Clean Fuel
Cuadrilla Proposes Locations for Two New Exploration Sites in Fylde
Cuadrilla Resources has announced the proposed locations for two new exploration sites in the Fylde as part of its work to understand the full potential of Lancashire’s shale gas resources. The company intends to apply for planning permission to drill, hydraulically fracture and test the flow of gas
Eni CEO Meets President of Turkmenistan
Eni’s CEO, Paolo Scaroni, has today met with the President of Turkmenistan, Gurbanguly Berdimukhamedov, in Asgabat to discuss Eni’s projects and activities in the country with a particular focus on potential new offshore exploration activities in the Caspian Sea. During the meeting, they also discus
Gazprom, Ukraine Talk Gas Debt
Gazprom’s Alexey Miller met on Monday in Moscow with Yury Boiko, Acting Vice Prime Minister of Ukraine. “The parties addressed the issues of operation in the winter period and repayment of the existing gas debt by Naftogaz Ukrainy,” Gazprom said in a statement. Ukraine reportedly owes Russia about $
Sevan Marine Buys TORP LNG
Sevan Marine ASA said it has acquired the technology rights of TORP LNG AS and its affiliates. This acquisition gives Sevan Marine ownership of the proprietary HiLoad technology for offshore loading of LNG. The HiLoad technology was originally developed for offshore loading of crude oil and the tech
Dart Energy Completes Farm-Out with Total UK
Dart Energy said it has completed the Farm-out Agreement with Total E&P UK Limited in respect of UK Onshore Petroleum Exploration and Development Licences PEDL139 and PEDL140. Dart Energy now holds a 17.5% interest in both licences, and will receive US$1 million in cash consideration. Work has now c
Skangass Builds LNG Bunkering Station in Norway
Skangass will build a bunker station for LNG in Risavika, close to Stavanger in Norway. DSB (Norwegian Directorate for Civil Protection ) has approved the plans for a bunker station dedicated for Fjord Line’s cruise ferries. For the first time in Norway, ferries have the opportunity to bunker LNG wh
Konecranes to Supply Cranes to Russian Shipyard
Konecranes said it has recently received an order for the supply of 15 industrial cranes to the Zvezda Shipbuilding Complex in the town of Bolshoi Kamen in Russian Far East. The cranes, which are mainly CXT and SMARTON® cranes, will be delivered during 2014-2015. The Zvezda Shipbuilding Complex is o
Bergen Group Fosen Delivers LNG Ferry to Fjord Line
Fjord Line took delivery of the new MS Bergensfjord, the second of two eco-friendly cruise ferries built for the Norwegian shipping line by the Bergen Group Fosen shipyard in Rissa, Norway. “The completion of the ship went faster than expected, so we are looking into the possibility of putting it in
BG LNG Profit Up 3 Percent
BG Group of UK said its LNG Shipping & Marketing total operating profit in 2013 increased 3% to $2 643 million, primarily due to a favourable LNG cargo delivery mix with increased deliveries to high value Asian markets and lower hedging losses. BG delivered 178 LNG cargoes, 19 fewer than in 2012, in
BP Profit Slips
BP said its underlying replacement cost profit for the fourth quarter was $2.8 billion, compared with $3.9 billion for the fourth quarter of 2012. Full-year underlying replacement cost profit was $13.4 billion for 2013, compared with $17.1 billion for 2012. Compared with the same periods in 2012, bo
Top News of The Week Jan 27-Feb 1, 2014
Petrobras Starts Up Its Third LNG Import Terminal The Petrobras LNG Regasification Terminal in Bahia brings greater flexibility and assurances to natural gas supplies in Brazil, with regasification capacity now up to 41 million m³/day. Novatek: Russia to Be Major LNG Producer Russia could be produci
Picture of the Day: Inside a Tank by Hoegh LNG
Oslo-based Höegh LNG, a pioneer in LNG transportation, posted a picture from inside a tank on one of the company’s four LNG newbuildings. Höegh’s LNG carrier fleet currently consists of Arctic Princess, Arctic Lady, Matthew and LNG Libra. The company also operates two regasification vessels, GDF Sue
Pre-Qualification for LNG Purchase for Samsoe Ferry Launched
Samsø Kommune, the local authorities of the island of Samsø, Denmark, invited companies to be prequalified to participate in a tender for a “turn-key” LNG supply solution for ferry operation. The new ferry which will be operating between Samsø and Hou in Jutland will be the first Danish ferry to be
Shell Announces Directorate Change
Royal Dutch Shell announced its intention to propose to the 2014 Annual General Meeting that Euleen Goh and Patricia A. Woertz be elected Non-executive Directors of the company with effect from September 1, 2014 and June 1, 2014 respectively. Euleen Goh Euleen Goh is a chartered accountant with prof