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LNG

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.

 
 
 
 
 
 

Japan LNG imports down

Japan’s LNG imports fell 6.2% in the period from April 2015 to March 2016.

 

Nakilat’s profits increase

Qatar Gas Transport Co. Ltd has announced that, in 1Q16, its net profits reached QR240 million, compared to QR223 million in 1Q15.