Image courtesy of ExxonMobil US energy giant ExxonMobil has outlined a growth strategy targeting a 100 percent increase in earnings by 2025 at 2017 prices. Speaking of the company’s strategy, Darren Woods, chairman and CEO, during the meeting of investment analysts at the New York Stock Exchange, said the company has got
Picture of the day: LNG transshipment at Montoir-de-Bretagne
Image courtesy of Nantes St. Nazaire Port Over the past weekend, the fifth transshipment of Yamal LNG volumes since the start of the year took place at Elengy’s liquefied natural gas terminal of Montoir-de-Bretagne. The cargo was delivered from the Yamal LNG facility on Saturday, March 3 aboard the Arc7 ice-class
EIA cuts 2018 Henry Hub price estimate
Meridian Spirit at the Sabine Pass LNG facility (Image courtesy of Cheniere) The U.S. Energy Information Administration has reduced its forecast for Henry Hub natural gas spot prices this year as LNG exports produced from shale gas continue to rise. To remind, Henry Hub-priced US LNG exports received a boost
Dominion confirms first Cove Point LNG export cargo
zoomIllustration purposes only (Image courtesy of Shell) Dominion Energy confirmed on Friday that the first LNG cargo from its Cove Point terminal in Maryland, the second US facility to produce LNG from shale gas, has departed the facility. Shell’s 136,985-cbm LNG carrier Gemmata, carrying the first cargo of LNG from Cove
Yamal LNG hits first million tons milestone
Image courtesy of Novatek Novatek-led Yamal LNG said it reached a milestone shipping the first million tons of LNG produced at its first train. The first LNG train comprising 5.5 million tons per annum commenced LNG production in the fourth quarter 2017 with the loading of the inaugural tanker, the
Cheniere’s Corpus Christi to produce LNG this year (Gallery)
Image courtesy of Cheniere Cheniere’s Corpus Christi LNG export project could start producing the first liquefied natural gas before the end of the year. Speaking at an LNG industry conference, Cheniere Marketing’s director origination Douglas Wharton said the company is hopeful of starting LNG production by the end of the year,