News
Cooper Energy to exit Indonesia. Put focus on offshore basin in Australia
Australian energy company Cooper Energy has decided to divest interest in a project onshore Indonesia, aiming to put all of its efforts on its offshore assets in Australia. Cooper Energy is selling a 55 percent stake in the Tangai Sukananti project in the South Sumatra, Indonesia, to its compatriot
Sakhalin II LNG expansion FEED documents almost complete
Gazprom and Mitsubishi Corporation said that the development of the FEED documents for Sakhalin II LNG plant’s third liquefaction train are close to completion.
South Korea: Sep LNG imports down YoY
Imports of liquefied natural gas (LNG) by South Korea, the world’s second-largest buyer of the chilled fuel, dropped 13.8 percent year-on-year in September, according to the customs data. South Korea imported 2.24 million mt of LNG in September, as compared to 2.59 million mt in the corresponding mo
Exxon Mobil set to start drilling as Liberia breaks free from Ebola
U.S. oil giant Exxon Mobil is reportedly set to begin drilling operations in its license offshore Liberia. According to Reuters, which cited the company’s spokesperson, the drilling operation in Exxon Mobil’s Liberia-13 deepwater block, is expected to start in November 2016. Exxon Mobil acquired an
Gazprom says U.S. LNG is not a competitor in European market
Russian gas conglomerate Gazprom sees no threat from U.S. liquefied natural gas (LNG) supplies coming to the European market. Gazprom, that generates more than a half of its revenue in Europe, said in a statement on Tuesday that in the European market “U.S. LNG was losing” against the company’s pipe
Air Liquide opens LNG station in Duttlenheim, France
Air Liquide opened its third LNG-CNG fueling station for road transport in Duttlenheim, France on Tuesday.
Tokyo Gas September sales rise
Total gas sales by Japan’s Tokyo Gas reached 1,179.850 million cubic meters in September, 5.2 percent up compared to the same month in 2015.
US trademark office issues patent for Chart’s liquefaction tech
Chart Energy and Chemicals, a unit of Chart Industries, has been awarded a patent for its cryogenic liquefaction process technology by the US Patent and Trademark office.
Teekay LNG Partners bags US$110 mln through Norwegian bond issuance
Teekay LNG Partners, the partnership formed by Teekay Corporation, issued NOK 900 million in new senior unsecured bonds that mature in October 2021 in the Norwegian bond market.
UK: OGA and EEEGR looking to rejuvenate Southern North Sea
UK’s Oil and Gas Authority (OGA) and the East of England Energy Group (EEEGR), have launched a new Southern North Sea Rejuvenation Special Interest Group (SIG) at a government reception to highlight the importance of the region in the economic recovery of the UK’s oil and gas reserves. OGA said on W
Tom Harries, BNEF: Comparing Apples with Apples
Tom Harries, a wind analyst at Bloomberg New Energy Finance (BNEF) and one of the panellists at the upcoming Offshore WIND Conference, has provided an insight into matters which are at the centre stage of the offshore wind sector: “Auctions, prices and frontier markets are the hot topics in the sect
APC to provide LNG transfer system for GNL Quintero
Alpha Process Controls, the UK-based division of GT Group, has been awarded a contract to supply GNL Quintero terminal in Chile with LNG hose transfer system.
Greenpeace files ‘historic’ lawsuit against Norway over Arctic drilling plans
Environmental organization Greenpeace filed a lawsuit on Tuesday morning against the Norwegian government for allowing oil companies to drill for new oil in the Arctic Barents Sea. The lawsuit has been filed together with the Norwegian environmental group Nature & Youth in order to keep millions of
LNG sector ready for shipping emissions requirements, coalition says
SEALNG, the cross-industry coalition established to promote the use of LNG as a marine fuel, said the liquefied natural gas sector is ready for the future emissions demands of the shipping industry.