
Gas prices down on higher LNG supply
British wholesale gas prices fell on 1 August due to higher Norwegian and LNG supply and lower exports.
Stay up to date with the latest news and updates from the LNG industry.

British wholesale gas prices fell on 1 August due to higher Norwegian and LNG supply and lower exports.

Magnolia LNG has executed a Servitude Agreement with Turners Bay.

Chevron Corp. has released its results for 2Q17, reporting a net income of $1.5 billion ($0.77 per share – diluted).

SEA\LNG has released a statement welcoming three new members into the coalition: Mitsui & Co. Ltd; Novatek Gas & Power; and Sumitomo Corp.

The technology group Wärtsilä is to supply the engines for a new LNG fuelled research vessel being built for the German government.

Royal Dutch Shell Plc has announced that it has not written off its Canadian LNG project in Kitimat.

Cameroon plans to begin exporting LNG later this year using a newly designed offshore plant.

Asian spot LNG prices extended gains with demand coming from India and Japan.

Philly Shipyard Inc. has announced that it has delivered the American Liberty product tanker.

Linde Engineering North America’s Port of Catoosa fabrication facility has successfully operated four years without a recordable safety incident or injury.

Baker Hughes has announced the premerger Baker Hughes Incorporated financial results for the second quarter of 2017.

Origin Energy Ltd has released a statement confirming that Australia Pacific LNG has concluded the 90-day operational phase of the two-train project finance lenders’ test.