Woodside and Tokyo Gas discuss stake in US LNG Project
Tokyo Gas and Woodside Energy are in discussions about a possible stake in the multi-billion dollar Louisiana LNG export project. Two people familiar with these talks confirm this. Woodside, a major Australian oil and natural gas company…
Singapore Sticking with Natural Gas
Natural gas will continue to play a dominant role in generating electricity in Singapore while the state plans to accelerate the use of renewable energy, primarily solar power, in the next decade to battle climate change, a senior government…
Lithuania's KN Bids for LNG Terminal Operator in Brazil
Lithuania's state-run oil and LNG terminal operator Klaipedos Nafta (Klaipedos Oil, KN) said on Wednesday it’s currently negotiating an operations and maintenance services agreement for a LNG terminal in Brazil with Brazils' Gas Natural…
Plans for Israeli Gas Exports to Egypt on Track
Plans to start exporting gas from Israel to Egypt are on track but further steps are still needed before exports can commence, Egyptian petroleum minister Tarek El Molla said on Monday."Everything is agreed on ... countries (involved) have already given their blessings.
Russia's Yamal LNG Ships First LNG Cargo to Spain's Fenosa
Russia's Yamal LNG plant said on Thursday it had shipped a first gas cargo to Spain's Gas Natural Fenosa.According to the 24-year offtake contract, Yamal, controlled by Russia's Novatek, is set to ship 2.5 million tons of LNG annually, which equals more than 3 billion cubic meters of natural ga
Boosted by Rising Oil Prices, Spain's Repsol Hits Accelerator
Spain's Repsol plans to increase investment and production and lift its dividend by 2020 after years of cost cuts, the oil and gas company said on Wednesday, as a rebound in global oil prices boosted its profits.The refiner will spend 15…
Cheniere Mulls Third Liquefaction Train at Corpus Christi
U.S. liquefied natural gas (LNG) company Cheniere Energy Inc said it planned to make a final investment decision to build the third liquefaction train at its Corpus Christi LNG export facility in Texas in the first half of 2018:Cheniere…
Repsol Beats Street, Hikes Dividend
Spanish oil major Repsol on Wednesday hiked its dividend by 13 percent to 0.90 euros per share after posting a better than expected fourth-quarter net profit, as trading gains and lower financial costs more than offset falling refining margins.
Cheniere's LA Sabine Pass LNG Output Dips
The volume of gas flowing into the facility dropped from about 3.2 billion cubic feet per day on Wednesday to 2.8 bcfd on Thursday and a projected 1.5 bcfd on Friday, Reuters data showed. One bcfd is enough gas to fuel about five million U.S. homes.
Trelleborg Solutions for FLNG Ship-to-Shore System
Trelleborg has hailed the recent test of the Universal Transfer System (UTS) conducted with Connect LNG and Gas Natural Fenosa, as tangible evidence of the new applications that its suite of products for jettyless LNG transfer can unlock in this challenging field.
Repsol Markets Corporate Green Bond
In a fresh landmark for Europe's capital markets, Repsol is poised to become the first oil and gas company to sell a Green bond transaction. The Spanish company started marketing a no-grow €500m five-year at 55bp area over mid-swaps on Tuesday…
Partners Spur Renewable Electricity Integration
Hydrogen addition from renewable sources to natural gas supports the decarbonization of the natural gas system and integration of sustainable energy sources. However, the properties of hydrogen differ significantly from those of natural gas…
Gas Natural Contemplates Italian Exit
Gas Natural has hired Rothschild to carry out a strategic review of its Italian business which could result in the Spanish energy company selling its assets in the country for as much as 700 million euro ($751 million), sources said. A board…
US Shifts LNG Exports to Asia as Arb Opens Ip
The biggest divergence between U.S. and Asian gas prices in a year has created an opportunity for tankers delivering liquefied natural gas, with most departures from a key Louisiana terminal in the last month-and-a-half heading toward East Asia, shipping data released on Wednesday show.
Australian Industry Dependent on Natural gas
Natural gas is both a source of energy and an essential raw material for manufacturing. Almost one-third of the gas consumed in Australia is used by manufacturers. Manufacturing in Australia is a $100 billion industry directly employing 890,000 people.
Gas Natural Seeks Colombia's Help to Chase Unpaid Bills
Spanish energy company Gas Natural has asked for talks with the Colombian government on a new legal framework to allow it to recover 1.3 billion euros ($1.44 billion) in unpaid bills owed to its Colombian electricity business. Electricaribe…
Repsol, Criteria to Sell 20% of Gas Natural to GIP
Spain's Repsol and Criteria Caixa, the holding company that owns Caixabank , have agreed a 3.8 billion-euro ($4.27 billion) deal to each sell a 10 percent stake in Gas Natural to Global Infrastructure Partners, they said. GIP, a New York-based infrastructure fund…
Repsol, Criteria Caixa mull Gas Natural stake sale
U.S. investment fund in preliminary talks to buy stake; twenty pct stake has market value of around $4.2 billion. Spanish oil firm Repsol and Criteria Caixa, an industrial holding company that owns Caixabank, said on Thursday they were in…
Chile to Choose from 84 Bids on Massive Energy Contracts
Chile is due to announce on Wednesday the winners of bids to provide around a third of the country's energy needs for two decades from the 2020s as the world's top copper miner seeks to encourage renewables and cut high prices. Divided into five blocks…
Argentina buys 8 LNG Cargoes
Argentina's state-run Enarsa has purchased liquefied natural gas (LNG) supplies from companies including Trafigura, Royal Dutch Shell, BP , Petrobras and Gas Natural as part of its latest tender, trade sources said. Eight of the nine cargoes sought in the tender were awarded…
