2016 in review: Editors’ picks

2016 in review: Editors' picks
Image courtesy of Teekay

Shell’s CEO takes a pay cut

Royal Dutch Shell CEO’s total direct remuneration for 2015 took a hit together with the company’s profit, according to Shell’s annual report issued on Thursday.

Anadarko says “strongly committed” to Mozambique LNG project

Woodlands-based Anadarko said Wednesday the company is “strongly committed” to its multi-billion Mozambique LNG project despite the debt crisis in the African country and the oil price downturn.

Eni approves Coral FLNG investment plan

Eni of Italy has approved the investment plan for the first phase of the development of the Coral gas discovery in the Rovuma Basin, offshore Mozambique.

Angola LNG re-starts production

The Chevron-led $10 billion Angola LNG project has started producing chilled gas with first cargoes to be available soon on a tender, the project’s spokeswoman told LNG World News on Tuesday.

Update: Teekay’s LNG tanker attacked off Yemen

Teekay’s LNG carrier, the 2004-built Galicia Spirit with the capacity to transport up to 137,814 cubic meters, has come under attack off the coast of Yemen.

 

LNG World News Staff

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