Transport strike will force the suspension of natural gas supply in northern Peru

Statement from Peruvian Hydrocarbons Society This is an automated translation of the original press release issued in Spanish As a result of the national strike by transporters, the distribution of...

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ISRAEL’S NEWMED ENERGY LEANING TOWARDS FLOATING LNG EXPANSION

Jerusalem, Nov 24 (Reuters) - Israel's NewMed Energy said on Thursday it was leaning towards building a floating liquefied natural gas (FLNG) terminal to further develop its Leviathan gas field...

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SHI wins $1.1bn order for Seapeak LNG newbuilds

The new carriers will operate under a fixed-rate time-charter contract for an undisclosed international energy major. Samsung Heavy Industries (SHI) has received a contract worth around $1.1bn from Seapeak for the construction of...

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Banks, insurers to hold 50% in IOC-CPCL JV unit

Three life insurers and two banks are set to pick up 50% stake in the proposed joint venture by Indian Oil (IOC) and Chennai Petroleum (CPCL). The new entity will...

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