Clean Fuel
DW: Brexit brings uncertainty, prolongs pressure on oil prices
The oil and gas sector, still facing low oil prices, has yet another impact to deal with following the vote results in the UK’s EU referendum with 52 percent votes in favor of leaving the European Union.
UK books more Qatari LNG
The United Kingdom is scheduled to receive another shipment of Qatari liquefied natural gas next week.
Intertek wins Ichthys LNG extension
London-based total quality assurance provider has been awarded a contract to extend provision of quality assurance services into the operational phase of Inpex-led Ichthys LNG project in Western Australia.
U.S. clears Technip, FMC merger
Paris-based LNG engineer Technip and Houston-based FMC Technologies said that the pending merger transaction between the companies has been cleared by the United States antitrust regulators. The transaction has received an early decision from the United States antitrust regulators under the Hart-Sco
VEB of Russia provides $3 bln guaranty for Yamal LNG loans
Russian Vnesheconombank, the bank for development and foreign economic affairs, provided a guarantee for $3 billion of loans secured by the Novatek-led Yamal LNG project.
Qatar National Bank: LNG market to be oversupplied until 2020
The liquefied natural gas (LNG) market is expected to be oversupplied over the next few years due to the start-up of new projects in Australia, the U.S. and Russia, according to a report by the Qatar National Bank. High oil prices in the past, to which LNG contracts are linked, have encouraged the s
Poland gets first spot LNG cargo
Poland, that has recently joined the club of worldwide LNG importing nations received its first spot cargo of the chilled fuel aboard the 147,980 cbm Arctic Princess during the weekend. The spot cargo was delivered on Saturday by Norway’s Statoil from its LNG facility on Melkoya island, Gaz System’s
Gazprom, CNPC sign MoU on gas-fired power generation
Alexey Miller, head of Russian Gazprom recently met with Zhang Gaoli, vice premier of the State Council of China and CNPC Chairman, Wang Yilin.
Top news of the week June 20-25, 2016
MEI: LNG oversupply to stretch to 2024 The latest research by McKinsey Energy Insights (MEI) predicts the LNG oversupply could last until 2024, meaning few projects could reach financial investment decision in the next 12 to 18 months. Alaska LNG sees first production in 2025 Alaska LNG export proje
Adriatic LNG unloads 450th cargo
Adriatic LNG, the operator of the regasification terminal off the Veneto coastline recently received the 450th LNG carrier at the facility.
Shell says will work with UK, EU after Brexit vote
The world’s largest LNG company, Shell said Friday it will work with the UK government and European institutions on any implications for its business from Britain’s decision to leave the European Union (EU). Britain is expected to submit an application to leave the EU following Thursday’s referendum
Kruglov: Gazprom’s profit to triple
Gazprom of Russia is predicting a significant increase in profit for 2015, despite pressure low oil prices had on the financial results.
First July cargo for South Hook LNG terminal
South Hook liquefied natural gas terminal in the United Kingdom is scheduled to receive a cargo from Qatar in July.
Maersk Group names new CEO
Søren Skou has been appointed as the new chief executive officer of A.P. Møller – Mærsk, replacing Nils S. Andersen, who will leave the Maersk Group, effective July 1, 2016.