LNG shipper Golar made further advancements in its projects in the first quarter of the year. Image courtesy of Golar LNG The company reported a loss of $104.2 million for the first three months of the year. This compares to a $41.7 million loss reported in the corresponding period in …

The United States LNG facilities upped the number of cargoes exported during the week ending May 27. Courtesy of Cheniere Data from the United States Energy Information Administration (EIA) shows that a total of 12 cargoes have been exported during the week under review. The vessels had a total LNG-carrying …

Norwegian energy giant Equinor plans to bring back online its Hammerfest liquefied natural gas export plant on June 18 following planned maintenance. Hammerfest LNG (Image by Harald Pettersen / Equinor) The LNG operator said earlier this month it would close the export facility for scheduled maintenance for two weeks starting …

Houston-based KBR said Thursday it has won an energy efficiency opportunities study by Australia’s Santos for its Gladstone LNG plant on Curtis Island. GLNG plant (Image courtesy of Santos) According to the engineering company, the study seeks to explore opportunities to improve the overall energy efficiency of the plant and …

Thailand’s energy regulator has approved another liquefied natural gas import licence as the country is stepping up efforts in liberalising its gas and LNG markets. For illustration purposes only (Image: B.Grimm Power) The Energy Regulatory Commission said in a statement it granted an LNG import licence on Wednesday to a …

Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business, slipped into the red in the first quarter. Courtesy of Flex LNG The company reported a $14.9 million loss in the first quarter of the year, compared to a net income of …

ConocoPhillips has completed the sale of its subsidiaries that hold its northern Australia and Timor-Leste assets and operations to Santos. The two energy giants entered into an agreement for the sale of ConocoPhillips’ assets for $1.39 billion-plus contingent payments in October 2019. The deal included operating interests in Darwin LNG, …

Norway-based Hoegh LNG recorded a net loss in the first quarter saying it had a limited impact on its operations from the Covid-19 coronavirus pandemic. Image courtesy of Hoegh LNG Höegh LNG posted a net loss of $1 million for the first quarter this year, compared to a profit of …

South Korea’s Daewoo Shipbuilding and Marine Engineering has started construction on a new liquefied natural gas carrier for BW LNG. Image courtesy of BW LNG The Korean yard hosted a keel-laying ceremony to mark the construction start of the vessel on Wednesday. The LNG carrier is the eighth BW LNG …