
Chevron expects to write-down asset values this quarter
Chevron Corp. is expecting to write down the value of its assets by US$10 billion to US$11 billion this quarter, and is considering the sale of some of its natural gas projects.
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Chevron Corp. is expecting to write down the value of its assets by US$10 billion to US$11 billion this quarter, and is considering the sale of some of its natural gas projects.

Brazil’s Petrobras will shortly begin leasing its LNG regasification terminal and associated gas pipeline, located in the country’s northern state of Bahia.

McDermott International, Inc., along with its partners, Chiyoda International Corp. and Zachry Group, has announced that commercial operations have commenced at Train 1 of the Freeport LNG project in Texas, US.

AB Klaipedos Nafta has reported its preliminary LNG activity and revenue results for the November 2019.

McDermott International, Inc., along with its partners, Chiyoda International Corp. and Zachry Group, has announced that Train 2 of the Freeport LNG project on Quintana Island in Freeport, Texas, has started producing LNG.

A tender has been issued by Adriatic LNG to identify parties available to supply LNG.

The Canada Energy Regulator has approved an application from Chevron Canada to export LNG for a term of 40 years.

According to Reuters, Cheniere Energy Inc. has asked US energy and safety regulators to approve a process that would enable it to return a faulty storage tank to service.

The Canadian IAA is making funding available to assist the participation of the public and Indigenous peoples in the FIA of the proposed Cedar LNG project.

Zeebrugge LNG terminal is expecting no fewer than 16 ships to moor for unloading in the first 20 days of December.

Santos has lifted its 2025 production target to 120 million boe, more than double 2018’s output.

McDermott International and Chiyoda International Corp. have announced that Train 2 of the Cameron project has reached the final commissioning stage.