Liquefaction

According to Reuters, ExxonMobil is looking for a quick solution to a royalty disagreement between the Government of Papua New Guinea and PNG LNG project landowners.

Fluor Corp. has announced that James Hackett, who previously served on the Board of Directors between 2001 and 2015, has been re-elected to the Board.

According to Reuters, two sources have said that Eni has finalised talks with ExxonMobil regarding the sale of a stake in the planned Mozambique LNG development.

Cheniere Energy Partners LP Holdings LLC has announced that its Board of Directors has declared a quarterly cash dividend of US$0.020 per common share representing limited liability company interest in the company.

According to Reuters, the Sakhalin II LNG plant in Russia has launched a tender to sell four cargoes of LNG between September and October 2016.

Norway’s Petroleum Safety Authority has announced that it has carried out a major accident audit of the Hammerfest LNG facility.

Total has released a statement claiming that it has started production at the Incahuasi gas field in Bolivia.

Crowley Maritime Corp. has won a multi-year contract to supply containerised LNG to Molinos de Puerto Rico – the Caribbean arm of a leading supplier of flour, wheat, corn and rice-based food ingredients.

Woodfibre LNG has announced that Sqomish Forestry LP will be carrying out log handling operations at the Woodfibre LNG site during the 2016 harvesting season.

Chevron Corp. has announced a loss of $1.5 billion for 2Q16, compared to earnings of $571 million in 2Q15.

MEO Australia Ltd has announced that its Tassie Shoal projects in Australia have received updated environmental approvals, extending the approval period of the LNG project to 2052.

Magellan Petroleum Corp. has announced that it has entered into a definitive merger agreement with Tellurian Investments.

CLNG is concerned that the guidance will create greater regulatory uncertainty that will hinder the development of the US LNG industry.

Bear Paw Pipeline Corp. Inc. has received approval from the Nova Scotia Utility and Review Board to build a gas pipeline from Goldboro to the proposed Bear Head LNG export plant.

Wood Mackenzie has released a video looking at cooperative deals between sellers with large offtake commitments looking to improve margins.