Clean Fuel
LNG Gorskaya cleared to build LNG port in St. Petersburg
LNG Gorskaya said it has been given a permit by the Federal Marine and River Transport Agency (Rosmorrechflot) to invest into the construction of a liquefied natural gas port in Saint-Petersburg.
Novatek’s profit boosted by Yamal LNG stake sale
Novatek of Russia on Wednesday informed its profit for the second quarter and the first half of 2016 jumped 9.6 percent and 121.7 percent, respectively, compared to the same period in 2015.
South Hook LNG books first August cargo
South Hook liquefied natural gas terminal in the United Kingdom is set to receive the first August cargo from Qatar.
Gas Natural Fenosa posts lower H1 profit
Spanish LNG operator Gas Natural Fenosa reported a lower net profit of 645 million euros ($709m) in the first half of this year when compared to the same period a year ago. The company’s net profit was 6.5% less in “like-for-like terms, i.e., disregarding the effect of currency depreciation and the
Cyprus says Statoil, Exxon, ENI, Total interested in offshore gas
Cyprus received expressions of interest from ENI, Total, Statoil, Exxon Mobil, Qatar Petroleum, and Cairn in a licensing round for offshore hydrocarbon blocks which lapsed last week, its energy ministry said on Wednesday.
France: incident at Dunkirk LNG terminal
Send out tests at France’s fourth LNG import terminal in the port of Dunkirk (Dunkerque) have been stopped due to an incident which led to the evacuation of the terminal’s workers. “The Dunkirk LNG terminal, currently in test phase, was put into safe conditions this night, because of LNG presence in
MET International completes first LNG import deal
Switzerland-based MET International, the natural gas trading arm of MET Group, said it has completed its first liquefied natural gas (LNG) import transaction. MET International has purchased a cargo into Italy on a DES basis in mid-July to cover its downstream demand, according to the company’s stat
BP’s Q2 profit down 45 pct
UK-based energy giant BP reported a 45 percent drop in its second-quarter profit due to lower oil and gas prices and refining margins. Profit for the second quarter was $720 million on an underlying replacement cost basis, compared with $1.3 billion for the second quarter of 2015, BP said in a state
GTT secures two DNV GL approvals for its training software
GTT Training, a unit of French GTT dedicated to training LNG professionals and to the development of associated simulation tools, has obtained two approvals for G-Sim training software from classification society DNVGL. This standard specifies the requirements of simulators that are to be used to de
Golar, Schlumberger create FLNG JV
Golar LNG, one of the world’s largest owners and operators of LNG carriers, and oilfield services giant Schlumberger on Monday created OneLNG, a joint venture aiming to “rapidly develop low-cost gas reserves” to LNG.
Report: GAIL seeking LNG contract revision with Gazprom
India’s utility GAIL is reportedly looking to renegotiate its 20-year gas purchase agreement with Gazprom of Russia due to low spot prices and weak local demand.
Second U.S. LNG cargo delivered to Europe
Reganosa’s Mugardos LNG terminal in the port of Ferrol on Friday received the second ever cargo sent from Cheniere’s Sabine Pass LNG facility in Louisiana to Europe.
Top news of the week July 18-23, 2016
Engie puts Cameroon LNG project on hold French utility and LNG player Engie has put on hold its plans on building a liquefied natural gas export plant on the coast of the Kribi region in southern Cameroon. Technip wins contract for SCT&E LNG project French engineering outfit Technip signed a master
Total inks LNG supply deal with Chugoku Electric
Total of France signed a deal with Japenese utility, Chugoku Electric for the supply of liquefied natural gas for 17 years starting from 2019.