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Chile's GNL Quintero consortium, led by UK's BG, is seeking bids for up to $1.16 billion in financing for construction of a planned liquefied natural gas (LNG) plant in the [...]

The GNL Quintero consortium, led by the UK's BG, will ask banks to submit bids next month for $800 million in financing for the planned construction of a liquefied natural [...]

Venezuelan President Hugo Chavez has said his country is willing to help build a liquefied natural gas (LNG) plant in Argentina that would use LNG supplies from his country. If [...]

Mexico's state-owned electric utility plans to start accepting bids in February for the management of a liquefied natural gas (LNG) receiving terminal in the Pacific port of Manzanillo. The Federal [...]

El Paso is considering several opportunities to expand its presence in the liquefied natural gas (LNG) sector through investments in several proposed LNG projects, a senior El Paso executive said [...]

Calgary-based Galveston LNG said Friday it has raised US$42 million (C$50 million) in its bid to build a US$420 million liquefied natural gas (LNG) terminal in northwestern British Columbia. The [...]

The arrival in Lima of natural gas from the long-awaited Camisea project has generated enthusiastic headlines in Peru, but the economics of the $1.6 billion project hinge on liquids. While [...]

WASHINGTON -- Bucking a tide of negative receptions in New England, the governor of Rhode Island said that he supports building new liquefied natural gas (LNG) receiving terminals to alleviate [...]

WASHINGTON -- Language helping to guarantee financing for an Alaskan liquefied natural gas (LNG) terminal that slipped into the spending legislation that Congress will consider next week may seem like [...]

NEW YORK -- Jamaica plans to seek over $160 million in private financing from the US for a $250 million regasification plant for liquefied natural gas (LNG) from either Trinidad [...]

LONDON -- The UK's BG Group -- a leading importer of liquefied natural gas to the US -- on Monday reported strong growth in second-quarter earnings, with Chief Executive Frank [...]

Houston-based exploration and liquefied natural gas (LNG) company Cheniere Energy on Monday reported that the company swung to a first-quarter profit largely due to gains recorded on the sale of [...]

Nigeria's liquefied natural gas company, Nigeria LNG, said Thursday it raised a $460 million loan facility for its subsidiary Bonny Gas Transport (BGT) to expand its fleet of vessels. A [...]

A further confirmation of liquefied natural gas' (LNG) rising star came from credit rating agency Standard & Poor's (S&P) last week, which gave its official blessings to the many LNG [...]

Venezuela Seeks Qatar Financing Venezuela is seeking financing from fellow Opec member Qatar for its portion of a $2.7 billion liquefied natural gas (LNG) export project, Energy Minister Rafael Ramirez [...]

Woodside Sunrise Costs Rise Australian oil and gas company Woodside Petroleum said Monday the development and abandonment costs of its Sunrise gas field in the Timor Sea has increased by [...]

Pressure Grows on Bolivia to Decide on LNG Export Project With only a few weeks in his new job, Bolivia's recently elected president, Gonzalo Sanchez de Lozada, is already getting [...]

Chevron's Angolan LNG Project Moves Ahead ChevronTexaco's ambitious plans for a liquefied natural gas (LNG) project in Angola moved forward last week when Exxon Mobil, BP, Total Fina Elf, and [...]

CNOOC Draws LNG Shortlist China National Offshore Oil Corp. (CNOOC) said Monday it had drawn up a shortlist of three potential gas suppliers for China's first liquefied natural gas (LNG) [...]

LNG Terminals Need Cash -- Not Just Press Releases -- to Meet US Demand, CMS Says An expected long-term tightness in the US natural gas business has spawned over a [...]

Earnings, Dividends Earnings Announcements... For Year Ended 9/29/2001 Current Prior Company Ticker Exch Qtr Income $EPS Income $EPS Suburban Propane Partners L.P. SPH NYSE Y $52,462,000 $2.14 $37,761,000 $1.70 For [...]

CSX Bails on Yukon Pacific LNG Project CSX has pulled the plug on Alaskan subsidiary Yukon Pacific Corp.'s (YPC) efforts to develop a liquefied natural gas (LNG) project to commercialize [...]

Shell Advances Giant LNG Plant Royal Dutch/Shell is pushing ahead with yet another liquefied natural gas (LNG) project, this time off the Russian Far East coast -- but is still [...]

Woodside LNG Project to Expand North West Shelf partners approved a A$1.6 billion (US$784 million) fourth-train expansion of the liquefied natural gas (LNG) project, Australia's largest resources venture, operator Woodside [...]

Plans Mitchell Energy & Development Corp. increased its 1999 capital budget by 23% to accelerate its drilling program following a strong improvement in second-quarter earnings, company officials said Thursday. The [...]

Riding on the coattails of improving crude oil prices, the hard-hit natural gas liquids (NGLs) business appears headed for better times after a year and a half of abysmal margins [...]

