Image courtesy of U.S. Department of Energy U.S. senators Marco Rubio and Bill Cassidy, backed the U.S. Department of Energy’s decision to streamline the approval of small-scale exports of LNG to foreign countries, including those in South America, Central America, and the Caribbean. The Trump Administration’s new policy is virtually identical
zoomImage courtesy of Saipem Italian oil and gas contractor, Saipem, reported a 323 million euro ($377.6 million) net loss for the first half of the year on the back of write-downs and reorganization expenses that hit 329 million euro. This compares to a 110 million euro loss in the first six months of 2017.
Image courtesy of LNG Limited Liquefied Natural Gas Limited signed a workforce deal with the Nova Scotia Construction Labour Relations Association (CLRA) and Cape Breton Building and Construction Trades for the proposed Bear Head LNG facility in Nova Scotia. The MOA outlines a path forward for both parties to establish
zoom Three European majors, BP, Eni and Shell have bumped up new project approvals during the recent downturn, a review by the energy research and business intelligence company Rystad Energy shows. For projects that have started up since 2014, majors have collectively achieved greenfield costs of $13.50 per barrel of oil equivalent.
zoomImage courtesy of Cuadrilla Lancashire-headquartered Cuadrilla has received final hydraulic fracture consent from the Department for Business, Energy & Industrial Strategy (BEIS) for its first horizontal shale gas exploration well at its Preston New Road site in Lancashire. All other relevant planning and permits required were already secured, the company
zoomImage courtesy of Polarcus Australian independent oil and gas company, Melbana Energy, kicked off the 3D seismic survey of the Beehive prospect in the Joseph Bonaparte Gulf, 225 kilometers southwest of Darwin. The seismic survey is being carried out by the Polarcus’ vessel, Polarcus Naila, Melbana said. The Beehive 3D
zoomIllustration only. Image source: Pixabay under CCO Creative Commons license. Chinese pair, China Huadian and Guanghui Energy shave agreed to build a liquefied natural gas (LNG) receiving and storage facility in Yueyang city on the Yangtze river. Named the Yueyang LNG terminal, the project will be developed in three phases
Image courtesy of Kuehne + Nagel Malaysian LNG giant Petronas has awarded a three-year logistics and supply chain contract to the German logistics specialist Kuehne + Nagel. Under the agreement, Kuehne + Nagel will assume end-to-end integrated supply chain responsibilities for Petronas, the logistics specialist said in its statement. Malaysia
zoomTrinidad onshore compression project: (Image courtesy of BP) Trinidad and Tobago’s liquefied natural gas (LNG) production rose 40 percent year-on-year in May to 2.32 million cubic meters. When compared to the month before, production at Atlantic LNG’s Point Fortin facility remained almost flat, according to the data by Trinidad’s Ministry
Imports of liquefied natural gas (LNG) into China during the month of June have risen compared to the corresponding period last year. The country that is pursuing the switch from coal to natural gas for heating and industrial purposes, saw its June LNG imports reach 3.97 million tonnes, 31.3 percent