China's rising LNG demand to stem global glut
China's soaring demand for LNG is sparking industry hopes that a supply overhang causing a slump in prices will end sooner than initially anticipated.
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Qatar Petroleum announces the integration of two companies
Qatar Petroleum has announced that it intends to integrate the activities of Qatar Vinyl Co. into Qatar Petrochemical Co. through a service agreement arrangement.
MOL to restructure organisation
Mitsui O.S.K. Lines Ltd has announced that it will restructure the organisation effective 1 April 2017.
World's largest gas and LNG event announces return to Europe in 2018
Barcelona, Spain has been announced as host city to the world’s largest natural gas and LNG event – the Gastech Exhibition & Conference
Fosmax LNG considers small scale LNG vessel loading services at Fos Cavaou
Fosmax LNG is considering modifying its existing facilities to make them capable of receiving both existing and planned small scale LNG vessels at the Fos Cavaou LNG terminal in France.
Japan pays high fee for first US shale cargoes
Japan in January paid nearly twice as much for LNG derived from US shale gas as it did for its cheapest imports.
Chevron suspends production at Gorgon Train Two
Chevron has temporarily suspended production of LNG at its Gorgon Train Two production line in Australia.
OLT LNG import terminal seeks 20 LNG cargoes
Italy's OLT is seeking 20 LNG cargoes for April – September delivery.
Sevan Marine enters long-term framework agreement with ExxonMobil
Sevan Marine ASA has announced that it has entered into a long-term framework agreement with ExxonMobil for the provision of services and use of its cylindrical hull technology.
Argentina selects winners in nine-cargo LNG supply tender
Enarsa awarded its tender to buy nine cargoes of LNG to Gas Natural Fenosa, Trafigura, Glencore, Engie and BP among others.
XNG expands management team
Xpress Natural Gas LLC – a full-service CNG and LNG provider with operations in the US and eastern Canada – has announced that it has appointed two key executives to leadership roles.
Moody’s expects LNG prices to remain constrained beyond 2020
In Moody’s latest report, it expects LNG prices to remain constrained beyond 2020, as a wave of new supply capacity comes online at a time when demand from the world’s largest importers is declining.
LNG exports expected to drive growth in US natural gas trade
The US is expected to become a net exporter of natural gas on an average annual basis by 2018.
LNG-conversion-ready tanker commences sea trials
General Dynamics NASSCO has announced that the Liberty – the third and final ship constructed as part of the ECO Class tanker programme for SEACOR – has been taken to sea for testing and trials.
Okra Energy hires Donald Gongaware
Donald Gongaware has joined Okra Energy as Chief Process and Innovation Officer.