Francis van Steenberge traded in options after Nicolas Zanena provided tips about forthcoming company announcements, the SEC alleged. Connecticut federal court said van Steenberge agreed to settle case, Reuters reported.
Reuters said seven companies will begin delivering the fuel in early November. Egypt is a new major market for LNG imports due to falling output and rising demand.
The project would see Petronas build an export terminal near the British Columbia port city of Prince Rupert, a natural gas pipeline and ongoing gas development.
The Al-Oraiq did not leak any petrochemicals, but took on water. It was towed to Zeebrugge, Reuters reported. It was headed for Marshall Islands but collided with Spain-bound freighter Flinterstar.
Morocco’s LNG imports plan is worth US$4.6 billion. By 2025, 7 billion cubic meters of gas could be imported, Reuters said. Jetty, terminal, pipelines and gas-fired power plants are planned.
Total sees more opportunities in Iran on the LNG side than in conventional oil developments, analysts say.
Declining gas demand and poor economics for plans to build regional LNG import terminal and gas link to Estonia led Finland’s Gasum gas utility to cancel the plans, Reuters said.
Oil Search rejected proposed all-share offer from Australia's biggest oil and gas producer in September, saying offer undervalued LNG stake and gas exploration assets in Papua New Guinea, Reuters said.
Facing extensive new LNG imports, Sinopec discusses selling part of the 7.6 million tonnes per year contracted from 2016 to 2036 at Australia Pacific LNG project, industry source told Reuters.
Don Althoff, president and CEO, said Veresen worked with federal, state and local regulatory agencies for three years, and that pipeline and terminal designs met all required environmental standards.
Dredging work is scheduled to begin in the fourth quarter of 2015 on Corpus Christi Liquefaction’s LNG export terminal at a site on Corpus Christi Bay in Texas.
Solar, smaller-scale LNG plants are among trends that will shape the North American energy landscape, top executive says.