Clean Fuel
Fitch cuts Shell’s credit rating after BG takeover
Credit rating agency Fitch downgraded Hague-based LNG giant Shell following its $53 billion acquisition of BG Group. Fitch downgraded Shell’s Long-term Issuer Default Rating to ‘AA-‘ from ‘AA’. The outlook is negative, the agency said in a statement last week. Shell completed the BG acquisition on F
BioMar orders new LNG-powered feed carrier
BioMar recently revealed that in collaboration with NSK Shipping it has placed an order for a new LNG-powered fish feed transportation vessel.
Neste Jacobs pens five-year services deal with Gasum
Neste Jacobs said on Wednesday it has signed a five-year framework agreement with Gasum of Finland for engineering and project implementation services.
Portugal’s Sines to receive LNG cargo
The 1981-built Ramdane Abane LNG carrier is to deliver a cargo of chilled gas to REN’s Sines LNG import terminal in Portugal on Wednesday. According to shipping data, the 126.132 cbm vessel is currently located near the LNG terminal that lies on Portugal’s Atlantic coast in the industrial area of Si
DNV GL’s executive VP retires
DNV GL Group’s executive vice president Tor E. Svensen on Tuesday revealed his decision to retire from his position with effect from August 1, 2016.
South Hook LNG books first March cargo
The South Hook liquefied natural gas terminal is scheduled to receive its first cargo in March.
Gazprom advocates use of LNG as fuel in Bolivia
Gazprom and Luis Alberto Sanchez, Bolivian Minister of Hydrocarbons and Energy signed a memorandum of understanding to promote the use of liquefied natural gas.
Rosneft, PDVSA mulling LNG export project in Venezuela
A preliminary deal signed by Rosneft of Russia and Venezuelan PDVSA could lead to the development of an LNG export project.
Wood Group wins more GWF-2 work
Aberdeen-based LNG engineer Wood Group revealed on Monday it has won a contract from Woodside for the detailed design of the Greater Western Flank Phase 2 flowline system.
Klaipeda port awaits Norwegian LNG cargo
Lithuania’s LNG terminal at the port of Klaipeda is scheduled to receive a cargo of liquefied natural gas from Norway.
Duhail sets course for South Hook LNG terminal
The UK’s South Hook liquefied natural gas terminal is scheduled to receive a cargo of LNG from Qatar at the end of the month.
Top news of the week February 15-20, 2016
Merger completed, BG becomes part of Shell Hague-based LNG giant Shell said Monday that the scheme with BG Group has become effective and the UK-based company is now owned by Shell. EU proposes new gas and LNG rules The European Commission has on Tuesday released new proposals for a raft of measures
UK GAS-Prices dip on lower demand for power generation and heating
British wholesale gas prices fell on Friday as strong supply from storage sites and liquefied natural gas (LNG) terminals, and softer demand for power generation and house heating, led to an oversupplied system.
GTT’s 2015 revenue flat
France’s Gaztransport & Technigaz (GTT), maker of LNG containment systems, posted a revenue of 226.5 million euros, down 0.13 percent as compared to the year before.