Viktor Zubkov, Chairman of the Gazprom Board of Directors held a number of working meetings to address the NGV fuel market evolution in Russia. The meeting was comprised of top managers from Russian and foreign companies specializing in motor vehicle equipment, CNG filling stations components, road
On 24 January the European Commission published its Clean Fuel Strategy. The aim of this strategy is to address the remaining barriers preventing the real breakthrough of alternative fuels. As part of this strategy, the Commission obliges all TEN-T core inland ports to have a publicly accessible LNG
EXMAR NV said that together with TEEKAY LNG PARTNERS they have successfully closed their 50/50 LPG joint-venture. The EXMAR LPG BVBA joint-venture controls 15 owned Midsize Gas Carriers (MGC), out of which 4 are currently under construction at Hyundai Mipo, and one owned Very Large Gas Carrier (VLGC
Eni, the international oil and gas company, announced its group results for the fourth quarter and the full year 2012 (unaudited). Financial highlights Continuing operations: Adjusted operating profit: €19.75 billion (up 14.6%) for the full year; €4.96 billion (up 17%) for the quarter; Adjusted oper
LNG player BG Group of UK said that Fabio Barbosa has been appointed Chairman BG South America, reporting to Chief Executive Chris Finlayson, and has stepped down as Chief Financial Officer (CFO) and Executive Director for personal reasons. Fabio has also stepped down as a member of BG Group’s Group
Höegh LNG of Norway said its total income was USD 37.6 million, up 25 % from 30.0 million in the fourth quarter 2011. Highlights: – Operating profit before depreciation USD 18.2 million, up from USD 3.5 million in the fourth quarter 2011 – Profit before tax USD 11.3 million, up from a loss of 8.5 [&
Aker Solutions reported revenues of NOK 12.0 billion and earnings before interest, tax, depreciation and amortisation of NOK 1.2 billion in the fourth quarter of 2012. Based on the preliminary annual results, which show revenues of NOK 44.9 billion and EBITDA of NOK 4.7 billion, the Board of Directo
According to the European Commission, the most promising alternative fuel for sea transportation is liquefied natural gas. This is one of the key conclusions from “Clean Power for Transport” Package presented on 24 January 2013 by the Directorate-General for the Mobility and Transport. In “Clean Pow
The UK’s Grain LNG terminal will receive a cargo of liquefied natural gas from Qatar this week, according to shipping data. The cargo is being hauled by the 263,000 cbm Al Samriya tanker, and it is due to arrive at the Grain LNG terminal on February 16. Grain LNG is the UK’s first modern LNG [&helli
“Building modern LNG facilities takes up to 5-7 years, sometimes even up to 10 years. We have to put all the right conditions in place for developing this sector. This includes reflecting on possible gradual liberalization of LNG exports and organizing production of the required technical equipment
From 11 to 13 June 2013, NGVA Europe will hold the ‘4th NGVA Europe International Show & Workshops’ in Gothenburg, Sweden. This NGVA Europe event will be hosted by Energigas Sverige (The Swedish Gas Association), gold sponsored by Volvo and is organised by NGV Communications Group. After the success
The State Office for Mining, Energy and Geology of the German region Lower Saxony has issued a permit for the construction of the last line of the NEL gas pipeline, the western branch of the Nord Stream onshore gas pipeline. The route, with a length of 35 kilometers, will start from the town of Tesp
Rosneft and ExxonMobil have agreed to expand their cooperation under their 2011 Strategic Cooperation Agreement to include an additional approximately 600,000 square kilometers (150 million acres) of exploration acreage in the Russian Arctic and potential participation by Rosneft (or its affiliate)
The governments of Greece, Italy and Albania have cemented their full support for and commitment to the Trans Adriatic Pipeline (TAP) project by signing a tri-lateral intergovernmental agreement (IGA). Concluded at the Ministry of Foreign Affairs in Athens, the IGA solidifies a range of key commitme
