Clean Fuel
Eni hits gas in Egyptian Western Desert
Italian energy giant Eni said it has made a gas discovery in the Egyptian Western Desert on the Faramid South exploration prospect located in East Obayed concession, 30 km North-West of the Melehia Concession.
Gazprom’s profit jumps in Q2
Russian gas giant Gazprom saw its net profit rising more than five-fold in the second quarter of this year. Moscow-based Gazprom posted a net profit of 259 billion roubles ($3.8 billion) as compared to 48 billion roubles in the year-earlier period, boosted by higher sales and increased oil and gas p
European Commission approves JERA, EDF LNG trading JV
The integration of the liquefied natural gas trading and optimization businesses of Japan’s JERA and France’s EDF Trading has received the green light from the European Commission.
Yamal LNG ships 4 million tons since start of deliveries
Novatek-operated Yamal LNG project in the Russian Arctic has reached a milestone shipping four million tons of liquefied natural gas.
Lithuania approves LNG terminal acquisition after 2024
Lithuania’s Governmental Commission on the Economic Infrastructure Development has approved the acquisition of the LNG terminal beyond 2024.
Wood scores Hammerfest LNG development gig
UK-based services provider Wood said it has provided technical support for Equinor’s LNG facility at Melkøya Island, Norway, as part of a new contract secured under an existing master services agreement.
Elengy receives 200th different LNG tanker
French LNG operator Elengy, a unit of the energy giant Engie, said it has reached a milestone at its Montoir-de-Bretagne terminal as Golar Celsius arrived at the facility earlier this month.
Shannon LNG picks New Fortress Energy for terminal development
Shannon LNG said it has entered into an agreement with New Fortress Energy to develop the proposed LNG terminal project on the Shannon Estuary in County Kerry, Ireland.
AIDAnova crew undergoes training onboard LNG-fueled Wes Amelie
Carnival Maritime, a marine service unit of the Costa Group cooperated with Wessels Reederei to provide training to the captains of AIDA Cruises’ LNG-fueled cruise ship, AIDAnova.
WoodMac warns LNG shipowners of over-order risk
This year has seen the number of orders for LNG vessels jump to 33, more than the past two years combined with higher spot/short-term charter rates prompting action from shipowners.
Flex LNG reports losses on low newbuild utilization
Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business, reported losses as its newbuild carrier Flex Enterprise saw low utilization.
Dynagas’ Yenisei River gets early start to Yamal LNG job
Dynagas LNG Partners, a limited partnership formed by the Greek shipowner Dynagas said its ice-class tanker Yenisei River started itch charter contract with Yamal LNG earlier.
Total agrees Hazira stake sale, LNG supply deal with Shell
French LNG major, Total, has signed a binding letter of intent (LOI) with Shell for the sale of its 26 percent minority equity stake in Hazira LNG regasification terminal in India.
UK books first September LNG cargo
The UK’s South Hook liquefied natural gas (LNG) terminal is scheduled to receive its first cargo of the chilled fuel from Qatar in September.