By Stephen Stapczynski and Akshat Rathi (Bloomberg) –Liquefied natural gas shipments tagged “carbon neutral” are gaining popularity among Asian buyers, despite criticism that the offsets used to justify the label don’t actually...

SINGAPORE, Nov 1 (Reuters) – Malaysia’s state energy firm Petronas said on Thursday it has supplied its first liquefied natural gas (LNG) cargo to a marine-fuel vessel ahead of a...

By Natalie Obiko Pearson (Bloomberg) — Malaysia’s Petroliam Nasional Bhd abandoned its long-stalled plans to build a $27 billion liquefied natural gas export terminal on Canada’s west coast, citing changes...

By Natalie Obiko Pearson and Josh Wingrove (Bloomberg) — Malaysia’s Petroliam Nasional Bhd. is seeking to move ahead with a proposed $27 billion liquefied natural gas project in western Canada after...

By Dan Murtaugh and James Paton (Bloomberg) — It’s longer than three soccer fields, heavier than two aircraft carriers and powerful enough to chill gas into liquid colder than the...

Daewoo Shipbuilding & Marine Engineering Co has completed construction of the world’s first floating liquified natural gas facility at the DSME shipyard in Okpo, South Korea. The facility is being...

By Rebecca Penty and Allison McNeely (Bloomberg) — Petroliam Nasional Bhd.’s C$36 billion ($29.4 billion) Canadian natural gas export project was treading water after the global market for the fuel...

Malaysian shipping company MISC Berhad announced today they have acquired the newbuilding contracts of five LNG carriers under construction at Hyundai Heavy Industries in a $1.1 billion deal. The orders...

ABB, the Swiss power and automation group announced today it will be playing an important role in the development of Petronas’ second floating LNG facility PFLNG2 by supplying the high...

McDermott International’s DB30 derrick barge, with its 2,794 metric ton-rated crane, will be put to work this year supporting Petronas’ Bukit Tua Development offshore East Java, Indonesia. “This is the...

Malaysia’s Petroliam Nasional Bhd (Petronas) has placed a newbuild order recently for a pair of ABS-classed ‘Moss-type’ LNG carriers from Hyundai Heavy Industries. According to ABS, these two ships will...

The American Bureau of Shipping (ABS) announced this week they have been awarded the classification contract for Petronas’ second new FLNG facility (PFLNG 2) which will be built at Samsung...

Petronas has announced today their decision to go forward with the building of their second floating liquefied natural gas (FLNG) facility. Once built, “PFLNG 2” will be subsequently moored at...

KUALA LUMPUR, Aug 1 (Reuters) – Malaysia’s Petronas will directly procure newbuild liquefied natural gas (LNG) ships to bring down costs, the state oil firm said on Thursday. Last month,...

Maersk Drilling has announced that its jack-up rig the Maersk Convincer has had its contract extended by Petronas for an additional one year period at an estimated value of USD...

At South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME), first steel was cut yesterday for the hull of Petronas’ first Floating Liquefied Natural Gas (FLNG) facility. Upon start-up at the...

(Bloomberg) — MISC Bhd., the world’s second- largest shipper of liquefied natural gas, tumbled the most in 14 years in Kuala Lumpur stock trading after Petroliam Nasional Bhd. withdrew its...

(Bloomberg) — Petroliam Nasional Bhd., Malaysia’s state oil and gas company, raised its buyout offer for shipping group MISC Bhd. by 3.8 percent to $3 billion after minority shareholders complained...

(Bloomberg) — MISC Bhd., the world’s second-largest liquefied natural gas shipper, surged the most in more than 14 years in Kuala Lumpur stock trading after receiving a takeover offer from...

(Bloomberg) — Petroliam Nasional Bhd., Malaysia’s state-owned energy company, offered to buy out shipping unit MISC Bhd. in a deal worth 8.7 billion ringgit ($2.8 billion). Kuala Lumpur-based Petronas, as...