Clean Fuel
Shell’s second-quarter profit slips
The Hague-based LNG giant Shell saw its second-quarter net profit drop lower realized oil, gas and LNG prices.
BP, Eni ink new exploration deal in Oman
UK-based energy giant and LNG player BP and its Italian counterpart Eni signed an exploration and production sharing agreement (EPSA) for Block 77 in central Oman with Oman’s Ministry of Oil and Gas.
EU approves Croatia LNG support measures
The European Commission has found Croatian plans to support the construction and operation of a liquefied natural gas (LNG) terminal at Krk island to be in line with EU State aid rules.
Enagas’ profit edges down as natural gas demand rises
Spanish LNG terminal operator, Enagás reported a net profit of €216 million in the first half of the year in line with its targets set for the year. Compared to the €219.8 million reported in the first six months of 2018, this is a 1.7 percent drop. The contribution by affiliate companies to net pro
Golar, Exmar running for Leviathan FLNG job
Delek Drilling, a unit of the Delek Group, said that Leviathan gas field partners have signed deals with Exmar and Golar LNG to explore the potential of developing a floating LNG facility.
Energean grabs four new licenses off Israel
Mediterranean-focused oil and gas producer Energean Oil and Gas has been awarded four new licenses for oil and gas exploration in Israel’s Exclusive Economic Zone (EEZ).
BP’s second-quarter profit flat
UK-based energy giant and LNG player BP reported a profit of $2.8 billion for the second quarter of 2019, remaining flat comparing to the second quarter of 2018.
Spanish natural gas demand spikes in July
Spanish LNG terminal operator, Enagás reported that the natural gas demand in Spain has grown significantly on the back of soaring demand for natural gas for power generation in July.
Repsol, Brittany ferries extend LNG supply deal
Brittany Ferries and Spanish energy giant Repsol have extended their agreement signed last February for the supply of liquefied natural gas (LNG) to the ferry operator’s Spanish operations.
Klaipedos Nafta submits bid to operate Cyprus LNG terminal
Lithuanian LNG terminal operator Klaipedos Nafta has submitted a tender bid for the design, construction, and operation of the Cyprus LNG import terminal.
Sovcomflot approves LNG-fueled tanker orders at Zvezda shipyard
Russian shipping company Sovcomflot said its board of directors approved the order for three LNG-fueled MR product carriers at the Zvezda Shipbuilding Complex.
Qatargas delivers first Q-Max LNG cargo to Zeebrugge terminal
The world’s largest liquefied natural gas producer Qatargas has delivered the first cargo of LNG to the Zeebrugge terminal in Belgium.
Flex LNG closes sale and charter-back of tanker pair
Flex LNG, a company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business, closed and completion of the sale and charter-back transaction for an LNG carrier pair with Hyundai Glovis.
Top news of the week July 22-27
TechnipFMC scores multi-billion dollar Arctic LNG 2 job LNG contractor TechnipFMC has been awarded an engineering, procurement and construction (EPC) deal by Novatek and its partners worth over for the Arctic LNG 2 project located in the Gydan peninsula in West Siberia, Russia. Freeport LNG’s Train