GLNG - Global LNG
The Australian government has announced plans to provide additional funding that is geared towards speeding up the development of the Northern Territory’s shale gas resources.
Chevron has reported finding weld quality issues at a second train at its Gorgon LNG project, while Shell has restarted production at Prelude FLNG after an almost year-long outage.
US-based New Fortress Energy (NFE) is set to raise its profile through the acquisition of LNG and power-generating assets in Brazil and of another company, Golar LNG, also known as GMLP.
China’s crude oil and natural gas imports both climbed to record highs in 2020, despite the COVID-19 pandemic severely depressing economic activity.
Australia’s Squadron Energy is striving to close talks with potential customers for its liquefied natural gas (LNG) import project at Port Kembla in New South Wales.
Indonesia’s state-owned Perusahaan Gas Negara (PGN) has unveiled a three-year plan to support the government’s drive to bolster domestic natural gas consumption.
Construction sites for onshore facilities related to a large-scale LNG project are a focal point of the campaign by Islamist insurgents to seize control of Mozambique’s northern Cabo Delgado Province, according to a Verisk Maplecroft analyst.
Companies and countries alike are taking steps forward with various oil and gas plans, though some continue to tread carefully in uncertain market conditions.
Senegal’s Oil Minister Sophie Gladima revealed last week that investors in the Grand Tortue/Ahmeyim (GTA) project had pushed the start date for natural gas production back to 2023.
After a tough 2020, this year has started relatively positively for the LNG industry.