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LNG - 21 April 2016

AGA welcomes the passing of S. 2012

The American Gas Association has praised the US Senate for passing the Energy Policy Modernization Act (S. 2012).

 

Wärtsilä announces job losses

Wärtsilä has announced plans to adjust its Marine and Energy businesses to reflect the weak market situation.

 

GAIL seeks to swap US LNG supplies

According to Reuters, GAIL (India) Ltd is reportedly trying to swap some of its contracted gas supplies from the Sabine Pass LNG facility in the US, in order to decrease shipping costs.

 

Total presents new organisation

On 19 April 2016, Total presented a wide-ranging new organisation plan to employee representatives, as a part of plans to strengthen Total as a global energy leader.

 
 
 
 
 

CB&I net income falls

CB&I has reported a net income of US$107 million in 1Q16, compared to US$132 million in the corresponding period of last year.