Australia is due for a second wave of LNG project development, despite spiraling costs that have hindered further progress in recent years, Santos Vice President of LNG Markets and Eastern Australia Commercial Peter Cleary said. Speaking ...
Tags: LNG Development, LNG Markets
The conflict between Ukraine and Russia could cause the global LNG market to tighten further if the crisis were to escalate and affect gas flows into Europe, but high gas storage inventories in the region should create a buffer in the ...
Tags: Natural Gas, Mineral
Progress Energy Canada Ltd., Pacific NorthWest LNG Ltd. and Petroliam Nasional Berhad (PETRONAS) have signed transaction agreements whereby PetroleumBRUNEI, through its affiliates, will acquire a 3 percent interest in Progress Energy ...
Tags: Oil and Gas News, Progress Energy, LNG
Japan and Canada formally cemented a bilateral pact Friday to stimulate trade and investment opportunities in oil and LNG by sharing information and creating a forum to deal with energy issues. Japan's Economy, Trade and Industry Minister ...
Tags: pipelines, regasification plants
Floating storage and regasification units serve as an entry solution to the LNG market for smaller volumes of LNG imports, John Sattar, an LNG and natural gas consultant with Poten & Partners, said in an industry event Thursday. "Given ...
Tags: FSRUs, LNG Markets
Norwegian energy firm Statoil found more gas offshore Tanzania, its third discovery in the country this year, putting it closer to having the resource needed to make commercial development viable. Statoil and partner ExxonMobil found more ...
Tags: Statoil, ExxonMobil, gas offshore, oil