Top News of the Week, 13 – 19 August 2018
PetroChina to dump US spot LNG in fear of tariffs State-owned PetroChina could pull the plug on winter spot LNG cargo purchases from the United States amidst the Chinese government’s proposed tariffs. Cheniere, CPC Corp ink 25-year LNG supply deal Houston-based LNG exporter Cheniere Energy signed a
Australia’s Tap Oil has dismissed the takeover offer made by Northern Gulf Petroleum Holdings Limited, and has recommended shareholders accept offer previously made by Risco.
The AES Corporation said it has inaugurated AES Colón, a 381 MW combined cycle power plant and the Costa Norte LNG facility, the first liquified natural gas terminal in Central America.
To be able to handle next-generation ships, the Port of Everett embarks on the largest capital project in its history.
Wintershall has received consent from the PSA to use the Island Wellserver vessel on the Maria field.
The Australian government will make a review into the commercial value of south-east Australian offshore petroleum titles in order develop offshore reserves “as soon as possible,” warning that some companies might lose retention leases if inactive.
Talos Energy has been the high bidder on 14 offshore blocks in the recent Gulf of Mexico lease sale held by BOEM.
Liquefied natural gas (LNG) exports from the United States rose during the week ending August 15, according to the Energy Information Administration.
Container handling capacity is projected to increase by 260 million TEU until 2023, developing more in line with demand.
Venture Global LNG raked in additional $160 million from large institutional investors bringing the company’s aggregate funding total to $630 million.
Finnish shipping company Containerships, that is soon to become part of CMA CGM group, is continuing the progress on its LNG strategy.
A completed competent persons (CPR) report has noted an increase in Energean’s Israeli reserves.
Australia’s power and gas retailer, Origin Energy, swung to a profit for the financial year of 2018, benefiting from a full year of operations from APLNG’s two liquefaction trains and higher commodity prices.
