Clean Fuel
Chart says to build Croatia’s first LNG fueling station
US-based LNG engineer, Chart said on Wednesday it has been chosen to pioneer liquefied natural gas vehicle fueling infrastructure in Croatia. The company’s Ferox team has been selected to design, manufacture and commission Croatia’s first LNG vehicle fueling station, according to a Chart statement.
Gazprom, Saudi Aramco to form joint coordination committee
Russian gas behemoth Gazprom said on Wednesday it would form a joint coordination committee with Saudi Aramco. The move is a part of an agreement signed by Gazprom’s chief executive, Alexei Miller, with Saudi Arabia Energy Minister Khalid Abdulaziz Al-Falih and Saudi Aramco CEO Amin Bin Hassan Nasse
Dynagas LNG Partners cuts dividend to save cash
Dynagas LNG Partners, a limited partnership formed by the Greek shipowner Dynagas, said it has approved a plan to reduce its quarterly distribution in order to generate cash flow in the long term. The LNG tanker owner will reduce the distribution to $0.25 per common unit from $0.4225 per common unit
Eni gets approval for Merakes development
Italy’s state-controlled energy giant Eni received approval for its plan of development for the Merakes field located in the Makassar Strait, offshore East Kalimantan, Indonesia.
DEME’s LNG-powered dredger launched in China
DEME’s liquefied natural gas (LNG)-powered trailing suction hopper dredger Bonny River has been launched at COSCO’s Guangdong Heavy Industry shipyard in China, according to the Belgian dredging specialist. The dual-fuel dredger has a capacity of 15,000 cubic meters. The vessels’ engine can either be
Total agrees €1.4 bln Direct Energie share acquisition
France’s Total has worked out a deal with Direct Energie shareholders to acquire 74.33 percent of the share capital in a €1.4 billion ($1.7 billion) transaction, expanding its gas-electricity value chain presence.
Exmar joins consortium developing ballast-free LNG carrier
Belgium-based shipping company Exmar has joined a consortium developing a new design for liquefied natural gas carriers, according to French LNG containment giant GTT. GTT, Lloyd’s Register (LR) and Dalian Shipbuilding Industry Corporation (DSIC) on Tuesday launched the second phase of their “30,000
Enel charters Flex LNG’s MEGi newbuild
Flex LNG, the shipping company controlled by billionaire John Fredriksen, signed a time-charter agreement with Enel Trade, for its newbuild LNG carrier Flex Enterprise.
Construction starts on Sardinian small-scale LNG project
HIGAS, a joint venture between Stolt Nielsen, Gas and Heat and CPL Concordia, said it had started building its small-scale liquefied natural gas (LNG) terminal on the Italian island of Sardinia. The storage, regasification and distribution facility in the port of Oristana will have a total storage c
UK’s Milford Haven port says profit drops due to volatile LNG trade
The UK’s Port of Milford Haven, home of the South Hook and the Dragon LNG terminal, has seen its profits drop due to the lower throughput of the chilled fuel. The port recorded a profit before tax of 2.6 million British pounds ($3.7m), down 3 million pounds from the year before, and a turnover of [&
TechnipFMC wins FPSO job for BP’s West African LNG project
LNG engineer, TechnipFMC has been contracted by BP for the development of the FPSO front-end engineering design (FEED) for the LNG project located off Mauritania and Senegal.
Top news of the week April 9-14
Interview: Panama’s first LNG terminal to get commissioning cargo early May Panama’s and Central America’s first liquefied natural gas (LNG) import terminal is set to receive a commissioning cargo from the Sabine Pass facility in the US early May, according to the head of AES in Panama, one of the t
Titan, Rolande acquire Engie LNG Solutions
Titan LNG, the service supplier of liquefied natural gas and its sister company Rolande have acquired Engie LNG Solutions.
GTT notes orders increase as Q1 revenues rise
French liquefied natural gas (LNG) containment system specialist, GTT, saw a sharp increase in orders in the first quarter of the year, with revenues rising.