Clean Fuel
BP, CNPC pen second shale gas PSC
BP on Thursday said it has signed a second production sharing contract (PSC) for shale gas exploration, development and production with China National Petroleum Corporation (CNPC).
Golar LNG’s loss deepens in second quarter
Bermuda-based Golar LNG, the owner and operator of liquefied natural gas carriers on Wednesday reported a net loss of US$99.5 million. The shipping company’s adjusted operating loss was cut slightly from $42.7 million in the first quarter to $37.1 million in the quarter under review, according to th
DNV GL starts LNG demand study for maritime transport in the Iberian Peninsula
DNV GL said it is undertaking a study on LNG market in the European Union as it looks to advance the development of an EU-wide network of LNG refueling stations.
Sovcomflot strengthens position in Sakhalin-2 project
Russian shipping company Sovcomflot has expanded its presence in the Sakhalin-2 project, operated by Sakhalin Energy, a company owned by Gazprom, Shell, Mitsui and Mitsubishi.
Gazprom, Edison talks southern route gas supplies
Gazprom’s head Alexey Miller met with Marc Benayoun, executive vice president of EDF and CEO of Edison discussing the southern route of Russian natural gas supplies to Europe.
Cyprus, Egypt sign gas supply deal
Egypt and Cyprus have signed an agreement regarding the transport of natural gas via a direct subsea pipeline from Cyprus to Egypt for domestic consumption or re-export.
WinGD dual-fuel engines ordered for SK Shipping’s LNG newbuilds
Winterthur Gas & Diesel (WinGD) on Tuesday said it has been contracted to supply two 5-cylinder dual-fuel engines for LNG duo currently under construction at South Korean shipbuilder Hyundai Heavy Industries.
Bureau Veritas classes Terntank’s LNG-powered chemical tanker
Bureau Veritas said it has classed the 15,000 dwt LNG-powered chemical tanker, Ternsund, built for Terntank Rederi at Avic Dingheng, China.
Statoil, Petrobras in gas MoU
Norway’s Statoil and Petrobras of Brazil signed a memorandum of understanding to evaluate cooperation in the gas value chain.
Gazprom’s profit down in Q2
Russian gas giant Gazprom posted on reported a 17 percent drop in second-quarter net profit reaching 244.9 billion rubles (approx. US$3.7 billion).
Van Oord: land reclamation for KNPC’s LNG project progresses
Rotterdam-based Van Oord on Tuesday said work continues on land reclamation in Kuwait for Kuwait National Petroleum Company’s (KNPC) LNG import facility.
Wärtsilä wins dual-fuel power plant order
Wärtsilä of Finland has won a contract to supply a 100 MW dual-fuel plant to Albares Renovables in Argentina.
Gate LNG commissions break bulk facilities
Gate LNG terminal, with its shareholders Gasunie and Vopak, on Monday, opened the new LNG break bulk infrastructure located at the terminal site in Maasvlakte in Port of Rotterdam.
Wärtsilä, Gasum join forces on LNG market development
Wärtsilä signed a joint cooperation agreement with its Finnish compatriot Gasum, aimed at developing the use, distribution, and service solutions for natural gas in marine and onshore applications.