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LNG

 
 

Santos reports slight increase in revenue in 1Q16

According to Reuters, Santos Ltd reported a 1% increase in its 1Q16 revenue as it increased coalbed methane sales to its Gladstone LNG facility, offsetting the collapse in oil and gas prices.

 
 

Seaspan appoints new CFO

David Spivak, a Director of Höegh LNG Partners LP, will join Seaspan Corp. as its new Chief Financial Officer.

 
 

InterOil enters new credit facility

InterOil Corp. has announced that it has entered a new US$400 million senior secured CAPEX facility – CFO says it highlights lenders’ confidence in the Papua LNG project.

 
 

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.