Malaysia’s Petronas reported a decline in its quarterly liquefied natural gas (LNG) sales as its total earnings and profit rose on higher prices. The energy company’s revenue for the third quarter was 63.9 billion ringgit ($15.2 billion), up by 19 percent from the corresponding period in 2017. Profi
Norwegian liquefied natural gas (LNG) provider Skangas is changing its name to Gasum following the completion of the integration process that started after the Nordic energy company Gasum secured full ownership in October.
Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business turned to a $1.2 million profit in the third quarter of the year compared to a $4 million net loss in the third quarter of 2017.
Australian LNG player Santos has completed the acquisition of Quadrant Energy valued at $2.15 billion.
Houston-based LNG engineer KBR has been awarded a contract by Papua New Guinea’s Department of Petroleum to provide support services for existing and new energy projects in the country.
Australian utility AGL Energy has set out to assess its gas import jetty and pipeline project through an environment effects statement (EES) process.
The EU has requested to join Japan in an ongoing complaint against South Korea, WTO said.
Polish LNG terminal operator, Polskie LNG, is setting the wheels in motion for the expansion of the President Lech Kaczyński facility in Świnoujście.
Liquefied natural gas (LNG) use by Japan’s power companies rose by 7.7 percent in August when compared to the same month a year ago, the preliminary data from the Ministry of Economy, Trade and Industry shows. The power companies consumed 4.96 million mt of LNG in August as compared to 4.60 million
Lekoil has requested relief from enforcement of expiration of the exploration license for lease OPL 310 from the Nigerian Federal Ministry of Petroleum Resources.
Top News of the Week, 19 – 25 November 2018
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Argentina joins LNG exporters circle with Exmar’s FLNG deployment Belgium’s Exmar, the Nicolas Saverys-led shipowner, has secured deployment for its Caribbean FLNG set to be put in service at the Argentinian Port of Bahia Blanca during the second quarter of 2019. Anadarko allocates $200m for Mozambi
Trinidad and Tobago’s independent natural gas producer Denovo Energy, unit of Germany’s Proman, started commercial supply of natural gas from the Iguana field off Trinidad’s west coast.
