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MagneGas closes sale of $1.9 MM gasification unit

TAMPA, Florida — MagneGas Corporation, a clean technology company in the renewable resources and environmental solutions industries, announced the closing of a $1.9 MM gasification unit sale to introduce and produce MagneGas2 to European Markets. This sale completes the process as previously disclosed in a letter of intent announced on Sept. 26. "As part of our recent meetings in Europe, we met...

Argentina's Enarsa seeks 7 LNG cargoes via tender

, a trader said. The tender closes on March 26 and successful suppliers are to be notified by March 28...

Total will be disappointed if it misses out on Qatar LNG expansion

PARIS, Oct 26 (Reuters) - French oil and gas major Total will be disappointed if it misses out on Qatar's planned liquefied natural gas (LNG) expansion, the company's Chief Financial Officer said on Friday. "We are very interested in Qatar LNG with the decision made by the Qataris to increase their capacity with four trains of roughly 30 million tonnes," Patrick de La Chevardiere told analysts...

Japan's Inpex ships first LPG cargo from Ichthys project in Australia

TOKYO,  (Reuters) - Japan’s Inpex Corp said it had sent the first liquefied petroleum gas (LPG) shipment from its giant Ichthys project in Australia. The LPG vessel Hellas Gladiator departed the onshore liquefaction plant at the Ichthys LNG Terminal in Darwin, the company said in a statement late on Friday. Ship tracking data showed the vessel was due to arrive at Yantai in China around Nov. 26...

Indian LNG customers choosing spot buys over long-term deals

," Singh said. The executive said Petronet was looking at buying a 26% stake in Bharat Petroleum...

Woodside Petroleum half-year profit falls 28%

Australia’s Woodside Petroleum reported a 28% slump in first-half adjusted net profit as coronavirus-related disruptions hammered fuel demand and hit LNG prices. The country’s top independent gas producer reported underlying net profit after tax of $303 million for the six months ended June 30, down from $419 million a year earlier. Woodside announced an interim dividend of 26 cents per share...

Brazil's Ambar Energia to acquire Copel's majority stake in gas-fired power plant

exercise its right to join in on the deal until Feb. 26, Ambar said in a statement. After the deal...

EIA: Natural gas electricity generation in Pennsylvania (U.S.) doubles in 10 yr

Electricity generation using natural gas has more than doubled in Pennsylvania since 2013, driven by a shift toward clean energy, the U.S. Energy Information Administration (EIA) said on Wednesday. Last October, more than 57% of the state's electricity was generated through natural gas, compared with 26% in October 2013, according to the government agency. Natural gas-fired generation hit...

GDF Suez’s GTT to sell shares to fund growth in LNG shipping

to finance an expected increase in orders, the company known as GTT said in a website statement... was formed in 1994 through the merger of Gaztransport and SN Technigaz, its website shows. Total... document on its website. Net income was 39.6 million euros for the whole of last year on sales...

Indian Oil buys commissioning cargo of LNG for new Ennore terminal

and ICICI Bank, according to IndianOil LNG’s website. The Ennore terminal, which will be India’s... to power generation plants, fertiliser plants and other industrial units, according to the website..., commerce and for use in households, the website states. Gas from the terminal is expected...

Venture Global delays Louisiana Plaquemines LNG export FID to 2021

by the end of this year. But all were delayed until 2021 or later. On its website, Venture Global... no comment on when it updated the Plaquemines website. In September, the website said the company...

Shell, Aramco in final stage of Pavilion Energy talks

of the city state's power and industrial gas demand with LNG and piped natural gas, according to its website... for the year to March 2023, reversing a year earlier loss of $666 million, Temasek's website showed, while..., the website showed....

Yemen LNG halts production, exports as fighting worsens security

of 6.7 million tpy, according to the company’s website. The project has three long-term sales contracts... in the project, with a stake of almost 40%, according to the website. Others include Hunt Oil Co. and SK Innovation Co., the website shows. Yemen’s LNG output forms about 2.2% of the world’s total LNG... months, New York-based Energy Intelligence said April 8 on the website of its World Gas Intelligence...

Canada approves Quicksilver’s Discovery LNG for British Columbia exports

to bringing Discovery LNG to reality," the company said in a statement. The Discovery LNG website has more...

China's Sinopec plans shale gas research base

BEIJING (Reuters) -- China's Sinopec Corp has started building a base for research into shale gas near its largest commercial discovery of the fuel, an industry website reported on Wednesday. The company, looking to cement its position as China's leading shale gas developer, plans to spend $49 million building the facility near its Fuling shale project near Chongqing, according to a report...