Clean Fuel
Dynagas LNG Partners profit up
Dynagas LNG Partners, an owner and operator of LNG carriers, revealed a net income for the three and six months ended June 30, 2015 of $14.3 million and $29.2 million, respectively, an increase of 40.0% and 37.3%, respectively, over the same periods in 2014.
Sakhalin Energy hits 1000 LNG cargoes milestone
Sakhalin Energy said it has offloaded the 1000th standard cargo of LNG, produced since the start of the first Russian LNG plant.
Vopak ups Gate LNG stake
Rotterdam-based storage tank company Vopak said it has recently boosted its stake in Gate LNG terminal in the Netherlands. “Vopak increased its share in the LNG joint venture Gate Terminal from 47.6% to 50.0%,” the company said in its half-year report. The main shareholders in the first Dutch LNG te
Total ditches coal, focuses on natural gas
Total informed that, with closing of the sale of mine operator Total Coal South Africa it no longer produces coal and turns its sights on natural gas.
Novatek finds buyer for 10 pct stake in Yamal LNG
Novatek of Russia is reportedly on the brink of selling a 9.9% stake in its Yamal LNG project to a Chinese investment fund.
Norwegian LNG cargo heading for Spain
The latest LNG cargo to be loaded at Statoil’s Hammerfest terminal in Norway has been dispatched to Spain.
Bibby HydroMap kicks off Port Meridian LNG survey job
Seabed survey company Bibby HydroMap said it has begun survey operations on the proposed LNG project off Morecambe Bay.
Heads of Gazprom, Naftogaz meet in Minsk
Gazprom’s head Alexey Miller and Andrey Kobolev, CEO of Naftogaz of Ukraine, met on Friday in Minsk. They discussed the current cooperation between the companies as well as the progress with Naftogaz of Ukraine’s preparations for the upcoming winter season, according to a statement by Russia’s Gazpr
Top news of the week, August 17-22, 2015
PIRA: U.S. LNG projects could struggle to recover costs NYC-based PIRA Energy Group believes that the return of Japanese nuclear capacity, surging Asian LNG supply, and the weakness of crude prices does not bode well for Atlantic Basin flows to Asia. Clarksons: more newbuilds needed to cover LNG dem
LNG carrier Aamira on course to South Hook
South Hook LNG terminal in the UK is scheduled to receive the sixth cargo of Qatari liquefied natural gas within a period of ten days.
I.M. Skaugen cuts losses, advances small-scale LNG
Shipping company I.M Skaugen reported a loss of US$ 0.5 million for the second quarter of this year, compared to a negative result of US$ 4.6 million in the previous quarter.
Gazprom, Eni talk European gas market
Gazprom’s CEO, Alexey Miller, and Claudio Descalzi of Eni met on Thursday in Moscow. They discussed, among other things, over the global energy scenario with a particular focus on the dynamics of the gas market in Europe, Italy’s Eni said in a statement. According to the statement, the two companies
Eco VLGC Constitution delivered to Dorian LPG
Dorian LPG, an owner and operator of modern Very Large Gas Carriers, said that it took delivery of the ECO VLGC Constitution from Hyundai Samho Heavy Industries.
DNV GL unveils class notation for gas STS bunkering
DNV GL informed that it has developed a new class notation for gas bunker vessels to ensure safe fuel transfer operations from one ship to another.