Clean Fuel
Delek Europe Sold to TDR Capital for 355 Mln Euros
Delek Group signed a detailed final agreement for the sale of Delek Europe to TDR Capital for €355 million, the company said in a statement. “The Company will report in a further immediate report on the date of execution of the detailed agreement,” Delek added. Delek Europe was established in May 20
Qatari LNG Heads for UK
The Al Sadd LNG carrier, with a capacity of 210,000 cubic metres, is due to arrive in the UK’s South Hook terminal from Qatar on June 16, port data reveals. The South Hook LNG terminal, a part of the Qatargas 2 integrated value chain, is one of the largest LNG re-gasification terminals in Europe and
Sovcomflot Q1 Revenue Climbs
Sovcomflot of Russia said its gross revenue (freight and hire receivable) increased by 16.5 per cent to USD 365.1 million in the first quarter of this year. After accounting for voyage costs and commissions, TCE revenues increased by 34.1 per cent to USD 270.6 million (Q1 2013: USD 201.8 million). E
Top News of The Week June 2-7, 2014
TransCanada Signs LNG Pipeline Agreement With Chevron and Apache TransCanada’s unit NOVA Gas Transmission has signed agreements with Chevron Canada and Apache Canada. CB&I to Undertake Goldboro LNG FEED for Pieridae Pieridae Energy Canada has selected CB&I to undertake Front-End Engineering and Desi
Gazprom Helping Czech Republic Develop NGV Market
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Vladimir Remek, Ambassador Extraordinary and Plenipotentiary of the Czech Republic to the Russian Federation. “The parties addressed the ongoing cooperation between Russia and
Gazprom Investing in European Energy Security
On the threshold of Gazprom’s annual General Shareholders Meeting, the company’s headquarters hosted a press conference “Gas Export and Enhancing Reliability of Gas Supply to Europe” on Tuesday. Taking part in the press conference were Alexander Medvedev, Deputy Chairman of the Gazprom Management Co
Gazprom and Naftogaz Talks Held in Berlin
Alexey Miller of Gazprom and Andrey Kobolev, CEO of Naftogaz of Ukraine, met in Berlin on Wednesday where they addressed a wide range of issues regarding the bilateral cooperation in the gas sector. “On request of the Ukrainian party, the debt settlement deadline was postponed until June 10, due to
Make Us Dream : On Board LNG Tanker Global Energy (VIDEO)
The Gazocean employees, of the natural gas and LNG business line, lent themselves to the game of the “Make Us Dream” operation on board the GDF Suez Global Energy LNG tanker. https://www.youtube.com/watch?v=_RSFdxdfqz8 Gazocean, a subsidiary of GDF Suez and NYK Line groups, operates five LNG carrier
Croatia Can Help Diversify Europe’s Energy Sources
The President of the Republic of Croatia, attended a working lunch in Warsaw celebrating the 25th anniversary of Poland’s first free elections since the Second World War. This was the perfect opportunity to present the country’s potentials in a push to diversify Europe’s energy sources. The Presiden
LNG Filling Station Opens in Port of Antwerp
The first LNG filling station in Belgium has recently opened in Kallo, in the Antwerp port area on the left bank of the Scheldt. The construction of the terminal cost about €1 million. Liquefied natural gas is safe, more environmentally-friendly than diesel and is about a quarter less expensive. The
UK to Receive Another LNG Cargo
The South Hook liquefied natural gas terminal in the UK is expected to receive a cargo of LNG on June 12, port data reveals. The Zarga LNG carrier, with a capacity of 266,000 cubic metres, is transporting the cargo from Ras Laffan, Qatar. This represents the third qatari cargo scheduled to arrive at
Novatek and Sibur Announce NGL Transportation and Processing Capacity Additions
Novatek and Sibur reported to Russia’s President Vladimir Putin on completion of a series of projects aimed at creating an integrated technological chain from hydrocarbon production to deep processing in Russia. The announcement was made at a meeting of the Presidential Commission for Strategic Deve
Total Inks LNG Deal with Pavilion Energy
Total of France signed a 10-year LNG sale and purchase agreement with Pavilion Gas, a unit of Pavilion Energy, for the supply of 0.7 million tonnes per year of liquefied natural gas to Asia, including Singapore, starting in 2018. In addition, several LNG cargoes will be supplied prior to 2018. This
Capital Partners With LR and DSME to Develop LNG ULCS
Capital Ship Management Corporation is prioritizing a business strategy inspired by, and applying, the key principles and goals of the International Maritime Organization (IMO’s) Strategy for Sustainable Maritime Transport Systems. Capital is incorporating key ‘imperatives’ and ‘goals’, as defined b