Clean Fuel
Picture of the Day: Methane Nile Eagle
The Methane Nile Eagle forms part of BG’s core fleet of liquefied natural gas tankers. Built in 2007, the ship is powered by a steam turbine engine and has a capacity of 145,598 cubic metres. BG’s customers are supplied from the company’s global portfolio of LNG, with multiple production sources aro
Imabari Clinches LNG Tanker Order
Imabari Shipbuilding said it has won newbuilding contracts for two LNG carriers from Spanish shipping company Elcano. The order was secured in cooperation with Mitsubishi Corporation. These two LNG carriers will be built at the Saijo Shipyard and delivered in 2017 to Elcano. “Based on the Panama Can
BG CEO Steps Down
BG Group has accepted Chris Finlayson’s resignation as Chief Executive and as an Executive Director of the Board with immediate effect, for personal reasons, the company said in a statement. Until a permanent replacement is appointed, Andrew Gould, BG Group’s Non-Executive Chairman, will take over a
Five European Ports in LNG Bunkering JV
On Friday 25 April the port authorities of Antwerp, Mannheim, Rotterdam, Strasbourg and Switzerland signed a joint venture for the introduction of LNG. This involves cooperation in research, promotion, knowledge transfer, legislation and bunker infrastructure. The agreements follow on from the LNG M
Pieridae CEO on Trade Mission to Germany
Alfred Sorensen, President and CEO of Pieridae Energy, joined Stephen Harper, Prime Minister of Canada, and Edward Fast, Canada’s Minister of International Trade, as part of the Canadian delegation on a trade mission to Germany in March 2013. Sorensen met with Prime Minister Harper, Minister Fast, G
Top News of The Week April 21-27, 2014
Picture of the Day: LNG Module Arrives at Curtis Island The module program has been in full swing for the Curtis Island LNG projects for more than 20 months with well over half the modules now in their permanent positions across the sites, Bechtel said on Wednesday. South Korea: Two Workers Killed A
Cuadrilla Updates on Bowland Exploration Programme
Cuadrilla Resources said it is continuing to consult with residents on proposals for two shale gas exploration sites in the Fylde. The company has been carrying out an extensive programme of public consultation for the two sites at Roseacre Wood and Preston New Road, writing to over 9,000 households
Sevan Marine Sells Share in Kanfa to Technip
Sevan Marine has entered into an agreement with Technip Norge AS on April 3rd, regarding the sale of 49.0% of the shareholding in KANFA AS. The parties have not disclosed the purchase price. Upon completion of the transaction, Sevan Marine will own 51.0% of KANFA AS and Technip will own 49.0%. The p
Picture of the Day: Adriatic LNG Terminal
The Adriatic LNG terminal is the first ever offshore gravity based structure (GBS) for unloading, storing and regasifying liquefied natural gas. The facility is located offshore of Porto Levante, in the northern Adriatic Sea, about 15 kilometers off the Veneto coastline, where it is set on the sea f
EWG: Diversification of Gas Supplier Countries Not an Option for Europe
That Europe must free itself from dependence on Russian energy as quickly as possible is undisputed. However as a new analysis from the Energy Watch Group (EWG) shows, the diversification of natural gas supplier countries is not an option. Russia recently threatened to withhold natural gas supplies
GasLog Prices Public Offering
LNG shipping company GasLog said that it has priced an add-on offering of NOK 500 million (equivalent to approximately US$ 84 million) aggregate principal to the existing senior unsecured notes due 2018. All interest and principal payments have been swapped into USD at all in fixed interest rate of
Dynagas LNG to Buy Arctic Aurora
Dynagas LNG Partners entered into an agreement to purchase from Dynagas Holding 100% of the ownership interests in the entity that owns and operates the Arctic Aurora, a 2013 built ice class LNG carrier $235 million. The Arctic Aurora acquisition is subject to the Dynagas LNG Partnership obtaining t
First Q-Flex LNG Tanker Arrives at Sines Terminal, Portugal
REN has welcomed the first Q-Flex vessel to arrive in Portugal at its liquefied natural gas terminal in Sines. Q-Flex vessels are the latest generation gas tanker ships, able to carry up to 216,000 m3, about one and a half times as much as average LNG tankers. Sines LNG terminal is equipped to handl
Rosneft CEO Takes Part in Meeting on Far East Development
Rosneft President, Chairman of the Management Board Igor Sechin took part in a meeting of the Governmental Committee on socio-economic development of the Far East in Khabarovsk under the leadership of Prime Minister Dmitry Medvedev. The meeting discussed the implementation of investment projects in