Origin Energy Ltd expects to recognise an impairment charge of approximately $1.2 billion (post-tax) for the second half of the 2017 fiscal year in its full year results to be released on 16 August 2017.
Tellurian Inc. has released its financial results for 2Q17, reporting a net loss of approximately US$33 million.
Multiplex has announced that a consortium comprising of itself, DIF, Compass Group and Brookfield Financial has been nominated as the preferred tenderer to build and manage a new Karratha accommodation facility for Woodside.
The average contract price for spot cargoes of LNG for shipment to Japan fell to a 14-month low in July.
Asian spot LNG prices rose this week as South Korean importers and Taiwan showed appetite.
Alaska Gasline Development Corp. has announced that it has qualified as a tax-exempt political subdivision of the State of Alaska under new and more stringent proposed IRS regulations.
LNG Ltd’s US and Canadian projects are well placed to meet the next wave of LNG exports that will be needed in the early 2020s.
European gas suppliers will have to take a more proactive role in tapping into diverse supply sources in view of US attempts to push its LNG into Europe.
Petronas announced last month that it was pulling out of the project.
PGNiG expects to sign short and mid term contracts for LNG by mid 2018 to take advantage of an expected supply glut.
Norsafe has announced it has secured its largest ever offshore contract to provide lifesaving appliances for ENI’s Coral South floating LNG unit.
Gunvor looks to edge out rivals bidding for supply from Africa's first deepwater FLNG plant.
Statoil has announced that, alongside partners OMV and Petoro, it has made a small gas discovery in the Gemini North well, located northeast of the Wisting discovery in the Barents Sea.
Petronas' decision to cancel its Pacific NorthWest LNG project is a blow to the growth outlook for Canada's largest shale play.
SRG Ltd has announced that it has won a contract for the provision of specialist contracting services for eight new LNG tanks in Kuwait.