Clean Fuel
Ex-Chevron executive Melody Meyer joins BP’s board
Melody Meyer was elected as a non-executive director for UK-based energy giant BP at the company’s annual general meeting on Wednesday. Meyer has extensive experience in the global oil and gas industry, with 37 years of service with Chevron, including senior leadership roles internationally. Meyer w
Intesa set for more Russia deals after winning Putin’s favor over Rosneft
Italian lender Intesa Sanpaolo took on a deal rival banks had turned down when it advised on the sale of a stake in sanctioned Russian oil major Rosneft last year, and by pulling off the sale it won favour from the Kremlin.
Russia wants to split Sovcomflot sale among small-stake investors
By Gleb Stolyarov and Jack Stubbs MOSCOW (Reuters) – Russia plans to sell part of state shipping firm Sovcomflot next month, hoping to draw in a wide range of small-stake investors rather than a strategic buyer who could threaten Moscow’s control of the group, banking and industry sources say. The c
France’s GTT to equip two LNG tankers
GTT, the French maker of LNG containment systems has received an order from South Korea’s Daewoo Shipbuilding & Marine Engineering to equip two LNG carriers with its NO96 GW containment system. DSME shipyard based in Geoje will build the 173,400-cbm vessels on behalf of a European ship-owner, GTT sa
Exmar LPG acquires newbuilding
Exmar LPG, a joint venture between Exmar and Teekay LNG Partners, agreed with Hyundai Heavy Industries to acquire an existing mid-size LPG carrier newbuilding contract.
Eni, Rosneft strengthen cooperation
Italian energy giant and LNG player Eni signed a cooperation agreement with Russia’s Rosneft.
Peru dispatches LNG cargo to Spain
Peru’s only liquefaction facility at Pampa Melchorita shipped a cargo of liquefied natural gas to Spain.
Qatari LNG cargo bound for Zeebrugge
Fluxys-operated Zeebrugge LNG terminal is scheduled to receive a cargo of liquefied natural gas next month.
Evergas takes delivery of its eight LNG-fueled carrier
Danish shipping company, Evergas, said it has taken delivery of all eight of LNG-fueled “Dragon” class vessels.
Spanish April LNG imports down YoY
Spain’s imports of liquefied natural gas (LNG) dropped 14 percent in April as compared to the same month in the year before. LNG imports reached 10.38 terawatt hours (TWh) in April, as compared to 12.07 TWh the year before, according to the data provided by the Spanish LNG terminal operator, Enagás.
Gas Natural Fenosa reports drop in profit
Spanish LNG operator Gas Natural Fenosa reported a first-quarter profit of €298 million (US$328.3), a 9.4 percent drop compared to the corresponding quarter in 2016.
GasLog Partners cash in $139 million through shares sale
GasLog Partners, the New York-listed spinoff of LNG shipper GasLog, raked in US$138.61 million through a public offering of 5,750,000 shares.
Exmar to meet with investors on bond issue
Belgium’s Exmar, the Nicolas Savery-led shipowner is organizing investor meetings to gather support for a bond offering. The Antwerp-based company said Tuesday it has mandated DNB Markets, Pareto Securities, Nordea Bank Norge and Skandinaviska Enskilda Banken to organize a series of fixed income inv
TMC wins second FSRU deal for Höegh LNG
TMC Compressors (TMC) has been awarded a contract by Samsung Heavy Industries (SHI) to deliver a marine compressed air system to a floating storage and regasification unit (FSRU) the South Korean yard is building for Höegh LNG.