Clean Fuel
Rosneft gains access to Chinese gas market through $1 bln unit stake sale
Russia’s Rosneft signed agreements with Beijing Gas Group for the sale of a 20 percent stake in its unit Verkhnechonskneftegaz.
Top news of the week Oct. 31-Nov. 5, 2016
Angola LNG production halted Angola LNG has suspended production at its 5.2 million tons per year liquefaction plant in Soyo as it is conducting a planned shutdown for a “minor intervention”, an Angola LNG spokeswoman confirmed to LNG World News on Monday. Cheniere narrows losses, plans mid-scale LN
Gazprom’s LNG exports in line with 2015, Medvedev says
Gazprom’s LNG exports are expected to reach roughly the same volumes as in 2015, according to the company’s deputy chairman Alexander Medvedev.
Oil and gas companies reveal $1 bln climate investment plans
The Oil and Gas Climate Initiative (OGCI), designed to catalyze practical action to reduce greenhouse gas emissions, said it will invest US$1 billion over the next ten years to deploy low emissions technologies.
GasLog revenue rises as LNG fleet expands
Monaco-based LNG shipper GasLog posted higher revenue in the third quarter of 2016, driven by new deliveries to its fleet.
Last October cargo from Peru heads to Spain
Peru’s natural gas liquefaction and export facility at Pampa Melchorita shipped the last October cargo over the weekend.
Gazprom, Mitsui talk LNG cooperation prospects
Gazprom’s head, Alexey Miller, discussed the prospects of partnership in the LNG sector with Mitsui’s chairman Masami Iijima during a meeting on Wednesday.
Shell drills for more gas for Tanzanian LNG project
Shell with its partners, Pavilion Energy and Ophir Energy, said it will start the drilling program covering two wells in Block 1 and 4, located in the Mafia Deep basin off Tanzania.
Wärtsilä to develop power generation, LNG infrastructure in Iran
Wärtsilä of Finland signed a memorandum of understanding with Industrial Development & Renovation Organization of Iran to develop decentralized power generation in Iran.
Fure West bunkers LNG at Skangas’ Risavika terminal
Skangas, a unit of Gasum, said the Furetank Rederi’s product tanker Fure West bunkered chilled fuel at the LNG terminal in the port of Risavika near Stavanger.
Picture of the day: K. Jasmine loads its 175th Sakhalin II LNG cargo
Sakhalin Energy, the operator of Russia’s only LNG export plant, said the 145,700-cbm LNG carrier K. Jasmine has loaded its 175th cargo at the Sakhalin II liquefied natural gas export facility.
BP’s profit almost halves
UK-based energy giant and LNG player, BP reported a 49 percent drop in its third-quarter profit due to lower oil and gas prices and refining margins. The company made $933 million on an underlying replacement cost basis, compared with $1.8 billion in the same quarter the year before. The Brent oil p
Shell’s Q3 profit climbs 18 pct
Hague-based LNG giant Shell on Tuesday said its third-quarter profit rose 18 percent on year, boosted by the multi-billion takeover of BG Group earlier this year. Shell’s third quarter earnings on a current cost of supplies (CCS) basis were at $2.8 billion compared with $2.4 billion for the third qu
Dyanagas LNG Partners secures charter contract for Clean Energy
Dynagas LNG Partners, a partnership formed by Dynagas, on Monday signed a charter deal with Gazprom Marketing & Trading Singapore for the employment of the 2007-built 150,000-cbm LNG carrier Clean Energy.