Clean Fuel
Hoegh LNG Partners post profit
Höegh LNG Partners, a unit of Höegh LNG, reported a net income for the three months ended June 30 of $16.3 million, an increase of $23.6 million from a net loss of $7.3 million in 2014.
Lloyd’s Register to class LNG heavy lift crane vessel
Lloyd’s Register said it has won a contract to class what it claims to be the world’s largest heavy lift crane vessel (NSCV) for the Netherlands-based Heerema Group. The semi-submersible vessel will be constructed at the newly opened Sembcorp ‘Mega yard’ in Singapore. The dual-fuel LNG and MGO vesse
Skangas to supply LNG to power plant in Finland
Skangas, a unit of Gasum, and the energy company Porin Prosessivoima have entered into an agreement on the supply of liquefied natural gas for a power plant in Kaanaa industrial park, Pori, Finland. Porin Prosessivoima will buy LNG for the generation of energy used in production processes in the ind
Total sells UK gas assests
French gas and oil giant Total has signed an agreement to sell all of its interests in the FUKA and SIRGE gas pipelines and the St. Fergus gas terminal to North Sea Midstream Partners for £585 million ($905 million). The Total-operated Frigg UK Pipeline (FUKA) is a 362-kilometer pipeline delivering
OMV names new upstream head
OMV informed it has appointed Johann Pleininger as the Executive Board member responsible for Upstream as of September 1, 2015.
Rosneft, EGAS ink LNG supply deal
Rosneft Trading, a company of Rosneft Group, and the Egyptian Natural Gas Holding Company signed a master LNG supply and purchase agreement.
Wartsila: 34DF engine taking over LNG carrier market share
Three major South Korean shipyards Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries have shown support of Wärtsilä’s upgraded 34DF engine.
South Hook set for first September LNG cargo
One of the largest LNG carriers in the world, the 266,000 cbm Shagra, is scheduled to arrive at UK’s South Hook import terminal in September.
Awilco LNG posts lower freight income in Q2
Oslo-based Awilco LNG, owner of five LNG tankers, reported a freight income for the second quarter of US$7.3 million, down from US$12.1 in the previous quarter. The decrease was due to lower utilisation and rates for both WilGas and WilPride, according to Awilco LNG’s half-year report. Fleet utilisa
LR to class Elcano’s LNG carriers set to transit Panama Canal
A pair of Elcano-owned 178,000m³ LNG carriers, which will be built to LR class, will be two of the largest of their kind to navigate the Panama Canal – which is due to re-open in 2016.
Hoegh LNG swings to profit
Höegh LNG of Norway said its profit after tax was at US$6 million in the second quarter of this year, up from a loss of US$2.4 million in the previous quarter. The company’s EBITDA also rose to US$22.6 million in the quarter, as compared to US$16.5 million in the first three months of this year. [&h
Gazprom, China pushing to conclude western route deal
Gazprom’s Chairman, Alexey Miller and Zhang Gaoli, First Vice Premier of China’s State Council and Wang Yilin, Chairman of the Board of Directors of China National Petroleum Corporation, met in Beijing.
PIRA: Qatar ups LNG deliveries to Europe
NYC-based PIRA Energy Group reports that Qatari LNG pushes to Europe to support Asian prices.
ENN opens LNG station in UK
ENN said it has opened its new open-access natural gas vehicle refuelling station for HGVs in the UK, situated near Huntingdon, Cambridgeshire.