Delay came as Shell reported its lowest annual income in more than a decade and said it would cut costs to cope with weak oil prices if needed, Reuters said.
ENN Group signed a preliminary deal last month to buy 500,000 more tonnes of LNG a year over 10 years from Chevron’s giant Gorgon project in Australia, Reuters said.
The Caribbean would be in the intended market for about 1 million tonnes per annum of LNG exported yearly to several countries from the proposed export facility in Jacksonville, Fla.
As many as 83% of shareholders voted in favour and 17% against the deal, one of the largest in the energy sector in the past decade.
The climate analyses are part of proposed measures that Ottawa will impose on Kinder Morgan's Trans Mountain expansion and TransCanada's Energy East, both currently before the National Energy Board.
A non-binding heads of terms agreement was signed under which Schlumberger would receive 40% interest in Ophir’s FLNG Fortuna project in Equatorial Guinea, Reuters said.
"We have worked closely with the Coastal GasLink team to ensure our culture, the environment, safety and economic benefits are considered," said Chief Roland Willson, West Moberly First Nations.
Despite a disconnect between the company’s performance and shareholder perception, Kinder Morgan shows strong performance but plans to cut dividends, focus on the highest-return projects and reduce spending by nearly $1 billion.
The industry needs flexibility to avoid boom-and-bust future, according to market players.
Chevron Corp. (NYSE: CVX) said its Australian subsidiaries have signed a non-binding Heads of Agreement (HoA) with ENN LNG Trading Company Ltd (ENN) for the delivery of liquefied natural gas (LNG) to China from the Chevron-operated Gorgon natural gas project in Australia.
Perth-based Wood Group Kenny will provide specialist consultancy services for flexible riser integrity management prior to and during operation of Prelude FLNG, which will be located 475 km north-northeast of Broome in Western Australia, a news release said.
Natural gas supplies from the $54 billion project will come to market just as a raft of other Australian projects come on line and the U.S. is due to export its first cargo from abundant shale gas supplies.