Clean Fuel
Klaipedos Nafta’s LNG terminal April revenue up
Klaipedos Nafta, the operator of the first Lithuanian LNG terminal reported a 12.2 percent jump in sales revenue from the facility during the month of April 2017.
Russia’s Gazprom begins TurkStream gas pipeline construction
Russian gas giant Gazprom has started construction on the TurkStream natural gas pipeline under the Black Sea to Turkey. Gazprom said in a statement that Allseas’ vessel Audacia had started laying pipes on the Russian shore of Black Sea. Construction works for the TurkStream gas pipeline in the deep
Top news of the week May 1-6
Fortuna FLNG umbrella agreement signed Fortuna FLNG project partners signed an umbrella agreement that establishes the full legal and fiscal framework for what is claimed to be Africa’s first deepwater FLNG project. Singapore launches 1st standard for LNG bunkering Singapore has launched its first b
GasLog posts Q1 profit, amends LNG tanker charter deal
Monaco-based LNG shipper GasLog on Friday reported first-quarter net income of $8.8 million, after reporting a loss in the same period a year ago.
Engie’s first quarter profit dips
French utility and LNG player Engie, reported a decrease in profit for the first quarter 2017 “impacted by unfavorable scope effects.”
Shell’s energy and LNG trading units name new heads
The Hague-based LNG giant Shell’s units, Shell Energy Europe (SEE) and Shell LNG Marketing and Trading (SMLT) have named new leads for their businesses.
DEME scores Angola LNG dredging contract
Belgian dredging specialist DEME has secured a contract from the Chevron-led Angola LNG project. Angola LNG awarded a 5-year maintenance dredging contract to DEME for its LNG export terminal located in Soyo. Works will start by mid of June 2017, DEME said in a statement on Friday without revealing a
Qatari LNG heading for South Hook
The UK’s South Hook liquefied natural gas terminal is scheduled to receive another cargo of LNG from Qatar next week.
Molgas completes first LNG bunkering in port of Santander
Molgas Energia, Spanish LNG provider completed the first liquefied natural gas bunkering operation in the port of Santander.
Awilco LNG’s Q1 net loss grows, freight income down
Oslo-based Awilco LNG, the owner of two 156,000-cbm LNG carriers, widened its net loss in the first quarter of this year due to low activity of its vessels and lower spot rates. Awilco LNG’s net loss rose to $10.4 million in the first quarter, as compared to $4.6 million in the same quarter last yea
Russia suspends LPG exports to Ukraine again – traders
MOSCOW (Reuters) – Russian exporters have suspended liquefied petroleum gas (LPG) exports to Ukraine for the second time in a month because Russia’s regulator has not given clearance for the shipments, traders said on Thursday. Russia restricted LPG exports to Ukraine in early April for a few days c
Kongsberg’s tech ordered for German LNG-powered research vessel
Kongsberg signed a contract with the German shipbuilder Fassmer Werft for the delivery of a technical solution for the LNG-powered research vessel, Atair II.
Production growth boosts Statoil’s Q1 earnings
Norwegian energy giant and LNG operator Statoil reported a jump in adjusted profit during the first quarter of 2017.
Amec Foster Wheeler secures BP contract extension
London-based LNG engineer Amec Foster Wheeler has signed an extension of its global master service agreement with BP.