ExxonMobil has announced that it will be reducing its 2020 CAPEX and Cash OPEX in response to low commodity prices resulting from oversupply and demand weakness caused by the COVID-19 pandemic.
Gimi MS Corp., a subsidiary of Golar LNG Ltd, has received written notification of a force majeure claim from BP Mauritania Investments, relating to the Greater Tortue Ahmeyim project.
Qatargas Operating Co. Ltd. has announced the delivery of the first cargo of LNG on a Q-Flex vessel to the ENN Zhoushan LNG receiving terminal in China.
Cryopeak LNG Solutions has broken ground on a new small scale LNG production facility in Fort Nelson, BC.
Höegh LNG Holdings Ltd. subsidiary Höegh LNG Ltd. has applied for an LNG infrastructure ownership, operations and development license in Cyprus.
Woodside has achieved an important regulatory milestone for its Scarborough gas development offshore Western Australia.
Polskie Górnictwo Naftowe i Gazownictwo (PGNIG) has officially become the sole user of the small scale LNG reloading station in Klaipeda, Lithuania.
During 1Q20, a record 72 ships were processed at the Zeebrugge terminal, including 55 ships involved in an LNG transshipment operation.
In response to recent market conditions and global events, Woodside has released a statement outlining actions that it is taking.