Natural gas spot prices in the United States were mixed in the week ending November 2 with the Henry Hub price dropping 41¢ from last Wednesday, according to the weekly report by the Energy Information Administration. The Henry Hub spot price dropped from $2.68/MMBtu last Wednesday to $2.27/MMBtu tw
The completion of three liquefaction trains currently under construction at Sempra Energy’s Cameron LNG project in Louisiana could be delayed for months, according to chief executive Debra Reed.
Jordan Cove Energy Project and Pacific Connector Gas Pipeline, both units of Calgary-based Veresen, filed a request with FERC to expedite its decision on rehearing of the order denying the construction of LNG project in Coos Bay, Oregon.
Clean Energy Fuels, one of the largest providers of natural gas fuel for transportation in North America reported a net loss of US$12.6 million for the third quarter 2016.
Rather than joining an alliance, container liners should use a blend of global mergers and smaller merger and acquisition (M&A) deals that can help reduce costs, consulting firm Boston Consulting Group (BCG) said. Beyond the increase in scale that a merger brings, it can also unlock synergies, which
Galileo Global Technologies said that Spatco Energy Solutions acquired the right to distribute Galileo natural gas conversion equipment in North America.
Thursday, November 3, 2016, marked the eleventh anniversary of Statoil’s Kristin field coming on stream, Norwegian Oil and Gas Association has informed. Located in the southwest part of Halten Bank in the Norwegian Sea, the Kristin field came online on November 3, 2005. The field has been developed
EMGS, a Norwegian provider of electromagnetic survey services for the oil and gas industry, expects a rough patch ahead, with a near-term need to steer its shrinking backlog to growth mode. The company’s revenue fell to 4.5 million in the third quarter of 2016, from $16. 3 million in the same period
Fifteen Royal Navy clearance divers from the Clyde-based Northern Diving Group (NDG) recently traveled to Cape Wrath in Scotland to tackle unexploded ordnance left over from military exercises. The military training range at Cape Wrath is an important defence asset, a remote 107-square miles of moor
Cheniere Energy posted a third-quarter net loss of US$100.4 million for the three months ended September 30, 2016, compared to a net loss of $297.8 million for the comparable 2015 period.
Dutch offshore services and dredging company Van Oord has secured two contracts by international contractor Subsea 7, for work offshore Egypt. Van Oord on Thursday said the deal included the construction of a landfall and the execution of subsea rock installation works. The company did not reveal th
The fire is still ongoing at the Gadani shipbreaking yard in Pakistan following a series of explosions aboard an oil tanker on November 1, according to IndustriALL global union. The union added that up to 150 workers are still trapped inside the 1995-built tanker Aces, which supposedly ignited due t
Gazprom’s head, Alexey Miller, discussed the prospects of partnership in the LNG sector with Mitsui’s chairman Masami Iijima during a meeting on Wednesday.
Shell with its partners, Pavilion Energy and Ophir Energy, said it will start the drilling program covering two wells in Block 1 and 4, located in the Mafia Deep basin off Tanzania.
