Japan's top oil and gas producer Inpex on Thursday increased its full-year net profit forecast to 340 billion yen ($2.3 billion) on expectations of higher oil prices and a weaker yen and after record nine-month earnings.Inpex had earlier forecast net profit for the year at 320 billion yen…
An 'electrical incident' last month has curtailed the output of liquefied natural gas (LNG) at Chevron's Gorgon facility in Western Australia, a company spokesperson said on Thursday. The incident on Oct. 31 at a substation that provides power…
Japan will make sure its energy supplies are not affected by sanctions the United States recently imposed on the Arctic LNG 2 project in Russia in which it has a stake, Industry Minister Yasutoshi Nishimura said on Tuesday.Japan, the world's second-largest liquefied natural gas (LNG) buyer…
U.S.-based LNG firm Excelerate Energy has signed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with the Bangladesh Oil, Gas & Mineral Corporation (Petrobangla). Petrobangla has agreed to purchase 0.85 to 1.0 million…
Malaysia's MISC has entered into a binding Heads of Agreement (HOA) with Pengerang LNG (Two) Sdn. Bhd. (PLNG2SB), a subsidiary of PETRONAS Gas Berhad (PGB), for the supply, operation, and maintenance of a Liquefied Natural Gas (LNG) Floating…
An Australian union alliance's members voted in support to endorse deals on pay and conditions at Chevron's two liquefied natural gas (LNG) facilities in Australia, the union said on Tuesday.Earlier this month, the union called off strikes originally planned at the U…
India's top gas importer Petronet LNG is not seeking additional volumes when it renews its long-term liquefied natural gas (LNG) deal with Qatar, its head of finance V. K Mishra said on Monday on an analyst call.Petronet has a 7.5-million metric…
Thailand has jumped from eleventh to eighth in the world ranking for imports of liquefied natural gas (LNG), after purchases through October soared 25% from the same period in 2022.Thailand imported 22.9 million cubic metres (MCM) of LNG through October…
BP, on behalf of the Tangguh production sharing contract partners in Indonesia, said Thursday that the first cargo of liquefied natural gas (LNG) produced by the new third liquefaction train at the Tangguh LNG facility, in Papua Barat, Indonesia…
The ongoing conflict between Israel and Hamas, the Palestinian militant group, poses a serious threat to the regional natural gas market and could have knock-on effects on Europe’s liquefied natural gas (LNG) supply as winter approaches, Rystad Energy…
Shell is expected to complete maintenance at its flagship Prelude liquefied natural gas (LNG) facility off Australia by mid-November, two sources close to the project told Reuters on Wednesday.The British energy giant started maintenance work at the 3…
An Australian union alliance on Wednesday agreed to endorse deals on pay and conditions at Chevron's two liquefied natural gas (LNG) facilities in Australia, ending an impasse that had led workers to threaten renewed strikes this week.The Offshore Alliance…
Chevron and unions representing workers at its two Australian liquefied natural gas (LNG) facilities will meet for talks on Wednesday after the oil and gas major asked the industrial arbitrator to help close a deal as workers threaten to restart strikes…
Workers at Chevron's two liquefied natural gas (LNG) facilities in Western Australia voted to restart strikes on Friday, endorsing a similar move by colleagues at a meeting less than 24 hours earlier.Night-shift workers at Chevron's Gorgon and…
Qatari oil and gas company QatarEnergy has ordered 17 'ultra-modern' LNG carriers from South Korea's HD Hyundai Heavy Industries (HHI).The deal, signed at a ceremony in Seoul, is valued at 14.2 billion Qatari Riyals (currently around $3,9 billion)…
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