Chevron Corporation (NYSE: CVX) today reported earnings of $5.4 billion ($2.77 per share – diluted) for the second quarter 2013, compared with $7.2 billion ($3.66 per share – diluted) in the 2012 second quarter.
The Peninsula reported that despite a growth in the MENA region's oil exporting countries, the hydrocarbon production of these nations is likely to level off in 2013, putting a cap on the regional growth.
Angola LNG Marketing expects to export 5.2 million tons of liquid natural gas (LNG) per year through 70 shipments, the company said in a statement issued Wednesday in Soyo, Angola.
LNG vessel Hull Number 2556 was delivered by Hyundai Heavy Industries (HHI) and named 'Yenisei River' at a ceremony at the HHI shipyard in Ulsan, South Korea, Gazprom Marketing and Trading reported in a news release.
Lithuania plans to build a liquefied natural gas (LNG) terminal at the port of Klaipeda, the Foundry reports.
BASF reports that over one-fourth of the global production of natural gas in 2011 – or nearly 331 billion cubic meters – was liquefied and shipped throughout the world in ocean-going tankers.
AFP reports that a Nigerian agency that has blockaded liquefied natural gas exports for three weeks, costing $475 million in revenue, agreed Friday to end its action after resolving a fees dispute, the company said.
Iran’s ambition to exploit the world’s biggest natural gas reserves, stymied for years by U.S. sanctions, faces an even sterner test as rising global output and the North American shale boom threaten to erode prices, Bloomberg reports.
Russia increased LNG exports 38.5% year-on-year in the first half of 2013, to 5 million mt, according to data released Tuesday by the Far East branch of Russia's customs service, Platt's reports.
OAO Yamal LNG has completed the tender for the construction of ARC7 ice-class tankers for the shipment of liquefied natural gas (LNG), the company reported in a news release.