Clean Fuel
GasLog closes stake buy in Greek FSRU project developer
GasLog, the Monaco-based owner, operator and manager of LNG carriers, closed the sale and purchase agreement to acquire a 20 percent shareholding in Gastrade.
Total’s profit, LNG sales climb
French gas and oil giant Total reported on Thursday a rise of 16% in its adjusted net income in the fourth quarter. Total reported an adjusted net profit of $2.4 billion, as compared to $2.1 billion in the same quarter a year before. “After falling from 100 $/b in 2014 to 52 $/b on average […
Port of Rotterdam: Gate LNG throughput down 26 pct in 2016
LNG throughput volumes at the Dutch Gate terminal decreased 26.1 percent during 2016 as compared to the year ago, according to the data released by the Port of Rotterdam on Thursday. Total LNG throughput reached 1.7 million mt last year, as compared to record 2.3 million mt in 2015. The reason behin
Shell to supply LNG for Van Der Kamp dredger
A unit of the Hague-based energy giant Shell has signed a deal with dredging company Van der Kamp to supply liquefied natural gas to a new LNG-powered vessel. Under the deal, Shell Western LNG B.V. will supply the chilled fuel to the new vessel, named Ecodelta, that is currently being built at the D
Sabine Pass LNG cargo heading for Portugal
Portugal is set to receive a cargo from Cheniere’s Sabine Pass LNG export terminal in Louisiana.
Trafigura to bring UK’s Teeside LNG facility back to life
Trafigura, one of the world’s largest commodities trading firms, plans to reopen the UK’s Teeside LNG import facility which was closed in 2015. The trading house is investing about $30 million in the LNG import terminal and aims to start operations at the facility in the middle of next year, a Trafi
Golar LNG Partners raising cash through share sale
Golar LNG Partners, a limited partnership formed by Golar LNG, plans to offer 4,500,000 common units in an underwritten public offering.
Engie sheds assets in North America and Asia
French LNG player and power utility Engie closed the sale of assets in the United States and Asia, as it continues the execution of its transformation plan.
Klaipedos Nafta LNG terminal revenue drops in January
Klaipedos Nafta, the operator of the first Lithuanian LNG terminal reported a 4.9 percent drop in sales revenue from the facility during January 2017.
Gasum puts focus on growing Nordic gas market as profit drops
Gasum of Finland is turning its focus on expanding the Nordic gas market based on biogas, natural gas and LNG after selling its heat and natural gas retail business.
Industry majors join forces on Pakistan FSRU project
Höegh LNG, together with Qatar Petroleum, Total, Mitsubishi and ExxonMobil formed a consortium to advance an LNG import project in Pakistan.
Video: operations process at Dunkirk LNG terminal
Madrid Spirit, Teekay’s 135,243-cbm LNG carrier, delivered the first cargo to France’s fourth liquefied natural gas regasification terminal in July last year.
Naming ceremony for UECC’s 2nd LNG-fueled car carrier
A naming ceremony for an LNG-powered car and truck carrier owned by United European Car Carriers (UECC) is to take place in the Copenhagen Malmö Port on Tuesday. The carrier to be named Auto Energy is a sister vessel to the world’s first LNG-powered PCTC Auto ECO, that was christened in the port of
Linde scores Russian LNG plant contract
The technology company The Linde Group has won a contract from Gazprom and project EPC contractor SRDI Oil & Gas Peton for a mid-scale LNG plant in Portovaya, located in Russia at the Baltic Sea.