Clean Fuel
Update: EGAS receives first Rosneft LNG cargo
The Egyptian Natural Gas Holding Company (EGAS) has received its first cargo from Rosneft.
GasLog, GasLog Partners appoint new directors
GasLog, a Monaco-based owner and operator of LNG carriers on Thursday elected ten directors at the company’s annual general meeting of shareholders.
Klaipedos Nafta’s LNG terminal revenue up
Klaipedos Nafta, the operator of the first Lithuanian LNG terminal informed that sales revenues from the import facility reached €6 million, 11.1 percent up on €5.4 million in the same month last year.
More Qatari LNG heading for South Hook
The United Kingdom’s South Hook liquefied natural gas terminal is scheduled to receive a cargo of LNG from Qatar next week.
U.S.-EU Energy Council discusses energy security, LNG
The United States-European Union Energy Council met on Wednesday in Washington discussing energy security in Europe and the United States.
LNG, methanol leading marine decarbonisation fuels, report says
A report by European Commission’s Joint Research Centre reveals that LNG as fuel, together with methanol, is the fuel best suited for the decarbonisation of the shipping sector. Alternative fuels have already entered the market with shipbuilders, engine manufacturers and classification societies int
Fitch: Yamal LNG $12bl finance deal reduces risks of delays
The Yamal LNG project finance deal with major Chinese banks has reduced the likelihood of significant project delays, and further capital injections from the project partners are much less likely to be needed, according to Fitch Ratings.
Repsol’s profit hit by low oil prices
Spanish energy giant Repsol on Thursday informed its first quarter net profit plunged 43 percent to €434 million from €761 million in the corresponding quarter in 2015.
PGNiG eyeing five spot LNG cargoes in June-July
Polish Gas and Oil Company (PGNiG) on Wednesday informed it is looking to buy five cargoes of liquefied natural gas on the spot market.
Portugal set to receive LNG cargo
The 2004-built, 138,273 cbm Milaha Ras Laffan LNG carrier is to deliver a cargo of chilled gas to REN’s Sines LNG import terminal in Portugal next week. According to the shipping data by the Port of Sines, the vessel is due to dock at the LNG terminal that lies on Portugal’s Atlantic coast on May [&
Noble Group rebuilding LNG trading desk
Hong Kong-based commodity trading house, Noble Group, has reportedly appointed former Total SA LNG trader Idoia Monje Norte to its liquefied natural gas desk in London.
Shell Q1 income plunges on low prices
LNG giant Royal Dutch Shell on Wednesday posted it first results since the multi-billion takeover of BG, revealing a sharp decline in its first-quarter profit on low oil, gas and LNG prices.
Engie names new executive committee
French LNG player Engie informed that it has created a new executive management team as part of its ongoing transformation plan.
Shell to slash jobs in Australia
LNG giant Royal Dutch Shell said it would cut jobs in Australia following the recent merger with the BG Group. Shell has earlier flagged around 2,800 job cuts worldwide following the takeover of LNG player BG. “Shell has commenced conversations with employees about business efficiency and staffing l