar Petroleum said Wednesday it has entered into a deal to reserve LNG ship construction capacity in China as part of ongoing North Field expansion projects. QP signed the deal with Hudong-Zhonghua Shipbuilding, a unit of China State Shipbuilding Corporation. The deal potentially worth m
German container shipping major Hapag-Lloyd has cut its CO2 emissions per TEU kilometre by 50 percent when compared to the reference year of 2008, the company said. The goal was achieved through economies of scale as the company introduced bigger and more efficient ships with improved water resistan
The ExxonMobil-operated PNG LNG plant delivered a total of 27 cargoes during the first three months of the year.
The United States energy regulators granted Sempra-led Cameron LNG to start the commissioning process of the third liquefaction train at its export plant in Louisiana. The Federal Energy Regulatory Commission said in an order dated April 21 it allows Cameron LNG to introduce “hazardous fluids and co
The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search saw its revenue slip in the first quarter of 2020.
Poland is continuing to increase imports of liquefied natural gas via its only import facility in Swinoujscie as it is looking to reduce reliance on pipeline gas imports from Russia. Poland’s dominant gas firm PGNiG said in a preliminary operating report on Tuesday that it imported 0.98 billion cubi
Spanish LNG terminal operator Enagas reported a 14.7 per cent rise in first-quarter profit as it saw no impact from the Covid-19 coronavirus pandemic. The company said net profit in the first quarter increased to 119 million euros ($128.8 million), up from 104 million euros in the same period a year
China’s Avic Dingheng shipyard has started building the seventh liquefied natural gas-powered vessel ordered by Sweden’s Gothia Tanker Alliance. The Chinese yard held a keel ceremony for the dual-fuelled product and chemical tanker on April 18, according to Swedish shipowner Furetank. Furetank is a
Japanese imports of liquefied natural gas continued to decline this year and they dropped for the third consecutive month in March. Japan, the world’s largest importer of LNG, received 7.2 million tonnes of the fuel last month, down 1.2 per cent from a year earlier. March LNG imports cost Japan abou
Spain’s imports of liquefied natural gas (LNG) jumped in March 2020.
