Clean Fuel
Schlumberger quits OneLNG JV and Fortuna FLNG project
Liquefied natural gas shipper, Golar LNG said its OneLNG partner Schlumberger decided to end involvement in Fortuna FLNG project in Equatorial Guinea, resulting in the dissolution of the joint venture.
Gas Natural Fenosa bins Zaule LNG project in Italy
Spanish LNG operator Gas Natural Fenosa dropped its plans to build an LNG import terminal in the port of Zaule in Trieste.
Hoegh LNG logs rise in Q1 earnings
Norway’s floating storage and regasification unit (FSRU) giant Höegh LNG reported a rise in its earnings in the first quarter of this year as compared to the same period in 2017. Höegh LNG said its quarterly net profit was at $13.2 million, as compared to $11.4 million in the first quarter last year
Swedegas, Barents NaturGass partner on LNG bunkering
Nordic gas companies, Swedegas and Barents NaturGass, have signed an agreement to deliver liquefied natural gas (LNG) to a bunkering facility in the Port of Gothenburg.
GasLog agrees charter deal with Centrica, places order for LNG carrier at SHI
Monaco-based LNG shipper GasLog signed a seven-year charter deal with Centrica for a newbuild LNG carrier it has ordered at the South Korean shipbuilder Samsung Heavy Industries.
Gazprom, Severgroup to localize LNG construction tech
Russian giant Gazprom signed a deal with its compatriot Severgroup to cooperate in adopting and localizing LNG plant construction technologies within Russia.
Gazprom’s profit climbs in Q1 on higher European volumes
Russian gas giant Gazprom saw its net profit rising more than 11 percent in the first quarter of this year as pipeline exports to Europe surged. Moscow-based Gazprom posted a profit of 372 billion roubles ($5.93 billion) in the first quarter as compared to 333 billion roubles in the same quarter the
Tieto wins support services deal from Singapore LNG
The Nordic software and services company Tieto has contracted to provide its services for the Singapore LNG Corporation.
BW LPG makes $1.1 billion all-share bid to buy Dorian LPG
Norway’s BW LPG, the world’s largest liquid petroleum gas shipping company, is offering to buy competitor Dorian LPG in a $1.1 billion all-share deal. Dorian shareholders will receive 2.05 BW LPG shares for each Dorian share, equal to $7.86 per share, BW LPG said in a statement on Tuesday. New York-
Adriatic LNG calls for flexibility to boost terminal utilization rates
Flexibility tools have to be offered by European LNG terminal operators in order to boost the competitiveness and the utilization of LNG infrastructure in Europe.
Snam, BHGE agree micro-LNG infrastructure development
The Italian natural gas transmission system operator, Snam and Baker Hughes, a GE company, agree to develop micro-liquefaction infrastructure to boost heavy-duty trucks and maritime transportation in Italy.
Elengy appoints new chief executive
Following a proposal of its parent company Engie, French LNG operator Elengy named Laurence Borie-Bancel as the company’s CEO effective June 1.
Skangas supplies LBG to Uddeholm as LNG replacement
Skangas, part of Gasum group, delivered liquefied biogas (LBG) to Swedish tool steel manufacturer, Uddeholm’s production plant from its parent company Gasum Group’s Lidköping biogas facility.
Flex LNG to buy two X-DF newbuildings for $368m
Oslo-listed Flex LNG, the shipping company controlled by billionaire John Fredriksen, said it entered a deal on Monday to buy two 174,000-cbm X-DF LNG carrier newbuildings under construction at South Korea’s Hyundai Heavy Industries. Flexh LNG said it in its first-quarter report it would buy the ves