Cash-strapped LNG Limited has appointed voluntary administrators as the Australian company is going through difficult times. The developer of two US LNG export projects and one in Canada said in a statement that it appointed PricewaterhouseCoopers Australia on 30 April. “The voluntary administrators are reviewing the company’s business and assets
Nasdaq-listed Golar LNG Partners has appointed Karl Fredrik Staubo as its interim chief executive officer. Golar LNG Partners current CEO Graham Robjohns announced in October last year he was to step down on April 30, 2020. Robjohns also stepped down as chief financial officer and deputy CEO of parent company
Hamburg-based Nauticor said its bunker vessel Kairos completed the bunkering of DEME’s LNG-fueled dredged Scheldt River. Image courtesy of Nauticor The operation was completed at the Brunsbüttel port, with Nauticor cooperating with Brunsbüttel Ports and DEME Group on the operation. Nauticor reminded that the first ship-to-ship LNG bunkering operation took
The Nordic energy company Gasum closed the acquisition of Linde’s LNG and biogas business in Sweden and Norway. Image courtesy of Gasum It has also purchased Naturicor’s marine bunkering business in Germany. The acquisition closed on April 30, Gasum said in its statement. The company added that the businesses generate
US liquefied natural gas exporter Cheniere posted a 20 percent rise in first-quarter revenues while net profit rose to $375 million. Image courtesy of Cheniere The LNG company reported revenues of $2.71 billion in the January-March period, compared to $2.26 billion in the same period the year before. Net income
China’s Hudong-Zhonghua Shipbuilding has started building the second liquefied natural gas bunkering vessel owned by Japan’s MOL and chartered by Total of France. Image courtesy of Hudong MOL’s first LNG bunkering ship, the world’s largest such vessel, was delivered on Thursday. Both of the vessels will have a capacity of
Australia’s largest LNG player Woodside expects low oil and gas prices to continue for the rest of 2020 and into next year due to the Covid-19 coronavirus pandemic. Pluto LNG (Image courtesy of Woodside) Cripling worldwide demand caused by the Covid-19 restrictions has seen oil, gas and LNG prices at