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Natural Gas Consumption Up 10% in China

May 10, 2019

According to the preliminary estimate, the consumption of natural gas in China exceeded 27 million cubic meters in 2018, registering a YOY increase of more than 10%, said a report.The growing Chinese economy and stricter environmental protection…

Tellurian to Decide on Louisiana Driftwood LNG Project in 2019

May 08, 2019

Tellurian Inc confirmed on Wednesday it still plans to make a final investment decision to build its proposed $30 billion Driftwood liquefied natural gas (LNG) export project in Louisiana in 2019:* The company, in a first-quarter earnings statement…

Natural Gas Liquid Market to Cross 14 mbl/day by 2025

May 06, 2019

Global Natural Gas Liquid Market is poised to cross 14 million barrels per day by 2025, said a study.Japan natural gas liquid market is projected to surpass an annual consumption of 0.2 mbl/day said the latest study by Global Market Insights…

Piedmont Awards EPC Gig to Matrix

May 06, 2019

Oklahoma-based Matrix Service Company has secured an engineering, procurement and construction (EPC) contract for the Piedmont Natural Gas LNG  facility in North Carolina.The contract was awarded to Matrix’s subsidiary, Matrix Service Inc, to…

Oxy Would Sell Anadarko’s Africa Assets to Total

May 05, 2019

France's Total SA said on Sunday it has agreed with Occidental Petroleum Corp to acquire the African assets of Anadarko Petroleum Corp for $8.8 billion, should the two U.S. oil and gas companies clinch a deal to combine.The agreement with Total…

Shell Pursues Exit from Indonesia LNG Project

May 03, 2019

Royal Dutch Shell is moving to sell its stake in Indonesia's $15 billion Abadi liquefied natural gas (LNG) project, industry and banking sources said, following on from an asset disposal program that has raised more than $30 billion.Shell, the world's largest buyer and seller of LNG…

Nauticor Acquires World's Biggest LNG Bunkering Ship

May 03, 2019

AB Klaipedos nafta (KN), the operator of oil products and liquefied natural gas (LNG) terminals, and the German company Nauticor GmbH & Co. have agreed on the sale of KN’s 10% stake in the charter contract of Kairos, the world’s largest LNG bunker supply vessel to Nauticor…

DOE Approves Port Arthur LNG Project

May 03, 2019

The U.S. Department of Energy (DOE) announced the signing of a long-term order authorizing the export of domestically produced liquefied natural gas (LNG) from Sempra Energy’s Port Arthur LNG export project to be built in Port Arthur, Texas…

Tellurian Clears Hurdle for LNG Export

May 02, 2019

Texas-based natural gas company Tellurian has announced that the US Department of Energy (DOE) Office of Fossil Energy has issued the long-term authorisation for Driftwood LNG to export domestically produced LNG from its proposed export facility to non-free trade agreement (non-FTA) countries…

Bangladesh's 2nd LNG Terminal Begins Operations

May 02, 2019

Bangladesh has employed its second liquefied natural gas (LNG) terminal with the beginning of operations of floating storage and regasification unit (FSRU) 'Summit LNG' offshore Moheshkhali Island in the Bay of Bengal.According to Excelerate Energy…

US LNG Opens Floodgates to Europe

May 02, 2019

The United States has nearly tripled its natural-gas exports to the European Union (EU) since July and signed new licenses seeking to establish American energy as an EU mainstay. US exports of LNG surged following a meeting between Donald Trump and Jean-Claude Juncker in July 2018…

Shell Outperforms Rivals in Q1

May 02, 2019

Royal Dutch Shell reported on Thursday a small drop in first quarter profit to $5.4 billion, but still easily beat forecasts, helped by stronger trading and liquefied natural gas earnings.Shell's results outshone those of rivals Exxon Mobil…

Ichthys Ramps Up Output

Apr 29, 2019

A tanker carrying liquefied natural gas (LNG) has been floating off Australian waters for nearly two weeks as production at Ichthys project ramps up, industry sources told Reuters.The tanker 'Symphonic Breeze' has been moored at Darwin anchorage…

LNG Headed for $200B Capex Boom

Apr 26, 2019

Announcing that the “boom is back” for liquefied natural gas (LNG), Wood Mackenzie says that over the next two years, almost 90 million tonnes per annum (mmtpa) of LNG is expected to take final investment decision (FID) and start construction…

Novatek Sell 20% Stake in Arctic LNG 2 to China

Apr 26, 2019

Russian gas producer Novatek said on  that it had signed agreements with two Chinese companies to sell a combined 20 percent stake in its new liquefied natural gas project, Arctic LNG 2.Under the agreement, the Chinese firms -CNOOC and CNODC…

Current News

Viridien Progresses Hybrid Multi-Client Survey Offshore Malaysia

Viridien Progresses Hybrid Multi-Client Survey Offshore Malaysia

TGS Extends Work on Indonesia’s Largest Seismic Acquisition Project

TGS Extends Work on Indonesia’s Largest Seismic Acquisition Project

Saudi Contractor Enters Oman with Four-Well Drilling Assignment

Saudi Contractor Enters Oman with Four-Well Drilling Assignment

McDermott Gets ADNOC’s ‘Mega Contract’ to Advance Umm Shaif Field

McDermott Gets ADNOC’s ‘Mega Contract’ to Advance Umm Shaif Field

Iran Tightens Enforcement of Strait of Hormuz Transit Rules

Iran Tightens Enforcement of Strait of Hormuz Transit Rules

TenneT Completes Drilling, Installation of Protective Conduits for Wind Farms

TenneT Completes Drilling, Installation of Protective Conduits for Wind Farms

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

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