Volvo Trucks is enhancing its focus on alternative fuels with the launch of the new Volvo FM MethaneDiesel. This truck is powered by up to 75 percent gas. Thanks to its fuel-efficient technology – which extends the vehicle’s operating range – it can considerably reduce CO2 emissions from heavy and l
Golar LNG today announced financial results for the first quarter of 2011. Highlights – Golar LNG reports consolidated net income of $16.3 million and consolidated operating income of $20.4 million for the first quarter of 2011 – Golar LNG announces a cash dividend of $0.25 cents per share Significa
From 1 June onwards, registration for Offshore Energy 2011 is open. The fourth edition of this two-day, international offshore event is organized in the Amsterdam RAI, at 11 and 12 October 2011. Visiting the exhibition is free of charge; conference delegates pay a conference fee. The 4th edition of
Together with FKAB, TGE Marine, Cargotec and MAN Diesel & Turbo, DNV has participated in a joint industry project to develop Ecore, a Very Large Ore Carrier concept designed to lower fuel costs and improve loading efficiency. Based on existing technology, the Ecore concept represents a step change i
Lithuanian Energy Minister Arvydas Sekmokas said the price offered by the United States’ Cheniere Energy for gas supplies would be at least… (themoscowtimes) [mappress] Source: themoscowtimes, May 30, 2011;
The capacity of the Yamal LNG project may be tripled in order to handle gas from nearby fields, the head of finance and strategic developmen… (interfax) [mappress] Source: interfax, May 30, 2011;
The Gazprom headquarters hosted a working meeting of Co-Chairmen of the Joint Coordinating Committee (JCC) between Gazprom and the Agency for Natural Resources and Energy under the Japanese Ministry of Economy, Trade and Industry: Alexander Ananenkov (image), Deputy Chairman of the Gazprom Managemen
South Hook Gas and EGL have signed a new framework agreement for access to spare LNG import capacity. This agreement will increase the amount of liquefied natural gas (LNG) that may be delivered into the United Kingdom, helping to meet the country’s energy needs and follows on from a similar deal si
Zurich (Switzerland) hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Dusan Bajatovic, Chief Executive Officer of Srbijagas. A detailed action plan was signed to implement South Stream in Serbia. Alexey Miller and Dusan Bajatovic discussed the Ba
FLEX LNG today announced its results for the first quarter of 2011. During the first quarter the FLEX LNG group of companies (the Group) has continued to develop what it expects could be amongst the world’s first LNG Producers. In the quarter costs of $1.0m ($6.7m) were capitalised on the four units
On May 25-26 the delegation of Shtokman Development AG (SDAG) visited Murmansk. The issues of legislative support, Russian content, interaction with the regional and city authorities, logistic and personnel support to the Shtokman project were in the focus of attention of the parties during the meet
In June 2010, the consortium of EXMAR MARINE NV (a 100% subsidiary of EXMAR NV), Promigas S.A. E.S.P and Caribbean LNG (Jamaica) Limited (the Consortium) was selected as preferred bidder for the proposed development of a Floating Liquefied Natural Gas Storage and Regasification Terminal and Natural
Oshima Shipbuilding Co., Ltd. and DNV announced the completion of the first milestone of a joint programme to develop the ECO-Ship 2020, a concept design for an open hatch bulk carrier (OHBC) developed to significantly lower fuel costs, meet or exceed regulatory standards and improve commercial perf
Gas will start flowing from the huge Shtokman offshore field at the end of 2016 for the pipeline part and in 2017 for the liquefied natural… [mappress] Source: guardian, May 26, 2011;