
Santos posts significant loss
Santos has reported a net loss of AUS$2.7 billion in 2015, as a result of after tax impairments and the lower oil price.
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Santos has reported a net loss of AUS$2.7 billion in 2015, as a result of after tax impairments and the lower oil price.

Becker Marine Systems has announced that it has received a federal grant for its LNG PowerPac, which supplies power to moored containerships.

Corpus Christi Liquefaction and Cheniere Energy will apply for approval from the US Federal Energy Regulatory Commission to commence construction on the Stage 3 expansion project.

The ACCC has proposed to conditionally authorise Queensland LNG producers to coordinate their maintenance schedules.

GTT has announced that its 2015 revenues and net margin were in line with its targets.

Teekay GP LLC has announced that the partnership generated distributable cash flow of US$61.5 million in 4Q15, compared to US$69 million in the same period in the previous year.

ConocoPhillips has announced a number of executive leadership changes, as Jeff Sheets prepares to step down as Executive Vice President, Finance and Chief Financial Officer.

Origin Energy has reported a 1H16 loss of $254 million compared to $25 million in 1H15.

Woodside Energy has entered into an agreement to acquire a 65% participating interest in a Production Sharing Contract and associated joint operating agreement in the AGC Profond block.

FMC Technologies has reported a 34% decline in 4Q15 compared to the corresponding period of last year.

Bill Walker – the Governor of Alaska – and partners of the Alaska LNG project – BP, ExxonMobil and ConocoPhillips – have announced that they will explore ways to advance the project amidst the current fiscal environment.

King & Spalding’s London office will advise GNPC on its Tema LNG project in Ghana.