Adnoc’s XRG wraps up Rio Grande LNG stake purchase

Adnoc’s investment unit XRG said it had completed the acquisition of an 11.7 percent stake in the first phase of NextDecade’s Rio Grande LNG project in Texas.

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K Line, Petronas name LNG carrier duo in China

Chinese shipbuilder Hudong-Zhonghua has hosted a naming ceremony for two 174,000-cbm liquefied natural gas (LNG) carriers it built for Japan’s K Line and Malaysia’s Petronas.

Japan’s MOL merges six ship management companies into one entity

Japanese shipping giant MOL, owner of a large LNG carrier fleet, has merged six of its ship management companies...

Atlantic spot LNG rates rise for first time in seven weeks

Atlantic spot LNG shipping rates rose for the first time in seven weeks, rising $3,750 week-on-week to $15,500 per day, according to Spark Commodities.

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Adnoc L&S orders more LNG carriers in China

UAE’s Adnoc L&S, a unit of state-owned energy giant Adnoc, has ordered two additional liquefied natural gas (LNG) carriers from China’s Jiangnan.

BP, XRG secure license for Venezuela offshore gas field

UK-based energy giant BP, Adnoc's international investment unit XRG, and a unit of Qatar's UCC have secured a license to explore and develop the second phase of Venezuela's offshore Loran gas field.

YPF, partners seek RIGI investment scheme for $51 billion Argentina LNG project

Argentina LNG, a joint venture of Argentina’s state-owned oil and gas company YPF and its partners Eni and XRG, has submitted its application to join Argentina’s large investment incentive regime (RIGI), supporting the development of the large-scale LNG export project with a total investment of $51 billion.

YPF, partners target Argentina LNG FID by year-end

Argentina’s state-owned oil and gas company YPF and its partners Eni and XRG are still targeting a final investment decision on the 12 mtpa Argentina LNG project by the end of this year, according to YPF CEO Horacio Marin.