Clean Fuel
Containerships’ LNG-fueled vessels build progresses
Finnish shipping company Containerships said the construction of its LNG-fueled containerships s progressing at the Chinese Wenchong Shipyard, Guangzhou.
Shell’s first LNG bunkering vessel on way to Europe
Shell’s first liquefied natural gas (LNG) bunkering vessel is heading towards Europe after leaving STX Offshore & Shipbuilding’s yard in South Korea, at least that is what the shipping data shows. The 6,500-cbm LNG bunkering vessel named Cardissa left the STX yard last week and was on Friday located
U.S. to boost LNG exports to Europe with sanctions on Russia
The latest decision by the U.S. Senate to impose new sanctions on Russia over alleged involvement in the 2016 elections is aimed at boosting U.S. LNG exports to Europe.
Wood Group’s takeover of Amec Foster Wheeler get shareholder backing
Wood Group’s recommended all-share offer for Amec Foster Wheeler has received the support of shareholders of both companies. The deal is expected to be completed in the fourth quarter of 2017, once all relevant clearances are received from competition authorities in certain countries where both coun
Spanish May LNG imports rise
Spain’s imports of liquefied natural gas (LNG) rose 15.2 percent in May on a yearly basis, according to the data provided by the LNG terminal operator, Enagás. LNG imports reached 13.09 terawatt hours (TWh) in May, as compared to 11.37 TWh in the same month the year before. Qatar was Spain’s largest
OLT Offshore closes third FSRU capacity tender
Italy’s OLT Offshore LNG Toscana closed the tender for the regasification and storage capacity at the FSRU terminal for the months of August and September.
German Maritime LNG inks Arctic Commitment
The German Maritime LNG Platform extended support to the Clean Arctic Alliance calling for a ban on heavy fuel oil (HFO) use in Arctic shipping, by signing the Arctic Commitment.
BP, RIL to develop gas fields off India
The UK-based energy giant BP and Reliance Industries intend to develop deepwater gas fields already discovered off India, as part of an agreement to expand their partnership.
BP: global natural gas output stalls, LNG on the rise
Natural gas production worldwide last year recorded the weakest growth in almost 34 years as liquefied natural gas (LNG) trade rose and continues the upward trend, according to a report by energy giant BP. Global gas production increased only 0.3 percent to 21 bcm in 2016, the weakest growth in gas
Peru ships rare LNG cargo to Argentina
Peru’s only liquefaction facility at Pampa Melchorita shipped its third cargo of liquefied natural gas to Argentina.
STS LNG bunkering service starts in Belgium’s port of Zeebrugge
Belgium’s port of Zeebrugge has started offering ship-to-ship liquefied natural (LNG) bunkering service. The LNG bunkering vessel Engie Zeebrugge recently performed its first deliveries to the LNG-powered pure car and truck carriers Auto ECO and Auto Energy, both owned by UECC. The LNG bunkering ope
Awilco LNG firms up Teekay deal, readies share offering
Oslo-based Awilco LNG signed the final agreement with Teekay LNG Partners fulfilling the conditions for the private placement to be issued on June 19.
Global energy demand stumbles for third year -BP
By Ron Bousso LONDON (Reuters) – Global energy demand continued its sluggish growth last year as China’s growth fell to its lowest in nearly 20 years while renewables flourished, BP <BP.L> said in a report on Tuesday. Slower demand growth helped stall the acceleration of greenhouse gases emissions f
Yamal LNG secures €425 mln credit facility
Novatek-led Yamal LNG project secured 14-year credit facilities in the amount of €425 million ($476.8 million) with Raiffeisen Bank International and Intesa Sanpaolo.