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News

California governor signs bill to block offshore oil drilling
News

California governor signs bill to block offshore oil drilling

Governor of California has signed two pieces of legislation to block new offshore oil drilling along California’s coast.

about 8 years ago
Oil & Gas UK warns about the impact of record low drilling activity
News

Oil & Gas UK warns about the impact of record low drilling activity

Oil & Gas UK, a representative body for the UK’s offshore industry, on Tuesday warned the sector is at a crossroads.

about 8 years ago
Feasibility study approved for Vietnam small-scale LNG plant
News

Feasibility study approved for Vietnam small-scale LNG plant

Russian gas giant Gazprom and Vietnam have approved a feasibility study for a pilot project aimed at building a Vietnam-based small-scale liquefied natural gas (LNG) plant. LNG produced at the small-scale facility would be used as fuel for vehicles. The project operator is the PVGAZPROM Natural Gas

about 8 years ago
Azinam enters two licenses offshore South Africa
News

Azinam enters two licenses offshore South Africa

Azinam Limited has acquired a 40% operating interest in Block 3B/4B and a 51% operating interest in Nearshore Block 3B/4B in the Orange Basin, offshore South Africa.

about 8 years ago
SBM Offshore settles Yme insurance claim
News

SBM Offshore settles Yme insurance claim

SBM Offshore has reached full and final settlement of its insurance claim related to Repsol’s failed Yme development project located in the North Sea offshore Norway.

about 8 years ago
Japan’s average spot LNG price climbs in August
News

Japan’s average spot LNG price climbs in August

The average price Japanese buyers paid for spot LNG cargoes contracted in August rose for the third month in a row. The data released on Tuesday by the Ministry of Economy, Trade and Industry shows that the contracted spot LNG price rose 7 percent when compared to the previous month and 84.4 percent

about 8 years ago
Russia’s Novatek inks Kamchatka LNG hub deal
News

Russia’s Novatek inks Kamchatka LNG hub deal

Russia’s largest independent natural gas producer and Yamal LNG operator, Novatek said on Monday it signed a deal for its planned liquefied natural gas transshipment terminal on Kamchatka Peninsula in the Russian Far East. Novate signed an agreement of intent with the Ministry of the Russian Federat

about 8 years ago
Sempra Energy appoints Jeffrey Martin as chairman
News

Sempra Energy appoints Jeffrey Martin as chairman

US LNG player Sempra Energy said on Monday that its chief executive Jeffrey W. Martin has been elected chairman of the company, effective December 1. Martin will succeed Debra L. Reed, who is retiring from Sempra Energy December 1, as previously reported. Martin has served as Sempra ‘s CEO since May

about 8 years ago
Novatek, Jogmec sign LNG cooperation deal
News

Novatek, Jogmec sign LNG cooperation deal

Russia’s Novatek, the operator of the giant Yamal LNG project, signed a memorandum of understanding with Japan’s Jogmec to cooperate on liquefied natural gas export projects. Under the deal, the duo agreed to explore opportunities to cooperate on Novatek’s projects in the Yamal and Gydan peninsulas,

about 8 years ago
Cox-Energy XXI merger to go through in early October
News

Cox-Energy XXI merger to go through in early October

Energy XXI Gulf Coast (EGC) has entered into an amendment to the agreement and plan of merger with Cox Oil LLC.

about 8 years ago
Excelerate, TGS join forces on Argentina LNG export project
News

Excelerate, TGS join forces on Argentina LNG export project

Texas-based floating LNG solutions provider Excelerate Energy and Argentina’s energy company Transportadora de Gas del Sur (TGS) signed a memorandum of understanding to study an LNG export project in the city of Bahía Blanca, Argentina. Argentina currently imports liquefied natural gas through two f

about 8 years ago
Spain’s Reganosa and Japan’s Sojitz ink deal to boost LNG cooperation
News

Spain’s Reganosa and Japan’s Sojitz ink deal to boost LNG cooperation

Spain’s Reganosa, the operator of the Mugardos LNG terminal, and Japan’s Sojitz Corporation signed a deal to collaborate in the international sector in fields such as liquefied natural gas. The memorandum of understanding will promote collaboration and the development of opportunities by the duo bot

about 8 years ago
Oil majors submit application for CO2 storage project off Norway
News

Oil majors submit application for CO2 storage project off Norway

Partners in the Northern Lights project have submitted an application for an exploration permit for a subsea reservoir for injection and storage of carbon dioxide on the Norwegian Continental Shelf.

about 8 years ago
US House approves small-scale LNG export bill
News

US House approves small-scale LNG export bill

The U.S. House of Representatives approved a bill on Thursday that would allow the expedited approval of small-scale shipments of liquefied natural gas (LNG). The H.R. 4606, the Ensuring Small Scale LNG Certainty and Access Act, was approved by a 260-to-146 vote. The bill, authored by Rep. Bill John

about 8 years ago
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