The four partners participating in the Cristobal Colon liquefied natural gas (LNG) project off the Sucre state of Venezuela have cut back costs for the project. Lower-than-anticipated natural gas prices prompted the Sucre Gas SA joint venture to look for ways to make the LNG project profitable. Partners in the project include Lagoven, Exxon Corp, Mitsubishi Corp and Royal Dutch Shell Group. The joint venture is the first open to international participation since Venezuela nationalized its energy industry in 1976., CARACAS, Venezuela -- With lower-than-expected natural gas prices spelling potential doom for Venezuela's Cristobal Colon liquefied natural gas (LNG) project, the four partners involved are scaling back original plans for [...]

The recent coup in Qatar that saw Crown Prince Hamad take over the throne from his father, Sheikh Khalifa Bin Hamad al-Thani, may have adverse effects on the four US oil companies doing business in Qatar: Enron Corp, Mobil Corp, Occidental Petroleum Corp and Pennzoil Co. The Sheikh was deposed while on an trip to Germany, and he was accompanied by Qatar Petroleum Corp (QGPC) Gen Mgr Jaber al-Marri. QGPC is facing cash flow problems due to a liquefied natural gas project, and the recent developments may lead to increased financial demands on its US and foreign partners., LONDON -- Four U.S. oil and gas companies -- Occidental Petroleum Corp., Pennzoil Co., Mobil Corp. and Enron Corp. -- could all feel the fallout from Tuesday's palace coup in [...]

Low oil prices and decreased natural gas liquids (NGL) production hampered NGL industry revenues. Apr 1994 production of NGL reached 1.73 million b/d, a decrease of about 164,00 b/d from 1.9 million b/d reported in Apr 1993. Ethan, an NGL feedstock is being left in gas streams by gas processing plants because of low oil prices. Trident NGL Holdings Inc reported a net lost $2.3 million 1st qtr 1994, and Mitchell Energy and Development Corp also reported an operating earnings drop., WASHINGTON -- Production and revenues from natural gas liquids (NGLs) suffered a long, cold winter this year, falling sharply as a result of low oil prices. U.S. production of NGLs [...]

Low liquefied natural gas prices caused by low petroleum prices have prompted Mitchell Energy and Development Corp to reduce its fiscal 1995 budget by 21% from $290.7 million in FY 1994 to $230.8 million for FY 1995. Its exploration and production spending will be reduced from $129.7 million to $173.1 million. Ethane and propane are the gas liquids most seriously affected. Mitchell's natural gas production is less price sensitive, because it is connected to long-term deals., HOUSTON -- Stung by low oil prices that hurt its natural gas liquids business, Mitchell Energy & Development Corp. last week slashed its budget for fiscal 1995 by almost $60 [...]

Shell U.K. Ltd. plans to invest 10 million pounds (US$16.4 million) to sell liquefied petroleum gas (LPG) through new pumps at 200 existing gasoline stations throughout the United Kingdom by [...]

Energy services giant NGC Corp. suffered from the effects of lower natural gas liquids (NGLs) prices and warmer-than-normal weather in the first quarter, but still reported better results than in [...]

Acquisition-related costs, tight trading margins and investments in its communications business combined to push earnings down at Williams Cos. Inc. in the first quarter. Williams said Tuesday that net income [...]

Atlantic LNG Co. of Trinidad and Tobago has been awarded a $600 million credit facility from three international banks to finance the construction of a liquefied natural gas (LNG) plant. [...]

Phillips Petroleum Co. announced Wednesday that it will report $80 million of additional net income in the second quarter due to resolution of all outstanding issues with the Internal Revenue [...]

Growth in natural gas marketing and liquids sales and higher commodity prices gave KN Energy Inc. double-digit improvement in first-quarter earnings, but warmer-than-normal weather and related problems took their toll [...]

HOUSTON -- NGC Corp. earned $113.3 million (83 cents/share) on revenues of $7.26 billion, compared with income of $92.7 million (82 cents/share) on revenues of $3.67 billion in 1995. Per-share [...]

WASHINGTON -- While many refiners and marketers were hurting in the third quarter from sagging refining margins, Mapco Inc. and Giant Industries Inc. beat the industry trend, logging improved profits. [...]

The World Bank's decision to pull out of a $4 billion liquefied natural gas (LNG) project in Nigeria was a financial --rather than a political -- decision, World Bank President [...]

BARTLESVILLE, Okla. -- Phillips Petroleum Co. will report about $565 million of additional net income in the first quarter of 1996 due to the favorable resolution of a tax case [...]

WILMINGTON, Del. -- Columbia Gas System Inc. may file its bankruptcy reorganization plan as early as February, a company legal source says. A bankruptcy court hearing Wednesday included claims settlements [...]

HOUSTON -- Panhandle Eastern Corp. will report third-quarter earnings higher than the year-ago quarter's 13*/share, even when including a 4*-5* charge for the new federal tax law, Chairman and Chief [...]

WILMINGTON, Del. -- Columbia Gas System Inc. took a $37.9 million after-tax writedown on its Cove Point, Md., liquefied natural gas (LNG) terminal, resulting in a second-quarter loss of $2.6 [...]

Woodside LNG Hike Raises Bottom Line PERTH -- North West Shelf natural gas project operator Woodside Petroleum Ltd. said an increase in liquefied natural gas cargos to Japan helped more [...]