Sierra Club submitted comments to the Office of the U.S. Trade Representative concerning the Transatlantic Trade and Investment Partnership (TTIP). The TTIP is an expansive trade deal proposed between the U.S. and the European Union, and the Sierra Club is concerned about its potential effects on cl
Since acquiring Sobrena, Damen Shiprepair Brest has serviced 50 vessels from leading shipowners and managers. The yard’s work portfolio includes a large number of Afra/Suezmax tankers and LNG carriers. The latest project concerns the Höegh LNG owned and MOL LNG Transport managed 123,800M3 LNG LIBRA,
PIRA Energy Group reported that the past six weeks have brought forth a slew of new LNG import terminals around the globe. In the U.S., the EIA’s gas production estimate for February came in unexpectedly strong. In Spain, the new posting of June pipeline imports from Algeria shows a significant down
Portugal’s Port of Sines is scheduled to receive a shipment of LNG from Nigeria on May 17, according to port data. The cargo is being hauled by the 141,000 cbm LNG Adamawa, and it is sailing from Nigeria’s Bonny terminal. The Sines terminal is held by REN Atlântico and has a nominal send out capacit
OJSC Rosneft and OJSC KAMAZ signed an agreement on scientific and technological cooperation to expand use of natural gas as motor fuel. The largest oil and gas company and a leading Russian truck manufacturer intend to conduct joint research and development in order to build wheeled vehicles with ga
GasLog Ltd., an international owner, operator and manager of liquefied natural gas (LNG) carriers, announced the election of eight directors at the Company’s annual general meeting of shareholders held in Monaco on Tuesday. The elected directors are Peter G. Livanos, Philip Radziwill, Bruce L. Blyth
On Tuesday in Moscow Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee and Nguyen Vu Truong Son, Vice President of Petrovietnam State Oil and Gas Corporation signed in the presence of Dmitry Medvedev, Prime Minister of the Russian Federation and Nguyen Tan Dung, Prime Minister of
Fluxys Belgium said that in the first three months of this year eight LNG carriers unloaded at the Zeebrugge LNG terminal and five used the terminal to load LNG. In the same period in 2012, 15 carriers unloaded and five carriers loaded at the terminal. Take-up of truck-loading services continues to
Vard Holdings Limited entered into a contract with Simon Møkster Rederi for the design and construction of the Platform Supply Vessel (PSV). The vessel, of VARD’s own PSV 06 LNG design, is scheduled for delivery in 1Q 2015 from Vard Aukra in Norway. The hull will be delivered from VARD in Romania. T
Novatek of Russia, operator of the Yamal LNG project, reported that the company’s total revenues grew by 48.9% to RR 80.6 billion in the first quarter of 2013, compared to RR 54.1 billion in the corresponding period of 2012. The growth was due to an increase in hydrocarbon sales volumes and higher a
BG Group Chief Executive, Chris Finlayson will on Tuesday deliver a strategy update outlining the next stage of the company’s growth. The Group’s immediate priority is execution, primarily the delivery of its 2013 milestones and the growth projects in Australia and Brazil. As detailed in the company
Statoil and Total have reached agreement on asset swap in the Barents Sea. Statoil acquires 10% equity in PL535 in exchange for 10% equity in PL395. Production licenses PL395 and PL535 are situated on the Bjarmeland Platform in the central Barents Sea, where both companies have proved gas resources:
Against a backdrop of sustained cold weather and periods of higher commodity prices, Centrica has performed well in the year to date. This strong performance enables the business to continue to invest in customer service and price competitiveness and full year earnings growth is expected to be in li
The Al Safliya LNG carrier, with a capacity of 210,000 cubic metres, is due to arrive in the UK’s South Hook terminal on May 19, port data reveals. This is the third tanker expected to deliver an LNG shipment from Qatar at the terminal this week. Qatar Petroleum owns 67.5 per cent of South […
