Clean Fuel
Statoil’s earnings drop
Norwegian energy giant and LNG operator Statoil reported a 58 percent drop in its adjusted operating profit for the year 2016.
BP turns to profit in 2016
UK-based energy giant and LNG player, BP reported a slight net profit for 2016, recovering from heavy losses the company logged the previous year. BP posted a profit of $115 million, compared with the headline loss of $6.5 billion reported for 2015. Theses figures included a total of $4 billion non-
GTT nets Mark III containment systems order from SHI for Höegh LNG’s FSRUs
French LNG containment specialist GTT received an order from Samsung Heavy Industries to equip Höegh LNG’s FSRUs with its Mark III cryogenic membrane containment system.
Peru ships its first LNG cargo to UK
The UK is set to receive ist first cargo liquefied natural gas (LNG) from Peru.
Bomin Linde in German LNG bunkering first
Hamburg-based Bomin Linde LNG completed the first LNG bunkering of a chemical tanker in Port of Rostock last week.
Report: Uniper to sell its stake in Italian FSRU
Uniper has reportedly taken steps to sell its shareholding in OLT Offshore LNG Toscana, the company that owns and operates the FSRU Toscana about 22 km off the Italian coast between Livorno and Pisa.
Bernhard Schulte, Babcock developing LNG bunkering vessel
Bernhard Schulte Shipmanagement (BSM) and Babcock International Group joined forces to develop an LNG bunkering vessel.
Delek in Ithaca Energy takeover
Israel’s Delek Group said it has reached an agreement with Ithaca Energy to acquire the remaining shares in the company for a total consideration of C$681 million (US$524 million).
Top news of the week Jan 30 – Feb 4
Marubeni, Sojitz ink deal for Indonesia LNG power project Japanese trading houses Marubeni and Sojitz entered into a long-term power purchase deal with the Indonesian state-owned utility PLN for a gas-to-power project that includes the provision of a floating storage and regasification unit. Shell s
Portugal to get US LNG cargo
Portugal is set to receive a cargo from Cheniere’s Sabine Pass LNG export terminal in Louisiana, at least that is what the ship-tracking data currently shows. This would be the second U.S. LNG cargo produced from shale gas to reach Portugal. According to the shipping data by the port of Sines, the 1
Lithuania: ESO plans LNG regasification facility in Druskininkai
Energijos Skirstymo Operatorius a Lithuanian power and gas distributor issued a public call for tenders for the installation of LNG regasification facility in the town of Druskininkai.
Picture of the day: Malta gets second LNG cargo
The newcomer to the LNG importing nations circle, Malta, received its second LNG cargo at the at the Delimara terminal and power station.
Shell appoints new Australian head
The Hague-based LNG giant Shell said that its unit, Shell Australia named Zoe Yujnovich as a successor to Andrew Smith as chairman of the Shell companies in Australia from April 1, 2017.
Houlder, Klaw LNG pen bunkering solutions MoU
Two UK companies, the marine design consultancy, Houlder, and Klaw LNG, a liquefied natural gas systems specialist, signed a memorandum of understanding to develop new bunker and transfer solutions.