Clean Fuel
GTT responds to Korean FTC inquiry rumors
France’s GTT, an engineering company specialized in LNG containment systems, responded to media reports on the possible investigation of its contracts with South Korean shipbuilders.
Norwegian cargo heading for Sagunto LNG terminal
Saggas-owned Sagunto LNG terminal in Valencia is scheduled to receive a cargo of liquefied natural gas from Norway next week.
Ophir makes board changes
Ophir Energy on Wednesday revealed that it has named William Schrader chairman of the board, replacing Nicholas Smith who will retire on April 30, 2016.
Shell shareholders approve merger with BG
The Hague-based Royal Dutch Shell on Wednesday revealed its shareholders voted in favor of the merger with BG Group, opening the door for the creation of one of the biggest LNG players in the world.
Wartsila’s 2015 sales up, order intake down
Finnish engine manufacturer Wärtsilä said Wednesday its order intake decreased 3 percent to 4.93 billion euros in 2015. Wärtsilä’s 2015 net sales increased 5 percent to 5.03 billion euros as compared to the year before. In the fourth quarter, the company’s order intake dropped 8 percent to 1.4 billi
First February LNG cargo heading for UK
The UK’s liquefied natural gas terminal located on the shores of the Milford Haven waterway is expecting a fresh cargo from Qatar.
Skangas’ LNG deliveries rise in 2015
Skangas, a unit of Finnish Gasum, delivered 33 percent more liquefied natural gas last year than in 2014.
ExxonMobil: natural gas demand to rise 50 pct
Texas-based energy giant ExxonMobil said in a report on Monday that natural gas and LNG are expected to meet about 40 percent of the growth in global energy needs and demand for the fuel will increase by 50 percent. “In 2040, oil and natural gas are expected to make up nearly 60 percent of global su
Novatek’s proved reserves rise in 2015
Novatek, the operator of Yamal LNG project informed that its proved reserves increased 1.4 percent in 2015, according to the appraisal carried out by DeGolyer & MacNaughton.
Lithuania negotiates LNG price cut with Statoil
Lithuania’s prime minister Algirdas Butkevicius informed the LNG supply deal with Statoil of Norway has been amended.
LNGWN poll: shareholders say yes to Shell-BG merger
Shareholders of BG Group and Royal Dutch Shell will approve the multi-billion merger of the two energy giants at meetings scheduled to take place this week, according to two polls conducted by LNG World News.
Ophir brings Schlumberger on board Fortuna FLNG
London-based Ophir Energy revealed on Monday it has partnered up with Schlumberger on the Fortuna FLNG project in Equatorial Guinea.
Sener develops LNG-powered bunkering vessel
Barcelona-based Sener on Monday informed it has developed a new design of a liquefied natural gas bunkering vessel that uses LNG as fuel.
Canada to receive Norwegian LNG shipment
Statoil’s Hammerfest LNG export facility in Norway has dispatched a cargo to Canada last week, according to shipping data. The data reveals that the LNG cargo transported onboard the Statoil-chartered Arctic Princess is heading for the Canaport LNG terminal located in Saint John, New Brunswick. It i