Clean Fuel
Danish pension fund PKA ditches 35 oil and gas companies
Danish pension fund PKA, that manages about $46 billion worth of assets, said it has excluded 35 oil and gas companies from its investment portfolio. PKS, which actively invests into technologies such as offshore wind power and has previously excluded 70 coal companies, said on Thursday that the rea
European Commission clears Total, Engie $1.5 billion LNG deal
The European Commission has cleared the acquisition of French Engie’s portfolio of upstream liquefied natural gas (LNG) assets by compatriot Total.
BP, Petrobras pledge to expand cooperation scope
The UK-based energy giant BP has signed a memorandum of understanding to explore areas of cooperation with Petróleo Brasileiro (Petrobras).
Shell outlines its energy transition strategy
The Hague-based LNG giant, Shell, released its report outlining the lower-carbon energy transition strategy.
Finland greenlights Russia’s Nord Stream 2 gas pipeline
Finnish authorities have approved the construction and use of the Nord Stream 2 gas pipeline through the country’s waters. This was the second of two permits required to construct and operate the planned Russia-built pipeline in the Finnish Exclusive Economic Zone (EEZ), completing the permitting pr
Austria boosts Russian gas imports
Austria increased Russian gas imports by 77.2 percent from January 1 through April 8, compared to the same period last year, according to Russian gas giant Gazprom. Gazprom had supplied Austria with 3.7 billion cubic meters of gas during the period, the company said in a statement following a meetin
Spanish LNG imports up slightly in Mar YoY
Spain’s imports of liquefied natural gas rose 1.3 percent in March on a yearly basis, according to the data provided by the LNG terminal operator, Enagás. LNG imports reached 10.6 terawatt hours (TWh) in March as compared to 10.4 TWh in the same month the year before, the data shows. Total natural g
France’s GTT wins Hyundai Heavy LNG order
France’s GTT has secured an order from the Korean shipyard Hyundai Heavy Industries (HHI) to equip a new LNG carrier with its membrane containment system. GTT’s Mark III Flex cryogenic membrane containment system will be installed onboard a 180,000-cbm LNG carrier to be built by Hyundai ‘s shipyard
Fluxys to build LNG bunkering facility at port of Antwerp
Belgium’s Fluxys will make liquefied natural gas (LNG) permanently available as an alternative fuel for ships and barges at the port of Antwerp after taking over concession at quay 526-528.
Air Liquide’s BOG system commissioned onboard GasLog Genoa
Cryogenics and gas engineer, Air Liquide, commissioned a boil-off gas reliquefaction system onboard the Samsung Heavy Industry-build LNG carrier, GasLog Genoa.
Bahía de Bizkaia Gas receives first Yamal LNG cargo
Spain’s Bahía de Bizkaia Gas (BBG) received a cargo of liquefied natural gas from the Novatek-led Yamal LNG project in the Russian Arctic at its regasification plant in the port of Bilbao.
Lithuania: Klaipeda LNG regas volumes down in March YoY
Liquefied natural gas (LNG) volumes at Lithuania’s first and only import terminal in the port of Klaipeda dropped 22 percent in March when compared to the last year. Klaipėdos Nafta, the LNG terminal operator, said Wednesday that its facility during March in total regasified and reloaded 0.5 terawat
Top news of the week April 2-7
Exelon to buy US Everett LNG terminal from Engie Exelon Generation, a unit of the US energy producer Exelon Corporation, struck an agreement with France’s Engie to purchase the company’s Everett LNG import terminal in the US. WoodMac sees LNG FIDs bumping average project Capex Upstream final investm
France’s GTT nets LNG tanks order from Daewoo
France’s GTT said it had received an order from the Korean shipyard Daewoo Shipbuilding and Marine Engineering for the design of liquefied natural gas (LNG) tanks. The tanks will be installed onboard two new 173,400-cbm LNG carriers to be built by Daewoo’s shipyard in Geoje on behalf of an unnamed E