MISC sells LNG carrier duo for scrap

Malaysia’s LNG shipping player MISC, a unit of Petronas, has sold two steam liquefied natural gas carriers for scrap, according to brokers.

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TotalEnergies, TES launch FEED for US e-methane project

TotalEnergies, TES, and Japanese firms Osaka Gas, Toho Gas, and Itochu have launched front-end engineering design (FEED) activities for the planned Live Oak large-scale facility to produce electric natural gas (e-NG), also known as e-methane, in Nebraska, United States.

Seapeak to sell three steam LNG carriers

Stonepeak’s Seapeak has initiated the process of selling three steam turbine RasGas II JV liquefied natural gas (LNG) carriers following the expiration of their existing Qatari charter contracts between late 2026 and early 2027.

Atlantic spot LNG rates drop to $11,750 per day

Atlantic spot LNG shipping rates continued their downward trend this week, dropping to $11,750 per day, according to Spark Commodities.

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Malaysia’s Petronas boosts LNG sales in H1

Malaysian energy giant Petronas reported a rise in its liquefied natural gas (LNG) sales and net profit for the first half of this year compared to the same period last year.

MISC reports lower LNG earnings in Q2

Malaysia’s LNG shipping player MISC, a unit of Petronas, said its LNG business logged a drop in operating profit and revenue in the second quarter of this year. MISC also expects spot LNG carrier rates to remain volatile in the near term because of uncertainties around the Strait of Hormuz situation.

Shell, partners take FID on new project to deliver more gas to Egypt

Egypt, which has turned to LNG imports over the last two years to cover domestic natural gas shortages, will receive more much-needed gas supplies after UK-based LNG giant Shell and its partners took a final investment decision on the Phase 12a development project in the West Delta Deep Marine (WDDM) concession.

Santos: GLNG to buy Meridian CSG project

Australian LNG player Santos and its GLNG joint venture partners have entered into binding agreements to purchase 100 percent of the Greater Meridian CSG project in Queensland for approximately $310 million.