Clean Fuel
GasLog plunges to first-quarter loss
Monaco-based LNG shipper GasLog reported a $10.9 million loss for the first quarter of 2019, on a relatively weak LNG commodity and shipping markets.
Brittany Ferries LNG-powered vessel delivery pushed to 2020
French shipping company Brittany Ferries noted that its LNG-powered cruise ferry Honfleur will certainly miss the start of the summer 2019 season, the original delivery date.
Gasum’s Q1 revenue edges up
Finish energy company Gasum reported a 2 percent rise in revenue boosted by “exceptionally cold spell” during the period.
Lloyd’s Register approves HMD’s LNG-fueled tanker design
Hyundai Mipo Dockyard (HMD) has received approval in principle (AiP) from Lloyd’s Register for an LNG-fueled 50,000-dwt class MR tanker design.
Shell CFO: first Prelude LNG cargo set for Q2
The Hague-based LNG giant Shell expects to ship its first cargo of the chilled fuel from its Prelude floating LNG facility located offshore Western Australia.
GasLog lays keel for new LNG carrier at SHI
Monaco-based LNG shipper GasLog said it has held a keel laying ceremony for its liquefied natural gas carrier currently under construction at the South Korean Samsung Heavy Industries shipyard.
Wintershall, DEA complete merger
German duo Wintershall Holding and DEA Deutsche Erdoel AG (DEA) have completed the merger of the two companies creating a European independent gas and oil giant. The merger agreed in September last year has been completed in on May 1 following the approvals by all relevant authorities, and sharehold
Shell’s first-quarter profit slips
The Hague-based LNG giant Shell saw its first-quarter net profit edge down slightly as a result of lower realized oil prices.
US, Nigerian LNG cargoes heading to Portugal
REN-operated Sines LNG import terminal in Portugal is set to receive two cargoes of liquefied natural gas in the first days of May.
Maintenance hampers Lithuanian LNG terminal activity
Lithuanian energy infrastructure provider and LNG terminal operator, KN (Klaipedos Nafta), reported a drop in the liquefied natural gas import facility’s activity during the first three months of the year.
BHGE upbeat on outlook despite plunging profits
Baker Hughes, a GE company, reported a year-on-year decline in profit despite revenues, orders and an active LNG market.
Dragon LNG terminal books Qatari cargo
The UK’s Dragon LNG terminal is scheduled to receive a Qatari cargo of liquefied natural gas at the end of the week.
Fluxys LNG offers Zeebrugge terminal capacity up for grabs
Fluxys LNG said the subscription window for the unloading slots and additional storage services at the Zeebrugge LNG terminal is open.
BP’s profit drops on lower prices
UK-based energy giant and LNG player BP reported a lower profit for the first three months of the year due to lower prices at the start of the quarter.