Clean Fuel
BP post profit drop on lower prices
UK-based energy giant and LNG player BP reported a drop in its profit for the fourth quarter and the full year 2019.
BC Ferries orders new LNG-fueled vessel at Remontowa
British Columbia Ferry Services (BC Ferries) has awarded the Polish Remontowa Shipbuilding yard in Gdansk, a contract to build an additional liquefied natural gas (LNG)-fuelled vessel.
KN wins Brazilian LNG terminal operation deal
Klaipedos Nafta, Lithuanian oil and LNG terminal operator, has been named the operator of the LNG terminal in the Brazilian Port of Açu.
Top news of the week Jan. 27-Feb. 1
Cameron LNG requests more time for project expansion Cameron LNG project has filed a request with the Federal Energy Regulatory Commission seeking a 72-month extension to place additional facilities in service. Study doubts LNG fuel’s life-cycle GHG emissions benefit Despite LNG containing less carb
Gasum inks deal to fuel Equinor’s LNG-fueled shuttle tankers
The Nordic energy company Gasum has signed an agreement with Equinor for the delivery of liquefied natural gas to the latter’s crude shuttle tankers.
Gazprom, Petrobangla ink energy cooperation MoU
Russian giant Gazprom has signed a memorandum of understanding with Bangladesh state-owned Petrobangla.
Shell’s profit hit by lower prices
The Hague-based LNG giant Shell reported a nearly 50 percent drop in profit for the fourth quarter of 2019 on lower realized oil, gas and LNG prices.
MAN’s new ME-GI engine completes 100 pct gas run
MAN Energy Solutions noted that during testing completed by Hyundai’s Engine Machinery Division (HHI-EMD) MAN B&W 11G90ME-GI dual-fuel engine ran at 100 percent load in gas mode.
Study doubts LNG fuel’s life-cycle GHG emissions benefit
Despite LNG containing less carbon per unit of energy compared to conventional marine fuels, a recent study says this might not reduce GHG emissions on a life-cycle basis.
EIB to fund Greek LNG bunkering vessel
Public Gas Corporation of Greece (DEPA) and the European Investment Bank (EIB) signed a financing agreement for the construction of a new Greek LNG bunkering vessel.
South Hook LNG books first February delivery
The South Hook liquefied natural gas import facility on the Milford Haven waterway is set to accommodate one of the largest vessels in the global LNG tanker fleet.
Nigeria LNG inks supply deal with Total
Nigeria LNG signed an LNG sale and purchase agreement (SPA) for some of the remarketed volumes from NLNG’s Trains 1, 2 and 3 with Total Gas & Power (TGP).
Eni expands LNG portfolio with new NLNG deal
Italian energy conglomerate Eni has signed a new long term contract for the purchase of 1,5 million tonnes of liquefied natural gas with Nigeria LNG Limited (NLNG).
Gazprom delivers first billion cubic meters of gas via TurkStream
Russian giant Gazprom said it has supplied its first billion cubic meters of gas via the TurkStream gas pipeline.