Total Tellurian deal worth $207 million PARIS, Dec 20 (Reuters) – French oil and gas major Total said on Tuesday it will buy a 23 per cent stake in Tellurian Investments, a private U.S. gas projects operator, for $207 million as it pursues its drive to secure more downstream gas market share. Total, which is […]
France’s Total buys stake in U.S. gas projects group Tellurian Read More »
One of two Gorgon LNG production units shut down Dec 12 (Reuters) – Chevron Corp’s Gorgon LNG plant off western Australia still has one of its two production units shut around two weeks after first being taken offline, the company said on Monday. The latest in a string of outages to hit the $54 billion project
Chevron still grappling with latest Gorgon LNG outage Read More »
OPEC output cut, tighter Asian market lifts LNG prices By Henning Gloystein SINGAPORE, Dec 2 (Reuters) – Asian spot LNG prices rose to 2016 highs this week, lifted by OPEC’s announcement that it would cut crude oil production in cooperation with Russia as well as by a tightening regional gas market. Spot prices for Asian
LNG prices hit 2016 high on OPEC oil output cut deal Read More »
LNG market may see upswing in prices if crude price rises By Aaron Sheldrick TOKYO, Dec 2 (Reuters) – The oil output cut announced by OPEC could impact the LNG market, if crude oil prices keep rallying, a senior executive from Japan’s JERA Co, the world’s biggest buyer of the fuel, told Reuters. Big LNG
OPEC production cut could hit LNG market if prices keep rallying Read More »
Ivory Coast LNG By Loucoumane Coulibaly ABIDJAN, Nov 25 (Reuters) – French oil major Total , the Ivorian state oil company and four other partners have formally established a consortium to build an Ivory Coast LNG import terminal meant to feed the country’s growing electricity consumption. Demand for electricity is rising in Ivory Coast – which
Consortium led by French group Total wins Ivory Coast LNG deal Read More »
Woodfibre LNG export terminal to begin construction in 2017 By Nia Williams CALGARY, Alberta, Nov 7 (Reuters) – Woodfibre LNG, Canada’s first liquefied natural gas export project, will be a “nice-to-have” fillip for the country’s gas producers but does not signal the start of a west coast LNG boom, industry watchers said on Monday. Privately held
Woodfibre LNG export terminal seen as one-off, not trend Read More »
Woodfibre LNG plant construction expected to begin in 2017, operation in 2020 The Woodfibre LNG Project in Squamish, BC has received the green light from parent company Pacific Oil & Gas Limited, which expects construction to be finished by 2020. Woodfibre LNG Limited will build a new 2.1 mtpa liquefied natural gas processing and export facility using
Woodfibre LNG gets green light to build BC LNG plant Read More »
InterOil acquisition would give Exxon access to Asian LNG markets Nov 4 (Reuters) – InterOil Corp said on Friday an appeals court in Canada had overturned approval of the natural gas producer’s $2.5 billion sale to Exxon Mobil Corp, throwing the deal’s viability in doubt. The Supreme Court of Yukon ruled for Phil Mulacek, InterOil’s founder
Exxon’s bid for InterOil in doubt after Canadian court ruling Read More »
Pacific NorthWest LNG project near Prince Rupert, BC By Catherine Ngai VANCOUVER, Oct 27 (Reuters) – Canadian aboriginal and environmental groups filed lawsuits on Thursday seeking to overturn government approval of the $27 billion Pacific NorthWest LNG project led by Malaysia’s Petronas, that they say will hurt the environment and destroy crucial salmon habitat. The challenges, filed
Aboriginal, environmental groups file lawsuits to stop Pacific NorthWest LNG Read More »
Gas tanker attacked, crew safe and accounted for By Jonathan Saul LONDON, Oct 26 (Reuters) – Unknown assailants attacked a gas tanker off the coast of Yemen close to the Bab al-Mandab waterway in the latest flare up in an area through which much of the world’s oil passes, shipping and security officials said on
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